As Wages Rise, Are Black Workers Seeing the Smallest Gains?

July 16, 2019

A recent article argued that black workers have received the smallest earnings gains among various groups since the beginning of the Great Recession. Our analysis suggests otherwise.

Labor Scarcity, Trade Woes Squeeze Texas Business, Survey Finds

July 11, 2019

Businesses face difficulty both trying to hire in a historically tight labor market and navigating tariffs and trade policy uncertainty.

Trade Relationships Affect U.S. Dollar Appreciation’s Impact Across States

July 09, 2019

The value of the U.S. dollar against other currencies has appreciated, making most goods produced in the U.S. more expensive overseas during the past year.

Southwest Economy, Second Quarter 2019

Texas Facing Historically Tight Labor Markets, Constraining Growth

June 21, 2019

Labor force expansion, once fueled by migration, has eased, and businesses report that they cannot find sufficient numbers of workers to expand—particularly for middle-skill positions.

Our President

Robert S. Kaplan

Our People

Recent Additions

Institute Working Papers

Structural Change and Global Trade

Services, which are less traded than goods, rose from 58 percent of world expenditure in 1970 to 79 percent in 2015. In a trade model featuring nonhomothetic preferences and input-output linkages, we find that such structural change has restrained the growth of world trade to GDP by 15 percentage points over this period.

Regional Economy

Texas Employment Forecast

Incorporating June job growth of 3.9 percent and a slight increase in the leading index, the Texas Employment Forecast suggests jobs will grow 2.5 percent this year.

Institute Working Papers

Identifying News Shocks with Forecast Data

The estimated model shows new empirical evidence that technology news shocks are a major source of fluctuations in U.S. output growth.

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Events

08/06/19
Digital Inclusion Summit
Dallas Fed
09/05/19
Global Perspectives with Ruth J. Simmons
Dallas Fed
09/26/19
Forging a New Path in North American Trade and Immigration
Dallas Fed

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In Focus

Technology-Enabled Disruption

This conference, on May 22–23, 2019, focused on technology implications for business, labor markets, education and monetary policy. Participants included, economists, business leaders, central bankers, educators and others.

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Southwest Economy, Second Quarter 2019

The latest issue looks at Texas’ tight labor markets, booming industrial construction and Eleventh District bank performance. It also includes a Spotlight on Mexico’s fiscal reform, a Q&A with Southwest Business Corp.’s Charlie Amato and an infographic on state graduation rates.

Global Perspectives

This speaker series brings thought leaders from the worlds of business and academia to the Dallas Fed to share their insights on global developments.

Janet Yellen—Video
April 10, Houston
Ruth Simmons
Sept. 5, Dallas

Rob Kaplan in the News

Latest Analysis

Economic 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 on Twitter

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