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Highlighting the dynamic economy of Texas, northern Louisiana and southern New Mexico

Southwest Economy

Garrett Golding, Emily Perlmeter and Prithvi Kalkunte

Thirty years after Texas’ last nuclear plant opened, new nuclear generation could provide needed power without planet-warming greenhouse gas emissions.

Texas is poised to lead in new advanced technologies, notably artificial intelligence (AI) and semiconductor manufacturing.

Industrial policy reform, nearshoring and a deeper Mexico–U.S. partnership could provide tailwinds for Mexican economic growth. Whether Mexico can harness the full potential of such transformative change is less clear.

Alan D. Viard, senior fellow emeritus at the American Enterprise Institute and former senior economist at the Federal Reserve Bank of Dallas, discusses federal entitlements and tax policy challenges during an era of rising deficits.

Calixto Mateos, former managing director of the North American Development Bank, discusses his work at the NADBank and its role enhancing trade.

Pia Orrenius, Ana Pranger, Madeline Zavodny and Oscar Parra

Recently released data through 2019 show Texas remains a juggernaut, a leader for business relocations. And while figures covering the subsequent pandemic era and beyond are incomplete, anecdotal evidence suggests Texas remains a go-to spot.

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Southwest Economy

Southwest Economy is published by the Federal Reserve Bank of Dallas. The views expressed are those of the authors and should not be attributed to the Federal Reserve Bank of Dallas or the Federal Reserve System.

Articles may be reprinted on the condition that the source is credited to the Federal Reserve Bank of Dallas.