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Journal Article
The maquiladora's changing geography
A lack of data has limited our understanding of the distribution of maquiladora activity. Recently, Mexico's chief statistical agency provided previously unpublished information that will allow us to draw a more detailed portrait. ; We take a preliminary look at where specific maquiladora activities take place within Mexico. Then we examine changes in location since 1990, finding that the North American Free Trade Agreement (NAFTA) and other trade pacts have been the most important factors reshaping patterns of maquiladora employment.
Journal Article
Maquiladora industry: past, present and future
Journal Article
A new index of coincident economic activity for Houston
Journal Article
Border benefits from Mexican shoppers
Journal Article
Housing market trends in El Paso
Mexican peso strength noteworthy among emerging markets during Fed tightening
Many emerging-market currencies have depreciated modestly during the Federal Reserve’s tightening cycle that began in March 2022. The Mexican peso, however, outperformed the group during the period.
Federal Aid Helps Border Keep Pace with Texas Economy During Pandemic Turmoil
U.S. pandemic relief policies boosted the border economy, helping it keep pace with state growth. The restoration of trade with Mexico and a surprise migration surge also supported more-recent border economic activity.
Journal Article
Position as Top Exporting State Exposes Texas to Shifting Trade Policy
Texas enjoys a strong position in world trade, benefiting from its comparative advantage in energy-related manufacturing and intermediate goods exports. As the nation?s No. 1 exporting state, Texas faces challenges from shifting trade policies, which tend to erode the cost advantages that benefit the state?s leading sectors globally.
Journal Article
Strong U.S. labor market drives record remittances to Mexico
Remittances from the U.S. to Mexico reached a record $55.9 billion in 2022. Strong employment in the U.S. construction sector—a leading employer of Mexican migrants—best explains the recent growth of remittances to Mexico.
Journal Article
Recession arrives in Texas: a rougher ride in 2009
Through much of 2008, the Texas economy continued to expand while the nation fell into recession. Growth in the energy and high-tech sectors and rising home prices were key factors in making Texas' economy one of the nation's strongest. ; In the last half of the year, however, the state's economic conditions deteriorated rapidly. The weakening was primarily due to the deepening global financial crisis and sharp declines in energy prices, high-tech activity and exports. ; Indicators suggest Texas trailed the official December 2007 start of the U.S. recession by at least six months. So far, the ...