Federal Reserve Bank of Dallas
Annual Reports
2017 Annual Report
2016 Annual Report
After the Boom: Texas Economy Downshifts in Energy Bust
While the global oil price collapse has slowed Texas’ economic growth, the state is in a much better position to weather the storm than it was during the 1980s recession and banking crisis. In a series of essays, Dallas Fed economists take an in-depth look at the factors that contributed to the bust and what comes next, including the outlooks for energy, banking, housing and jobs and wages. The report also examines the potential impact of the slowdown in China’s economy on the state’s growth.
- 2015 Annual Report
- Essays
- Introduction—Slow Growth in Texas After Energy and Trade Ebb
- Oil and Gas—The Texas Energy Industry—From Boom to Gloom
- Banks and Lending—Texas Banks Enter This Downturn on Better Footing
- Housing Prices—Will Oil Decline Lead to a House Price Bust?
- Jobs and Wages—Energy Bust Bad News for Job and Wage Growth
- Trade and China—China Slowdown—Little Headwind for Texas
- Letter from the President
- Year in Review
- 2015 Financials
- Bank Leadership
- Acknowledgments
2014 Annual Report
Examinations of the Reserve Bank
- 2014 Financials
Bank Leadership
- Senior Management
- Dallas Board of Directors
- El Paso Board of Directors
- Houston Board of Directors
- San Antonio Board of Directors
- Officers/Senior Staff
The Long-Awaited Housing Recovery
U.S. housing markets experienced a notable boom and a painful bust during the past decade. Most recently, housing began its long-awaited recovery—the subject of the Dallas Fed’s 2013 Annual Report. In three essays, widely recognized housing expert and associate director of research John Duca shares insights on the national and regional markets and the outlook for housing.
Vanquishing Too Big to Fail
The solution for ending "too big to fail" is not bigger government, but smaller, unsubsidized banking institutions governed by the market discipline of creditors at risk of loss.
- Letter from the President
- Vanquishing Too Big to Fail
- Q&A with Richard Fisher on TBTF
- Special Report: Financial Stability: Traditional Banks Pave the Way
- Introduction
- Community Banks Withstand the Storm
- A Lender for Tough Times
- Small Banks Squeezed
- Regulatory Burden Rising
- Leveling the Playing Field
- Year in Review
- Bank Leadership
- Resources
Choosing the Road to Prosperity
Why We Must End Too Big to Fail—Now
The too-big-to-fail institutions that amplified and prolonged the recent financial crisis remain a hindrance to full economic recovery and to the very ideal of American capitalism. It is imperative that we break up the big banks.
- Letter from the President
- Essay: "Choosing the Road to Prosperity"
- Exhibit 3: Employment Plummets as Financial System Implodes
- Year in Review
- Senior Management, Officers and Advisory Councils
- Boards of Directors
- Financial/Audit
Related Content
- Understanding the Risks Inherent in Shadow Banking: A Primer and Practical Lessons Learned Staff Papers, November 2012.
- Break Up the Big Banks: The Key to Economic Prosperity and Improved Financial Stability
- Presentation adapted from 2011 Annual Report
- Summer 2012 Reading List on Too Big to Fail
- "Taming the Too-Big-to-Fails: Will Dodd–Frank Be the Ticket or Is Lap-Band Surgery Required?"
Remarks by Richard W. Fisher before Columbia University's Politics and Business Club, November 15, 2011
- Report in PDF
From Brawn to Brains: How Immigration Works for America
- Report in PDF
Reflections on the Financial Crisis: Where Do We Go From Here?
- Report in PDF
The Financial Crisis: Connecting the Dots
2007 Annual Report
- Opportunity Knocks: Selling Our Services to the World
W. Michael Cox and Richard Alm
2006 Annual Report
- The Best of All Worlds: Globalizing the Knowledge Economy
W. Michael Cox and Richard Alm
2005 Annual Report
- Racing to the Top: How Global Competition Disciplines Public Policy
W. Michael Cox and Richard Alm
2004 Annual Report
- What D'Ya Know? Lifetime Learning in Pursuit of the American Dream
W. Michael Cox and Richard Alm
2003 Annual Report
- A Better Way: Productivity and Reorganization in the American Economy
W. Michael Cox and Richard Alm
2002 Annual Report
- The Fruits of Free Trade
W. Michael Cox and Richard Alm
2001 Annual Report
- Taking Stock in America: Resiliency, Redundancy and Recovery in the U.S. Economy
W. Michael Cox and Richard Alm
2000 Annual Report
- Have a Nice Day! The American Journey to Better Working Conditions
W. Michael Cox and Richard Alm
1999 Annual Report
- The New Paradigm
W. Michael Cox and Richard Alm
1998 Annual Report
- The Right Stuff America's Move to Mass Customization
W. Michael Cox and Richard Alm
1997 Annual Report
- Time Well Spent: The Declining Real Cost of Living in America
W. Michael Cox and Richard Alm
1996 Annual Report
- The Economy at Light Speed: Technology and Growth in the Information Age and Beyond
W. Michael Cox and Richard Alm
1995 Annual Report
- By Our Own Bootstraps: Economic Opportunity and the Dynamics of Income Distribution
W. Michael Cox and Richard Alm
1994 Annual Report
- The Service Sector: Give It Some Respect
W. Michael Cox and Richard Alm
1993 Annual Report
- These Are the Good Old Days: A Report on U.S. Living Standards
W. Michael Cox and Richard Alm
1992 Annual Report
- The Churn: The Paradox of Progress
W. Michael Cox and Richard Alm
1991 Annual Report
- Economic Liberalization in the Americas
John H. Welch and William C. Gruben
1990 Annual Report