Borderplex Economic Outlook: 2006 – 2008

Thomas Fullerton () and Brian W. Kelley

MPRA Paper from University Library of Munich, Germany

Abstract: A variety of measures such as real output, retail receipts, and personal incomes show how the borderplex economy continues to expand (Table 1). Although employment growth is expected to subside, local labor market strength will be sufficiently robust to hold the El Paso unemployment rate well below its 32-year average of greater than 10 percent. Similarly, even though residential construction activity is expected to moderate slightly, overall housing activity is projected to remain high by historical standards. Expansion at Fort Bliss is the source for much of the heightened business activity as the arrivals of new troops translate into greater demand for housing, retail, and other services. By 2008, more than 13 thousand businesses are expected to be registered in El Paso. Per capita personal income is projected to exceed $26,200 that year. Additional detail obtained from simulations of the UTEP Borderplex Econometric Forecasting Model is presented below for El Paso, Ciudad Juarez, Chihuahua City, and Las Cruces.

Keywords: U.S. - Mexico Border Region; Econometric Forecasts (search for similar items in EconPapers)
JEL-codes: C53 R15 (search for similar items in EconPapers)
Date: 2006-10-11, Revised 2006-10-22
References: View complete reference list from CitEc
Citations:

Published in Business Report SR06-2 2 (2006): pp. 1-23

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/30131/1/MPRA_paper_30131.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:30131

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().