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Author:Smith, Chloe N. 

Texas Economy Building Momentum to Start Year

Growth in the Texas economy picked up at year-end 2019 and accelerated into January and job gains in December were accompanied by service sector growth.
Dallas Fed Economics

Texas Economic Activity Sharply Falls in Wake of COVID-19

Virus containment measures have prompted unprecedented declines in demand and triggered mass layoffs, shaking business and consumer confidence.
Dallas Fed Economics

Texas Economy Keeps Growing Despite More Pessimistic Outlook

The regional economy is growing at a moderate pace, and labor markets remain tight. However, the outlook among Texas firms has deteriorated due to concern about tariffs, trade policy uncertainty and slowing global growth.
Dallas Fed Economics

Journal Article
Go Figure: Migrant Apprehensions at U.S.–Mexico Border Spike in 2019

Apprehensions of migrants at the U.S. southern border surged in spring 2019.
Southwest Economy , Issue First Quarter

Investment in Mexico Falls Despite Rise in Remittances

Mexico has grown more dependent on foreign direct investment and remittances after total investment declined sharply for a fourth consecutive year in 2020.
Dallas Fed Economics

Journal Article
COVID-19 Poses Stubborn Challenge to Economic Growth in Mexico

Mexico, confronting a high rate of COVID-19 infection and an ineffectual medical response, recorded the largest decline in gross domestic product in a quarter century last year. While manufacturing trade with the U.S. provided economic support, the large and hard to reach off-the-books informal sector proved more troublesome and will play an important role in the nation’s performance in 2021.
Southwest Economy , Issue First Quarter

Journal Article
Go Figure: Assessing the Cost of Longer Border Wait Times

Wait times spiked in spring 2019 when Customs and Border Patrol resources were diverted away from border crossings.
Southwest Economy , Issue Fouth Quarter

Journal Article
Go Figure: Vehicle Sales Highlight Surprising Resilience in Spending During Pandemic

Texas truck/SUV sales held steady while car sales declined steeply amid the recession caused by COVID-19.
Southwest Economy , Issue Third Quarter

Working Paper
Labor Market Effects of Worker- and Employer-Targeted Immigration Enforcement

Hiring someone who is not authorized to work in the United States is illegal, and employers who knowingly hire unauthorized immigrant workers may face civil and criminal penalties. The federal government uses a variety of actions, including worksite raids and paperwork audits, to enforce the prohibition on hiring unauthorized workers. Compliance costs and the possibility of becoming the target of an immigration enforcement action may affect U.S. businesses’ decisions about whom to hire as well as how many workers to employ and how much to pay them, but little previous research has studied ...
Working Papers , Paper 2413

Journal Article
Federal COVID-19 Relief Aided Consumer Debt, Though Immigrant Texans Derived Less Benefit

U.S. and Texas residents shored up their household finances during the COVID-19 recession. The prevalence of various federal-level assistance programs helped boost savings and broadly reduce debt. Among mostly immigrant groups, this tendency was less pronounced, likely due to legal and socioeconomic barriers.
Southwest Economy , Issue Second Quarter

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