MXPE Weekly Essentials

North America needs more migrants, getting goods across Mexico, Sheinbaum’s austerity, and other highlights in Mexican politics, policy, and markets from the past week.

Working-class migrants generate jobs. These aren’t the Google CEOs of the world who rise to great corporate heights; it’s the migrants (often undocumented) without whom the current economic boom in the US’s southern Sun Belt wouldn’t be feasible. At a CityLab conference in Mexico City last week, Mexico’s foreign minister said that at least 8% of US GDP …