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Articles and Analysis

  • Shreveport works to plug 'brain drain'

    President Lorie Logan's 360° in 365 Listening Tour is taking her to communities all around the Eleventh Federal Reserve District during her first year at the Dallas Fed. The tour is helping deepen her understanding of the region’s people and economy by adding color and perspective that go beyond official statistics.

  • Mexico seeks to solidify rank as top U.S. trade partner, push further past China

    Mexico's emergence followed fractious U.S. relations with China, which had moved past Canada to claim the top trading spot in 2014. The dynamic changed in 2018 when the U.S. imposed tariffs on China’s goods and with subsequent pandemic-era supply-chain disruptions that altered international trade and investment flows worldwide.

  • 360 in 365 Tour

    Corpus Christi’s export hub is about to get busier

    During her first year at the Dallas Fed, President Lorie Logan is visiting communities all around the Eleventh Federal Reserve District.

  • Mexico awaits ‘nearshoring’ shift as China boosts its direct investment

    When it comes to trading goods with the United States, Mexico would appear a logical sourcing alternative to China. Before the pandemic, increasing friction between the U.S. and China—the top supplier of goods imports to the U.S. in 2019—contributed to an anticipated “nearshoring” shift among companies dependent on Asia.

  • Globalization Institute Working Paper

    On the Distributional Effects of International Tariffs

    This paper provides a quantitative analysis of the distributional effects of the 2018 increase in tariffs by the U.S. and its major trading partners.

  • Capital flowed from emerging markets as pandemic, economic cycle took hold

    Fluctuations in the global financial cycle, reflecting impacts from the COVID crisis, account for roughly one-third of the movement in emerging-market inflows during 2020–23.

  • Trade diversion has helped ease the impact of the embargo on Russian oil

    Much has been made about the effect of Russia’s invasion of Ukraine on the price of oil. However, the price of oil was already drifting upward well before the invasion in late February 2022.

  • Southwest Economy, Third Quarter 2022

    Maquiladoras, Mexico’s engine of trade, driven to navigate evolving demand

    Mexico’s maquiladoras, an important generator of manufacturing and employment activity along the U.S.–Mexico border, confront a changing landscape. Evolving global trade patterns, reflecting stressed supply chains and increasing electric vehicle production, will test maquiladora agility and growth prospects.

  • Southwest Economy, Third Quarter 2022

    Supply chains slowly mend as Texas firms view recovery in 2023

    Since the COVID-19 pandemic began in early 2020, disrupted global supply chains have strained Texas businesses trying to meet strong demand.

  • Southwest Economy, Third Quarter 2022

    Globalization remains a force despite pandemic, political strains

    Pol Antràs, the Robert G. Ory Professor of Economics at Harvard University, discusses international trade flows and what the evidence suggests about the world economy and the accompanying debate about whether an era of deglobalization may be at hand.