Center for Border Economic Development


 

The Center for Border Economic Development (C-BED) is in a unique position to marshal resources from across New Mexico State University (NMSU) to promote business expansion and economic development in communities along the U.S.-Mexico border. An important collaborator in our efforts is Arrowhead Center. Our mission and that of Arrowhead complement each other, and this has resulted in a productive partnership.
C-BED seeks to complement existing development efforts along the border by working closely with businesses, governments, NGOs, and other border stakeholders to identify impediments to economic development and to propose solutions to overcome those impediments. Many of the studies conducted since C-BED's founding in 2021 involve economic impact and infrastructure projects, including a study for the Border Task Force on the Paso del Norte Region and an economic impact study of the Santa Teresa Port of Entry and Santa Teresa industrial parks.

avacado

Trump’s firing of BLS chief may undermine public trust in jobs numbers, New Mexico economists say

 

After President Donald Trump, angered by a weaker-than-normal monthly jobs report, fired the head of the Bureau of Labor Statistics, claiming she had distorted the numbers for political gain, the New Mexico Department of Workforce Solutions said its data was and still is accurate. Economists across the state, however, warn that the move may undermine public trust in government statistics.

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bank of mexico

Experts split over wisdom of Mexico’s 25bp rates cut

 

The Bank of Mexico (Banxico) cut rates by 25 basis points on August 7, as analysts had been expecting. The monetary policy committee approved the decision by four votes to one. Jonathan Heath, a former Banxico deputy governor, was the sole dissenter, arguing that the rate should be held. Heath had dissented in the same way at the bank’s previous meeting in June, arguing that core inflation was too high and policy should remain restricted.

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