Texas Economic Activity Suddenly Contracts in March; Outlook Worsens Due to COVID-19
The economic downturn in Texas has begun, recent data suggest.
Spotlight: Mexico Sees Stronger 2018, NAFTA Challenges
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.
Mexico's four economies reflect regional differences, challenges
The economic potential of Mexico?s four regions is defined by their industrial makeup, income per capita and how much of the labor force operates outside the formal economy. Recent government reforms could promote growth and reduce regional inequality.
Texas border cities illustrate benefits and challenges of trade
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.
Maquiladora recovery: lessons for the future
Go Figure: Remittances to Central America Soar
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.
Explaining the increase in remittances to Mexico