In 1993, the Arizona-Mexico Commission and its sister organization, the Comisión Sonora-Arizona, initiated a binational strategic economic planning process to analyze how the two neighboring states could increase their regional competitiveness in the world economy and enhance the overall quality of life for their residents. One of the recommendations of the Strategic Economic Development Vision was to develop a set of indicators as a tool to monitor progress toward the goals of binational economic development. The purpose of the Regional Economic Indicators is to help policy and decision-makers understand and monitor economic changes in the Arizona-Sonora region and to support policies that promote economic transformation, investment and entrepreneurship in the region.

Published monthly, Mexico Consensus Economic Forecast offers a comprehensive outlook for the Mexican economy; covering 12 macroeconomic variables over a 2 year forecast horizon. Forecasts are provided by leading economists whose individual views are shown together with the average (mean) forecast. In addition, our analysis includes 6 years of historical data for these same variables as well as written analysis, charts and sentiment indicators.

The study had three main goals: (1) to assess the vulnerability of groundwater-dependent agriculture to climate variability, (2) to identify historical and current processes of adaptation to the vagaries of climate in the region— these refer to both system wide adaptations and individual farmer’s adaptations, and, (3) to assess the use of and needs for seasonal climate forecast information in agricultural decision making. The report is targeted at institutional stakeholders (i.e., agricultural extension personnel), physical scientists (particularly climatologists), and policymakers (at the level of NOAA and other federal agencies). Specific recommendations are made to these groups in order to improve the delivery of seasonal forecasts, set research priorities, and inform public policy.