A comprehensive list of recently added postings on Dallasfed.org.
Financial Technology and the Transmission of Monetary Policy: The Role of Social Networks
This paper establishes that social networks play a key role in consumers’ adoption of FinTech lending, which amplifies the effects of a monetary stimulus.
February 14, 2023
Restoring price stability
Dallas Fed President Lorie Logan delivered this address at Prairie View A&M University.
February 14, 2023
Residential solar power shines on, backed by securitized lending
Residential solar is a small and rapidly expanding sector, and the securitization market—the packaging of loans to investors—has been one of the most popular sources of funding for new solar installations.
February 14, 2023
Southern New Mexico Economic Indicators
Southern New Mexico’s economy slowed on many fronts during the fourth quarter. Employment, home listings, cross-border trade and the rig count dropped. However, unemployment continued to decline.
February 10, 2023
Texas modestly grows with soft landing likely
Texas firms reported below-average output growth to start 2023, while employment and wage gains remained elevated despite indications of a softening labor market.
February 9, 2023
Job vacancy, unemployment relationship clouds ‘soft landing’ prospects
Some economists have argued that because the job vacancy rate has been well above its prepandemic level, there is plenty of room for vacancies to fall before the unemployment rate must rise.
February 7, 2023
Labor Market Effects of Credit Constraints: Evidence from a Natural Experiment
This paper exploits the 1997 and 2003 constitutional amendments in Texas—allowing home equity loans and lines of credit for non-housing purposes—as natural experiments to estimate the effect of easier credit access on the labor market.
February 3, 2023
Dallas-Fort Worth Economic Indicators, February 2023
Dallas–Fort Worth’s economy expanded in December as payroll employment grew and unemployment held steady. Home sales continued to slide, and inventories rose.
February 3, 2023
PCE inflation update
The headline, or all-items, PCE price index rose an annualized 0.6 percent in December after increasing an annualized 1.2 percent in November.
February 3, 2023
Texas Employment Forecast, Feb. 3
The Texas Employment Forecast indicates that jobs will increase 1.4 percent in 2023, with an 80 percent confidence band of 0.7 to 2.2 percent.
February 3, 2023