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The Role of Southern New Mexico in the Economy

October 18, 2013 Las Cruces, NM

New Mexico has a long tradition of rapid growth compared with the rest of the United States. The Great Recession touched virtually every region, and New Mexico was not an exception. While the U.S. economy has been in recovery mode since the summer of 2009, New Mexico has struggled to keep up with the national pace. Data indicate there is a significant difference in economic performance between Northern and Southern New Mexico, with the Southern leading the recovery. Strong economic growth in Southern New Mexico has been driven mostly by trade, commodities and agriculture.

Agenda

Friday, October 18

8:00 a.m.

Registration/Continental Breakfast

8:30 a.m.

Welcome Remarks

8:45 a.m.

The Global Economy
Mark Wynne
Vice President, Associate Director of Research and
Director of the Globalization and Monetary Policy Institute
Federal Reserve Bank of Dallas

9:30 a.m.

The National Economy
Tom Siems
Assistant Vice President
Federal Reserve Bank of Dallas

10:15 a.m.

Break

10:30 a.m.

Commodities and Agriculture
Emily Kerr
Associate Economist
Federal Reserve Bank of Dallas

11:15 a.m.

Overview of New Mexico's Trade and Infrastructure with Mexico
Jerry Pacheco
Executive Director
The International Business Accelerator

Noon

Lunch
The Southern New Mexico Economy

Jim Peach
Regents Professor
New Mexico State University

1:30 p.m.

Closing Remarks and Adjourn