By understanding Mexico and its economy, we can better understand our own economy. Learn about this unique and dynamic relationship with research from the Dallas Fed.
Special Report
USMCA trade outlook matters for the U.S., not just for Canada and Mexico
While the overall impact on the U.S. of a redrawn regional trade agreement with Mexico and Canada appears modest in most plausible scenarios, policies promoting regionalization differ sharply in their impacts.
August 26, 2026
Mexico Economic Update
Mexican economy gains momentum
Mexico's economy expanded in the second quarter. According to preliminary estimates, GDP grew 6.1 percent annualized quarter over quarter, up from a 2.4 percent contraction in Q1.
August 06, 2026
Working Paper
Subnational Bilateral Remittance Flows in the U.S.-Mexico Corridor: A Multi-Source Imputation and Validation
This paper exploits bilateral remittance flows between U.S. and Mexican states during 2013–25 to construct and validate a multi-source origin–destination framework linking Banco de México’s U.S.-state outflows with Mexican state-level receipts.
August 03, 2026
Mexico Economic Update
Mexican economy gains some momentum
Mexico’s monthly GDP estimate increased in April, following an annualized 2.4 percent contraction in output in the first quarter of 2026.
June 26, 2026
Southwest Economy
Trader remains bullish on cattle despite economic, contagion threats
Leslie Callahan, a co-founder and principal of cattle trading firm Crossroads Cattle, discusses the reasons behind record-high beef prices and challenges facing the industry.
May 20, 2026
Southwest Economy
Ranchers herd it all as fewer cattle pressure beef prices; screwworm lurks
Texas cattle ranchers typically benefit from an increase in beef prices, but more recently, the reemergence of the flesh-eating New World screwworm parasite threatens the beef industry.
May 20, 2026
Dallas Fed Economics
Mexico gains from U.S.-China trade war; inefficiencies limit benefit
A sequence of major economic and geopolitical events has reshaped the structure of global trade in the past decade. It began with U.S. imposition of tariffs on Chinese goods in 2018. The postpandemic followed with widespread disruption to global value chains—the process of manufacturing a product in stages across several countries.
May 12, 2026
Mexico Economic Update
Mexico’s economy contracts in first quarter
Mexico’s GDP fell an annualized 3.2 percent in the first quarter of 2026, according to official preliminary estimates.
May 07, 2026
Southwest Economy
Ciudad Juarez retools amid job losses
Ciudad Juarez, across the Rio Grande from El Paso, lost nearly one-fifth of its manufacturing jobs over a two-year period. The decline reflects the city’s move into higher value-added, less labor-intensive production of electronics and hardware demanded for the U.S.’s burgeoning data center build-out.
April 08, 2026
Mexico Economic Update
Mexican economy weakens at the start of 2026
Mexico’s monthly proxy for GDP fell 0.9 percent in January after the economy expanded an upwardly revised 1.8 percent in 2025.
March 23, 2026