Widening gap between rich and poor poses challenge to U.S.
Economist Jeffrey Fuhrer, a nonresident fellow at the Brookings Institution and former Boston Fed director of research, discusses the nation’s income and wealth gaps and offers proposals to close them. Fuhrer’s recently published book, “The Myth that Made Us,” explores inequalities in the nation’s economic system.
December 13, 2023
State output remains distinctly Texan, while jobs mix increasingly resembles the U.S.
Lore and data have historically suggested that Texas is unlike any other place. Over the past 40 years, change has swept the state. Texas’ employment composition has increasingly come to resemble the entirety of the U.S., more so than even California or New York. But Texas economic output is another story.
November 17, 2023
Southwest Economy, Fourth Quarter 2022
Texas economy rides wave of changing technology and diffusion of know-how
Data on patents and employment show that Texas is a major center of innovation and high-tech employment.
December 22, 2022
Migration to Texas Fills Critical Gaps in Workforce, Human Capital
Continuing to retain working-age Texans and attract new ones from around the country and abroad is vital to maintaining the state’s workforce—its human capital—as baby boomers retire and birth rates decline.
November 29, 2022
Texas birth-rate decline complicates economic growth prospects
Lower birth rates are associated with less growth and a more rapidly aging population and, hence, slower economic expansion.
October 12, 2021
Spanish-Speaking Growth in Texas Reinforces Need to Close Education Gaps
The Eleventh Federal Reserve District has the second-largest native Spanish-language population in the Federal Reserve System. That population will grow further as the number of Hispanics exceeds 20 million in Texas alone by 2050.
August 03, 2021
Global Perspectives: Claudia Aguirre on community development, high school dropouts and immigration
Aguirre and Dallas Fed President Rob Kaplan discussed the origins of BakerRipley, its mission, the problem of high school dropouts and the contributions of immigrants.
May 25, 2021
Without immigration, U.S. economy will struggle to grow
Slowing labor force growth is the product of a number of factors—the aging of the U.S. population, retiring baby boomers and declining birth rates. But another element is immigration.
April 09, 2020
Global Perspectives: Glenn Hubbard on immigration, economic dynamism and limits of monetary policy
Hubbard and Dallas Fed President Rob Kaplan discussed his experiences working in the George W. Bush administration and immigration's impact on the workforce.
October 29, 2019