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Texas Weekly Employment Estimate Provides New, Early Economic Insights
In this environment where economic conditions change very quickly and can reverse with the spread of the virus, tracking the Texas economy requires a timelier indicator than standard quarterly and monthly economic measures.
Journal Article
Texas economy moves from recovery to expansion
Leading economic indicators have increased in recent months, suggesting growing momentum going into 2012.
Journal Article
Reforma Energética: Mexico takes first steps to overhaul oil industry
The fiscal health of the Mexican government and the living standards of Mexico?s citizens are inextricably tied to that of Pemex, making declining crude oil production over the past decade a particularly troubling sign for many in Mexico.
Journal Article
Intra-Industry Trade with Mexico May Aid U.S. Global Competitiveness
Since the enactment of NAFTA, U.S.?Mexico trade and manufacturing processes have become increasingly integrated through cross-border production linkages. A new Banco de Mxico economic model finds that U.S. imports from Mexico can be explained by taking into account the level of U.S. exports?suggesting that trade with Mexico may have contributed to enhanced U.S. global competitiveness.
Journal Article
Composite index: a new measure of El Paso's economy
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.
Working Paper
Do remittances boost economic development? Evidence from Mexican states
Remittances have been promoted as a development tool because they can raise incomes and reduce poverty rates in developing countries. Remittances may also promote development by providing funds that recipients can spend on education or health care or invest in entrepreneurial activities. From a macroeconomic perspective, remittances can boost aggregate demand and thereby GDP as well as spur economic growth. However, remittances may also have adverse macroeconomic impacts by increasing income inequality and reducing labor supply among recipients. We use state-level data from Mexico during ...
Journal Article
U.S., Mexico deepen economic ties
Journal Article
Cyclical differences emerge in border city economies
Journal Article
A decade of change: El Paso's economic transition of the 1990's