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.
Bridges and borders: Economic policy across North America
This conference organized by the Peterson Institute for International Economics and the Federal Reserve Bank of Dallas examines key policy and economic challenges shaping the future of North American integration, with a focus on labor mobility, remittance flows and cross-border trade.
November 06, 2025
Mexico Economic Update
Mexico’s economy continues growing through second quarter, outlook remains weak
The latest data available were mixed. While output, exports and retail sales grew, industrial production and employment declined. The peso was stable against the dollar, and inflation remained elevated.
October 02, 2025
China expands Mexico investment but notably lags U.S., other G7 economies
China has been the fastest growing source of foreign direct investment (FDI) to Mexico in recent years. Chinese investment has also become a prominent issue in U.S.-Mexico economic relations. However, this FDI remains small compared with U.S. investment in Mexico.
September 26, 2025
China remains modest player in U.S.–Mexico trade despite growing scrutiny
Understanding Mexico’s evolving economic linkages with East Asia and China is critical to the future of the United States–Mexico–Canada Agreement (USMCA trade accord) and the nearshoring and integration of North American manufacturing supply chains.
July 09, 2025
Declining immigration weighs on GDP growth, with little impact on inflation
In Depth: Unauthorized immigration surged sharply in 2021–24 but has since declined abruptly with negative implications for economic growth.
July 08, 2025
Mexico Economic Update
Mexico’s economy shows mixed signals
The latest data available indicated a mixed economic outlook as employment and remittances fell, while output primarily driven by agriculture, industrial production, exports and retail sales grew.
June 20, 2025
U.S. tariff outcomes dependent on trading partner responses
In Depth: U.S. tariff policy has historically shifted among competing goals: providing revenue, protecting domestic markets and opening foreign markets to domestic producers. These goals are unlikely to be achieved simultaneously.
May 13, 2025
Mexico Economic Update
Mexico’s economy continues to decelerate amid worsening economic outlook
The consensus forecast for 2025 real GDP growth (fourth quarter, year over year) compiled by Banco de México fell to 0.5 percent in March. The latest data available indicated a slowing economy.
April 23, 2025
Outlook for North American Trade and Immigration
Tariffs, immigration and nearshoring are the current defining topics for the U.S.–Mexico relationship. The Federal Reserve Bank of Dallas and the Peterson Institute for International Economics hosted this conference on the economic outlook for North America through the lens of these issues.
April 10, 2025
Weighing Texas economic resilience amid tariffs, workforce challenges
Ray Perryman, principal of Waco-based The Perryman Group, has been an observer of the Texas economy for more than four decades. He offers his views of what has propelled Texas since the 1980s oil bust and the state’s future prospects, and he recounts how he grew his economics firm.
March 07, 2025