Bordernomics: Defining Economic Opportunities, Potential, and Challenges Confronting the US ‑ Mexico Border Region and Strategies for Enhanced Prosperity
Report Published on February 07, 2018The Perryman Group's Bordernomics study analyzes the economy of the US-Mexico border region in order to improve understanding of regional dynamics and identify actions which could generate meaningful improvement. The full study provides background information and a summary of current economic conditions, addresses the importance of NAFTA, describes challenges and opportunities faced in the border region, and estimates the business activity and jobs which could be added with enhanced cooperation among the US-Mexico border states.
The High Economic Cost of Proposed Tariffs on Imports from Canada and Mexico
Brief Published on December 03, 2024President-elect Trump has announced that he is considering a 25% tariff on goods from Canada and Mexico. The stated goals are to reduce the flow of fentanyl and other drugs into the United States and to increase assistance with controlling illegal immigration. While these issues are important, the economic costs of such tariffs would be enormous. If levies of this magnitude are actually implemented and sustained for an extended period, The Perryman Group estimates that almost two million US jobs could be lost.
The Economic Benefits of Texas‑Mexico Trade
Brief Published on February 15, 2024Trade between the United States and Mexico is crucial to both nations, and Texas has been the leading state for exports and imports between the two countries for decades. The Perryman Group estimates that trade between Texas and Mexico generates business activity across the United States of almost $1 trillion in gross domestic product annually and more than 8 million jobs (including multiplier effects and based on 2023 trade levels), with much of the activity concentrated in Texas.
- Tags:
- Federal Reserve,
- trade,
- Mexico,
- United States
Whis US port has the largest dollar trade volume ?
Radio Spot Broadcast via Texas State Networks on October 17, 2023Dr. Perryman discusses the importance of US trade with Mexico and that Laredo is the largest port in terms of trade volume in the US.
Tariff Turbulence
Column Published in syndication December 04, 2024President-elect Trump has announced that he is planning to implement a 25% tariff on all goods imported to the US from Canada and Mexico. The stated goals are to reduce the flow of fentanyl and other drugs into the United States and to increase assistance with controlling illegal immigration. While these issues are certainly important, the economic costs of such tariffs would be enormous.
- Tags:
- tariffs,
- Canada,
- Mexico,
- United States
Mexican Trade
Column Published in syndication February 07, 2024As the migrant crisis engulfs the border and the politics become increasingly complex and counterproductive, it is useful to remember the economic significance of our relationship with our southern neighbor. Let's briefly explore.
- Tags:
- trade,
- United States,
- Mexico,
- Texas