The surge of migrants crossing the US border with Mexico and arriving in cities like New York has grabbed all the headlines—including recent news that migrants in NYC are asking for winter coats and bus tickets to Canada, which is welcoming new immigrants as an expansion of its labor force—but a surge in logistics facilities in towns on the southern border with Mexico is a long-term trend that will have a much larger impact on the US economy.

In fact, it's not a stretch to suggest that both of these trends might intersect in the near-future: with many migrants returning to—or staying near—the Mexican border to help fill the growing number of warehouse jobs that are being created in cities like Laredo, El Paso and San Diego, as well as Tijuana and Tucson, facilities that will need a growing workforce for years to come as labor shortages are expected to persist.

The reshoring of manufacturing and supply chains from Asia—which got a big shout-out from President Biden in his State of the Union Address on Tuesday—is creating a surge in new manufacturing facilities in Mexico, which in turn is fueling development of new and expanded industrial space in border towns.