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Amid challenges, there is hope that a strong, expanding U.S. economy and a bright global outlook will support brisk Mexican growth in 2018. Additionally, domestic consumption is expected to increase as inflation decelerates and wages catch up to prices
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The El Paso Branch of the Federal Reserve Bank of Dallas held a daylong conference, “U.S.–Mexico Manufacturing: Common Bonds,” in November 2010 to assess the future of U.S.–Mexico trade in manufactured goods following the global recession. Speakers reviewed the prospects for bilateral...
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Texas border cities, at the front line of North American Free Trade Agreement-driven economic changes, have found new paths to growth by taking advantage of trade-inspired commercial opportunities during the past two decades. Partly as a result, unemployment in the largest communities has declined
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For decades, Mexico's maquiladoras have been a major growth engine in the Rio Grande region, and monthly reports on the industry's employment, wages and production were key barometers for the border region's economy. ; We developed a model to estimate Juarez's monthly maquiladora employment....
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In this paper we use a dynamic single-factor model originally due to Stock and Watson [18, 19] to measure the business cycle in four Texas border Metropolitan Statistical Areas (MSAs) and Mexico. We then measure the degree of economic integration between border cities, the US, Texas, and Mexican...
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