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Highlighting the dynamic economy of Texas, northern Louisiana and southern New Mexico

Isabel Brizuela and Ethan Dixon

The Texas labor market showed signs of increasing momentum in early 2026, with employment growing 1.7 percent during the first quarter after a sluggish 2025.

Leslie Callahan, a co-founder and principal of cattle trading firm Crossroads Cattle, discusses the reasons behind record-high beef prices and challenges facing the industry.

Ethan Dixon and Mariam Yousuf

Texas cattle ranchers typically benefit from an increase in beef prices, but more recently, the reemergence of the flesh-eating New World screwworm parasite threatens the beef industry.

Kristof Csaky, JR Garcia and Ozge Ozden

Eleventh District banks, benefitting from steady profits, strong credit conditions and improving bank capital levels, are well positioned to compete in a changing regulatory environment.

Mariam Yousuf

Home insurance premiums have risen dramatically in the postpandemic years, with the median Texas homeowner paying 60 percent more for home insurance in 2024 compared with 2019, American Community Survey data show.

Gary Hoover, author of "Ladder or Lottery: Economic Promises and the Reality of Who Gets Ahead," discusses why some people who follow the rules for getting ahead instead fall behind.

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Southwest Economy

Southwest Economy is published by the Federal Reserve Bank of Dallas. The views expressed are those of the authors and should not be attributed to the Federal Reserve Bank of Dallas or the Federal Reserve System.

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