Economist sees easing of border travel restrictions, return of Mexican shoppers by mid-2021
Trade
Sudden change in migrant policy might delay expected boost to cross-border commercial activity, but won't disrupt trade, UTEP's Tom Fullerton says
by: Julian Resendiz
Posted: Feb 11, 2021 / 07:00 PM GMT-0600 / Updated: Feb 11, 2021 / 07:00 PM GMT-0600
EL PASO, Texas (Border Report) – El Paso merchants can expect the gradual return of shoppers from Northern Mexico in the second half of 2021 as border travel restrictions begin to be lifted, a local economist says.
Tom Fullerton, professor of economics and finance at the University of Texas at El Paso, says that will have a positive impact on El Paso’s $13 billion-a-year retail market.
“Loosening those restrictions (will occur) during the third quarter – potentially earlier, but I’m betting on the third quarter, though they may not be completely removed,†Fullerton said Thursday on Zoom.
https://www.borderreport.com/hot-topics/trade/economist-sees-easing-of-border-travel-restrictions-return-of-mexican-shoppers-by-mid-2021/
