Mexico shoppers worth billions to area stores
Last year, Mexican nationals spent $2.4 billion shopping in key locations in South and Central Texas, according to a study touted as the first-ever attempt to gauge their economic impact on the regional economy.
That's a nearly 13 percent increase in spending over 2011.
“As many of the locals visit the malls during the various major holiday seasons, it is clearly evident that (Mexican nationals) are spending quite a bit of money shopping,” economist Steve Nivin wrote in the report. “But all this evidence for the San Antonio region to date has been anecdotal.”
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Among the report's key findings: Mexican nationals spent $373,995,201 in Bexar County in 2012, up from $320,663,283 in 2011 and $241,238,841 in 2010. Spending in Bexar ranked fourth after: Hidalgo County, which saw $863,089,738 in 2012 spending; El Paso County, with $445,991,683; and Webb County, at $392,629,269.
More at http://www.mysanantonio.com/news/local_news/article/Mexico-shoppers-worth-billions-to-area-stores-4428805.php .
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