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.
May 25, 2023
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.
April 14, 2023
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.
March 29, 2023
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.
March 07, 2023
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.
February 21, 2023
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.
October 03, 2022
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.
October 03, 2022
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.
October 03, 2022
Southwest Economy, Third Quarter 2022
Texas exports reach new record despite strong dollar
Texas remains the nation’s top exporter, setting records each month despite the recent appreciation of the dollar. A strong dollar can be bad for business because it makes U.S. goods more expensive overseas.
October 03, 2022
Research Department Working Papers
Uncertainty, Stock Prices and Debt Structure: Evidence from the U.S.-China Trade War
Using the recent U.S.-China trade war as a laboratory, this paper shows that policy uncertainty shocks have a significant impact on stock prices.
August 19, 2022