Texas Economy’s Rebound Stalls in July after Gains in May, June

August 06, 2020

The resurgence of COVID-19 in July appears to have reversed economic gains in Texas that emerged when the virus’ frequency abated in May and June.

U.S. Economic Rebound Uneven amid Resurgent Local COVID-19 Outbreaks

August 04, 2020

A full recovery to pre-pandemic levels of economic activity appears unlikely until the virus is under control.

Interviews

Bloomberg: Fed’s Kaplan says we have to learn to live with COVID-19

August 03, 2020

Dallas Fed President Robert Kaplan discusses the importance of mask-wearing for economic recovery, as well as monetary policy, the energy sector and more in an interview with Michael McKee on Bloomberg TV.

U.S. Economy

Trimmed Mean PCE Inflation Rate

July 31, 2020

The Trimmed Mean PCE inflation rate over the 12 months ending in June was 1.8 percent. According to the BEA, the overall PCE inflation rate was 0.8 percent on a 12-month basis and the inflation rate for PCE excluding food and energy was 0.9 percent on a 12-month basis.

Our President

Robert S. Kaplan

Our People

Our Commitment to Inclusion

We affirm that Black Lives Matter.

Recent Additions

U.S. Economy

Real-Time Population Survey (RPS)

The employment rate for working-age adults (18–64) was 64.9 percent in the RPS for the week of July 26–Aug. 1, an increase relative to the estimate of 61.7 percent for the week of July 12–18.

Economic Indicators

Austin Economic Indicators

The Austin economy showed signs of improvement in June following the impact of COVID-19. The Austin Business-Cycle Index surged. While employment and the unemployment rate improved in June from May, both remain significantly below their February levels.

U.S. Economy

Weekly Economic Index

The WEI is currently -6.20 percent, scaled to four-quarter GDP growth, for the week ended August 1 and -7.01 percent for July 25.

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Events

08/12/20
Global Perspectives with Marvin E. Odum and Robert S. Kaplan
Live Broadcast
11/05/20
RAISE Texas Virtual Action Summit: The Roadmap to Financial Resiliency
Online
11/20/20
Navigating the Changing Energy Landscape
Houston Branch

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In Focus

Main Street Lending Program

Business loans to help eligible medium-sized and small companies through the COVID-19 pandemic are available now through the Federal Reserve’s Main Street Lending Program.

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COVID-19 Update

At the Dallas Fed, we're working to support the financial health of the people and businesses in the Eleventh District as we deal with this unprecedented crisis.

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Global Perspectives

This speaker series connects global thought leaders and community members for conversation around economic issues.

Marvin E. Odum and Robert S. Kaplan
A special edition of Global Perspectives presented in partnership with Dallas PBS affiliate KERA
August 12, Live broadcast

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Rob Kaplan in the News

Dallas Fed Energy Survey

Activity in the oil and gas sector deteriorated further in second quarter 2020. Special questions focus on production shut-ins and curtailments, government assistance programs to the private sector, the outlook for both oilfield activity and global oil consumption, and the ability of firms to remain solvent over the next year.

Southwest Economy, Second Quarter 2020

This issue looks at small business hardships with lenders and challenges banks face from the oil price collapse during the COVID-19 pandemic. It also includes a Spotlight on the spike in black unemployment rates, a Q&A with Janie Barrera, president and CEO of LiftFund, and an infographic on how COVID-19 has tanked U.S. fuel consumption and prices.

Professional Development: Virtual Educator Summer Series

In this series of videos, educators will learn from Dallas Fed economists about the effects of COVID-19 on the global, national and Texas economy and the monetary and fiscal policies used during the pandemic.

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International House Price Database

The international house price database comprises quarterly house price and personal disposable income (PDI) series for 23 different countries with data since 1975.

Dallas Fed Economics

Economic analysis and insights from the Federal Reserve Bank of Dallas.

Energy Research

The Dallas Fed is a premier source for information on energy economics.

Resources

Dallas Fed Communities

Promoting the economic resilience and mobility of underserved communities.

About the Dallas Fed

As one of twelve regional Reserve Banks in the Federal Reserve System, the Dallas Fed serves the Eleventh Federal Reserve District, which consists of Texas, northern Louisiana and southern New Mexico.

The Eleventh District