March 8, 2018
The Perryman Group, based in Waco, TX, recently completed an in-depth study of the 2,000-mile, 10-state region along the US-Mexican border. The preliminary report includes interesting facts, such as:
- If the border area were a single country, it would represent one of the five largest economies in the world.
- The Mexican population is younger, with a median age of 27, versus 28 in the US.
- Both nations are approaching, or are at, full employment, though the US has a higher labor participation rate.
- There are 48 border crossings between the US and Mexico (in California, Arizona, New Mexico, and Texas.
The overview noted the strong ties between both nations, that were centuries in the making. “This symbiotic relationship is often not well understood, especially in areas distant from the border,” the overview pointed out, perhaps as a subtle dig at political rhetoric. “It is an integral part of the economies of both the United States and Mexico.”
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