Economic Impact of the Santa Teresa Port of Entry and the Santa Teresa Industrial Parks, 2023
The Center for Border Economic Development (C-BED) and Arrowhead Center (Arrowhead) at New Mexico State University have prepared a study of the economic impact of the Santa Teresa Port of Entry and the Santa Teresa Industrial Parks. The purpose of this analysis is to estimate the economic impact arising from the border-related economic activity and international trade enabled by the Santa Teresa Port of Entry and by the Santa Teresa Industrial Parks. This study is an update to our previous study released in 2021 that measured the same economic impacts.
The primary economic impacts of the Santa Teresa Port of Entry and the Santa Teresa Industrial Parks are employment by firms located in the Santa Teresa Industrial Parks, employment from new construction in the Santa Teresa Industrial Parks, and additional international trade facilitated arising from the logistical and strategic advantages of the Santa Teresa Port of Entry.
The study was completed in January 2024.