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.
Southwest Economy
Immigration crackdown likely contributing to weak Texas job growth
Findings from the Dallas Fed Texas Business Outlook Surveys (TBOS) suggest immigration policy changes will negatively affect the ability to hire and retain foreign-born workers at one in five Texas businesses this year.
October 17, 2025
Dallas Fed Economics
Mexico’s economy surprises to the upside, but outlook is weak
The Mexican economy grew during the first half of 2025, surprising analysts who had anticipated a recession. However, the outlook is weak, with the consensus forecast implying economic slowdown during the second half.
October 16, 2025
Dallas Fed Banking
Innovation promises efficiencies in remittances, if regulation can keep up
As payments technologies evolve faster than the rules governing them, understanding both the mechanics and policy trade-offs of cross-border transfers is increasingly important.
October 15, 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
Special Report
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
Speeches and essays
Opening remarks for panel titled ‘Post-Pandemic Challenges for Monetary Policy Implementation’
At the Banco de México’s conference on the future of central banking, President Lorie Logan discussed how central banks can return their assets and liabilities to normal after expanding their balance sheets in response to the pandemic.
August 25, 2025
Special Report
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
Dallas Fed Economics
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
Dallas Fed Economics
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