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Journal Article
Maquiladora recovery: lessons for the future
Journal Article
Maquiladora data: Mexican reform clouds view of key industry
Improved business outlooks, faster job growth boost Texas outlook
A majority of Texas Business Outlook Surveys participants expect increasing demand over the next six months, signaling an improving business outlook, even as inflation and wage growth in Texas remain elevated.
Journal Article
Spotlight: Texas service sector outlook survey completing the regional economic picture
The service sector drives the Texas economy, accounting for 59 percent of private-sector output and employing close to 7 million workers. Despite the service sector?s prominence, there are no timely state-level gauges of its activity. To fill this regional data gap, the Federal Reserve Bank of Dallas began assembling the Texas Service Sector Outlook Survey (TSSOS) in 2007. After a four-year collection period, the data have been seasonally adjusted, with public release June 1.
Journal Article
Will reforms pay off this time? Experts assess Mexico’s prospects
Mexico?s sharp first-quarter slowdown isn?t entirely surprising. While the country has made considerable economic advances in recent years, its growth is closely tied to that of its northern neighbor, and the U.S. economy stalled at year-end. Some Mexico indicators, such as industrial production, have been flat since mid-2012.
Working Paper
Texas Manufacturing Outlook Survey: survey methodology and performance
The Texas Manufacturing Outlook Survey (TMOS) is a monthly survey of area manufacturers conducted by the Federal Reserve Bank of Dallas. TMOS indexes provide timely information on manufacturing activity in Texas, which is useful for understanding broader changes in regional economic conditions. This paper describes the survey methodology and analyzes the explanatory and predictive power of TMOS indexes with regard to other measures of state economic activity. Regression analysis shows that several TMOS indexes successfully explain monthly changes in Texas employment and quarterly changes in ...
Journal Article
Trade conference explores U.S.–Mexico 'common bonds'
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 trade and Mexico?s maquiladora plants, which typically take inputs from the U.S. and assemble them into products for export back to the U.S.
Investment in Mexico Falls Despite Rise in Remittances
Mexico has grown more dependent on foreign direct investment and remittances after total investment declined sharply for a fourth consecutive year in 2020.
Journal Article
Mexico’s productivity woes limit nearshoring, growth potential
Industrial policy reform, nearshoring and a deeper Mexico–U.S. partnership could provide tailwinds for Mexican economic growth. Whether Mexico can harness the full potential of such transformative change is less clear.
Texas Economy Strengthens as Omicron Fades; Costs and Wages Rise Further
The Texas economy, paced by expansion within the service sector, grew strongly in February as the impact of the omicron variant of COVID-19 faded.