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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

C-BED in the News

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Gas prices could see break if strait opens

Gas prices have surged across the United States since the conflict in Iran began rattling global energy markets, though oil prices later pulled back sharply Monday after briefly spiking toward $120 a barrel. "Once the strait of hormuz is opened, the prices will drop and could drop very rapidly but the question is that in longterm, will iran maintain the control as it has now on the strait of hormuz" says Christopher Erickson, professor at New mexico state university.

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Iran's Effect on Stock Market

With the war in Iran slowing the global flow of oil and causing extreme swings in stock markets, it's natural to want to do something to protect your retirement savings.Historically, though, staying calm usually is best. The U.S. stock market has a track record of recovering from every steep drop it's taken. Whether it's a global financial crisis, a trade war or a military war, the S&P 500 so far always recouped its losses to push toward more records.

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Banxico took it easy for too long, says economist

Mexico’s central bank missed the mark with its easing cycle, which led to this month’s higher-than-expected levels of inflation, an economist tells Central Banking.

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The data says spaceport is ‘successful at this point’

Armed with data that says Spaceport America is boosting New Mexico’s economy, supporters say the debate about whether to continue funding the project should be over. But even the new economic impact study, which shows the spaceport bringing in tens of millions of tax dollars for government and creating hundreds of millions of dollars in economic activity per year, appears unlikely to satisfy the spaceport’s biggest critics.

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Publications

Trade and Economy

Economic Impact of Project Jupiter on New Mexico

Explore how CBED at New Mexico State University have prepared an analysis of the economic Impact of Project Jupiter on New Mexico 2026-2029

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Economic Impact of Spaceport America

Explore how CBED at New Mexico State University have prepared an analysis of the economic impact of Spaceport America for the period 2019–2024.

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Focus Areas

Projects

Analyzes cross-border trade patterns, transportation networks, and economic competitiveness in U.S.–Mexico border regions.

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Presentations & Outreach

Delivers research presentations and policy discussions on topics such as trade, workforce, and regional development at the border.

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Data Dashboards

Develops interactive data dashboards and applied research projects that provide insights into border economies and community trends.

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C-BED Leadership

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Christopher Erickson

Director

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Lucinda Vargas

Associate Director

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Kramer Winingham

C-BED Fellow

Other Team Members