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Federal Reserve Bank

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. Lucinda Vargas, professor of economics at New Mexico State University, says the latest inflation figures should give policy-makers pause."This latest figure places the core price index in the 12 months through mid-February at 4.52%, above the percentage point tolerance for the inflation target," she notes.

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Spaceport America

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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Spaceport America

New Mexican legislators push for mobile home regulations

With cost of living top of mind for voters, New Mexico’s federal, state and local legislators have pushed new regulations of the manufactured home industry in the last year. The manufactured home market is a quasi-captive market, because the cost of moving a manufactured home from a rented pad is very high, said Chris Erickson, New Mexico State University economics professor.

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Spaceport America

How does the federal government shutdown affect New Mexico's economy ?

With a large federal workforce and high dependency on federally funded aid programs, New Mexico is likely to see more negative economic impacts...

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Spaceport America

Universal child care expected to boost New Mexico's economy and grow workforce

"This is a boon to the economy because it is the larger the workforce, the more productive workers we have, the better our economy does," Erickson said.

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Spaceport America

Spaceport America loses some lift following Virgin Galactic pause

After Spaceport America’s biggest tenant, Virgin Galactic, ended commercial flights out of the launch facility...

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BLS

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

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...

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White House Tariffs

A timeline of Trump’s tariffs and how they are affecting U.S. college students

Tariffs can drive up the cost of many products that students rely on every day. From laptops and smartphones to clothing...

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Avacado

Economic effects of tariffs, federal cuts, immigration policy and more

Tariffs are likely to drive up the price of avocados. So, do restaurant owners raise menu prices now?

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Chris Erickson

"Fronteras: A Changing America," impact of tariffs on local economy with Dr. Christopher Erickson.

Dr. Christopher Erickson... spoke with Jonny Coker on the KRWG News regarding the impact of tariffs on the local economy.

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New Mexico

New Mexico state treasurer warns against global tariffs

"Trump's tariffs threats will suffocate our state, national, and global economies, disrupting our way of life..."

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Tariffs

‘A tax hike on working people’: New Mexico officials react to Trump’s latest tariffs

New Mexico officials slammed the sweeping tariffs announced Wednesday by President Donald Trump...

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Banxico

Mexico's central bank cuts rates by 50bp

The Bank of Mexico (Banxico) lowered its target overnight interbank interest rate by 50 basis points to 9% on March 27...

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Trump Tariff

Trump’s Mexico tariff expected to hurt Arizona businesses

President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners...

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Border

Borderland economies face uncertainty amid tariff threats

The March 4th deadline for 25% tariffs imposed on goods imported from Mexico and Canada are looming above Border Communities...

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Trump Tariffs

How Trump’s tariffs could rattle economies along the US-Mexico border?

Uncertainty around President Donald Trump’s proposed tariffs and trade policy is putting businesses on America’s southern border on edge...

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USMCA

What’s on the Table for Renegotiation of the USMC?

Reiterating his concerns about unauthorized migration, fentanyl trafficking and trade deficits, U.S. President Donald Trump said Thursday...

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Minimum Wage

What Will a Higher Minimum Wage Mean for Mexicans?

Mexico will raise its minimum wage by 12 percent, a commission made up of government, labor and business representatives announced...

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Claudia Sheinbaum

Will Eliminating Regulatory Agencies Benefit Mexicans?

Mexico’s Senate on Nov. 29 approved a measure that would eliminate seven independent regulatory and oversight agencies...

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Tariffs

Trump's call for up to 100% tariffs on Mexico would hike US prices, experts say.

Arizona is Mexico’s No. 1 trading partner and vice versa. The same goes for the U.S. as a whole...

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Train

Train planned between Nogales, Mexico City.

A proposed revival in passenger train service between Nogales, Sonora, and Mexico City is generating excitement...

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Claudia Sheinbaum

How confident can foreign investors be in mexico ?

After taking office as Mexico's President on Oct. 1, Claudia Sheinbaum outlined 100 different policy points...

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Business

ABF hosts inagural Business of the Borderplex Event at las cruces.

Albuquerque Business First recently held its inaugural Business of the Borderplex event in Las Cruces...

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New House

Buying a new home is out of reach for many. Could housing tax credits help ?

A New Mexico senator wants to get more single-family homes built by creating a new tax credit program...

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Central Exchange

Will Mexico's Stock Market Reform Spur Investment ?

The board of Mexican bank regulator CNBV on Sept. 7 approved the terms of a stock market reform...

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Elon Musk

Will Nearshoring to Mexico Survive the U.S. Election?

Elon Musk said last month that Tesla will not be investing further in its Mexico factory until after the U.S. presidential election...

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Map

Map Shows Only State Where Immigrant Population Is Falling

The report, released on April 9, comes amid recent rises in migrant arrivals at the U.S.-Mexico border...

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Train

What Will Three New Rail Lines Mean for Mexico?

President-elect Claudia Sheinbaum announced July 10 that she will build three train lines running from the capital...

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Tariffs

What Do Tariffs on Chinese Goods Mean for Latin America?

U.S. President Joe Biden last month announced an increase in tariffs on several Chinese imports...

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EVs in Mexico

Can the U.S. Curb Chinese Production of EVs in Mexico?

Mexico is holding back on some incentives to Chinese electric vehicle manufacturers under pressure from the United States...

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Chris Erickson

Tipping Point NM episode 605: NMSU Professor Christopher Erickson

On this week’s interview Paul talks to Christopher Erickson a professor of economics at NMSU...

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USMCA

Will the USMCA Accord Survive an Upcoming Review?

The United States-Mexico-Canada Agreement (USMCA) is up for review in July 2026, at which time any of the three countries...

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New Mexico

New Mexico is the only state where the immigrant population is dropping

9.2% of people in New Mexico were not born in America – compared to the U.S. average of more than 13%...

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Map

Map Shows Only State Where Immigrant Population Is Falling

The U.S. Census Bureau defines "foreign-born" as "people who were not U.S. citizens at birth...

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Mexico Economic Growth

What Factors Are Driving Mexico’s Economic Growth?

Mexico’s inflation rate declined to 4.45 percent in the first half of February, nearly a half percentage point lower...

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Gretchen Morgenson

Pulitzer Prize-winner Gretchen Morgenson to speak at NMSU College of Business Feb. 20

Pulitzer Prize-winning journalist and author Gretchen Morgenson will be visiting New Mexico State University (NMSU)...

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NMSU Impact

Study measures NMSU’s billion-dollar plus impact on New Mexico economy

A study by New Mexico State University’s Arrowhead Center and the Center for Border Economic Development has found...

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Santa Teresa

Two more companies pick Santa Teresa

Coast Aluminum and Monti will create 70 jobs, $24 million in new investment. The New Mexico Economic Development Department...

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Spectrum News

Spectrum internet outage causes El Paso business losses

Saturday is usually one of the busiest days of the week for Monkey Rock, a family entertainment center...

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Mexican Railway

Can a Mexican Railway Compete With the Canal?

Mexico’s government wants to revive a century-old railway line that would link the Gulf of Mexico and the Pacific Ocean...

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Spaceport News

A look at Spaceport America's economic impact in New Mexico

The future of space travel may be commercial, as private industry continues to play a bigger role in rocket...

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Eddy County

Could oil and gas tax collections in Eddy County exceed $100M at the end of FY '23?

Oil and gas tax collections in Eddy County could exceed $100 million by the end of the 2023 fiscal year...

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Recession

A recession in New Mexico? Economists give their views on what a downturn would look like

The economy has been in a confusing state as of late. Inflation has cooled some with recent rate hikes...

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Paso del Norte

Paso del Norte, una perspectiva económica regional

México, al presentar importantes diferencias territoriales y un complejo grupo de agentes que interactúan...

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Money

NMSU professor explains wage differences for El Paso and Las Cruces city employees

EL PASO, Texas (KFOX14) — While some cities like Las cruces are already paying city employees a minimum wage of $15...

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Reshoring

‘Reshoring’ amortiguará una recesión

Aunque a nivel mundial se muestran signos de desaceleración económica, la relocalización de empresas en Ciudad Juáre...

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Migrantes

Recomiendan convencer a migrantes para trabajar en Juárez

Ciudad Juárez. Ante los retos que la relocalización de la industria (nearshoring) tiene para las fronteras mexicanas...

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Chris Erickson

Voice of the Public - economic forecast for 2023 with Dr. Chris Erickson

NMSU Professor and Director of the Center for Border Economic Policy Dr. Chris Erickson joins KC Counts...

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Recession

New Mexico economists say a recession is likely.

The gross domestic product in the United States has fallen 0.9% in the second quarter. “So, what that's saying is...

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Nearshoring

Is Mexico missing out on the nearshoring opportunity?

There is no shortage of talk about the opportunity Mexico has to benefit from nearshoring. Mexico is already positioned...

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FDI

Why Is Mexico Lagging Behind in Attracting FDI?

Foreign direct investment in Latin America hit a record high in 2022, with $225 billion committed from investors...

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Spaceport

Senators float idea NM should take financial control of Spaceport

Agency still has $29 million in unspent capital outlay, continues to seek capital outlay project manager...

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NMSU Study

NMSU study delves into Spaceport America's strong impact on NM economy

Arrowhead Center at New Mexico State University and NMSU's Center for Border Economic Development, or C-BED, recently partnered...

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Spaceport America Image

Spaceport America economic impact report

“The vision was always there that we could become this hub for commercial space and especially space tourism,“ Dr. Bill Gutman...

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