The average per capita income of the four cities in 2002 was only $17,222, compared to $29,039 in Texas and $33,178 in the four large Texas Triangle metros. [DFW-Houston-San Antonio-Austin]And for those who didn't know, maquiladoras is the name for manufacturing plants just across the border.
Saturday, April 02, 2005
A recent report by the Dallas Fed describes a couple interesting things. First, border town pairs between Texas and Mexico bring fairly significant benefits to the town on the Mexican side of the border, despite relatively high unemployment (due in part to the migration of workers from interior Mexico to the border town). But the pair on this side of the border does not experience the same rate of benefits.