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Borderplex Economic Outlook: 2005-2007

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Author Info

  • Fullerton, Thomas M., Jr.
  • Tinajero, Roberto

Abstract

Economic conditions remain healthy in the borderplex. That assessment is reflected by growth in output, business receipts, and personal incomes. Greater numbers of jobs allow the El Paso unemployment rate to trend downward as the local labor market strengthens. Although consumer indebtedness remains high, improved income and jobs performance generate additional retail activity, with total sales surpassing $8.3 billion in 2006. Expansion at Fort Bliss causes strong levels of positive net migration and accelerated population growth. That translates into greater volumes of residential construction in all years of the forecast. Because of the decision to allow real water rates to erode for a year or more, aggregate water consumption in El Paso is expected to increase following four consecutive years of declines. The outlooks for Las Cruces, Ciudad Juarez, and Chihuahua City are also relatively favorable.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 29999.

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Date of creation: 05 Nov 2005
Date of revision: 15 Nov 2005
Handle: RePEc:pra:mprapa:29999

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Related research

Keywords: Econometric Forecast; Mexico Border Region;

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Cited by:
  1. Thomas M Fullerton Jr & David A Schauer, 2004. "Short-Run Maquiladora Employment Dynamics," Urban/Regional 0407007, EconWPA.

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