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Borderplex Economic Outlook: 2005-2007

Author

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  • 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.

Suggested Citation

  • Fullerton, Thomas M., Jr. & Tinajero, Roberto, 2005. "Borderplex Economic Outlook: 2005-2007," MPRA Paper 29999, University Library of Munich, Germany, revised 15 Nov 2005.
    • Handle: RePEc:pra:mprapa:29999
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    File URL: https://mpra.ub.uni-muenchen.de/29999/1/MPRA_paper_29999.pdf
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    Citations

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    Cited by:

    1. Thomas Fullerton & David Schauer, 2001. "Short-run maquiladora employment dynamics," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 7(4), pages 471-478, November.
    2. Thomas M. Fullerton Jr. & Angel L. Molina Jr & Adam G. Walke, 2013. "Tolls, exchange rates, and northbound international bridge traffic from Mexico," Regional Science Policy & Practice, Wiley Blackwell, vol. 5(3), pages 305-321, August.
    3. Adam G. Walke & Thomas M. Fullerton Jr., 2019. "Metropolitan Hotel Sector Forecast Accuracy in El Paso," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 47(2), pages 179-191, June.
    4. Keighton R. Allen & Thomas M. Fullerton, 2019. "Metropolitan Evidence Regarding Small Commercial and Industrial Electricity Consumption," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 1-11.
    5. Thomas M. Fullerton & Ericka C. M ndez-Carrillo & Adam G. Walke, 2014. "Electricity Demand in a Northern Mexico Metropolitan Economy," International Journal of Energy Economics and Policy, Econjournals, vol. 4(4), pages 495-505.
    6. Fullerton, Thomas Jr. & Laaksonen, Mika M. & West, Carol T., 2001. "Regional multi-family housing start forecast accuracy," International Journal of Forecasting, Elsevier, vol. 17(2), pages 171-180.

    More about this item

    Keywords

    Econometric Forecast; Mexico Border Region;

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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