A comprehensive list of recently added postings on Dallasfed.org.
Lowest-income workers see accelerated earnings growth during pandemic
In many respects, the pandemic has disproportionately harmed low-income workers. Earnings growth, triggered by labor shortages and high turnover rates, could be a rare exception.
August 8, 2022
Dallas-Fort Worth Economic Indicators, August 2022
The Dallas–Fort Worth economy expanded broadly in June. Payroll employment grew at a 3.2 percent annualized pace, bolstering growth in the Dallas and Fort Worth business-cycle indexes.
August 5, 2022
Austin Economic Indicators
Austin’s economy continued to grow in May, though at a slower pace. The Austin Business-Cycle Index expanded at a moderated rate, as the unemployment rate ticked down to a new low since the pandemic.
August 4, 2022
Signs of slowdown growing in Texas; price pressures ease
The Texas economy continued expanding in June and July, though at a decelerating pace compared with earlier this year.
August 4, 2022
Energy Indicators
Russia increasingly restricting natural gas supplies to Europe over the past year has pushed natural gas prices to stratospheric levels in Europe. The hunt for substitutes amid widespread heat waves is pulling many other energy prices up with it.
August 2, 2022
U.S. likely didn’t slip into recession in early 2022 despite negative GDP growth
Most indicators—particularly those measuring labor markets—provide strong evidence that the U.S. economy did not fall into a recession in the first quarter.
August 2, 2022
Heterogeneity and the Effects of Aggregation on Wage Growth
This paper focuses on the implications of alternative methods of aggregating individual wage data for the behavior of economy-wide wage growth.
August 1, 2022
Flexible Average Inflation Targeting: How Much Is U.S. Monetary Policy Changing?
One major outcome of the Federal Reserve’s 2019–20 framework review was the adoption of a Flexible Average Inflation Targeting (FAIT) strategy in August 2020. Using synthetic control methods, this paper documents that U.S. inflation rose post-FAIT considerably more than predicted had the strategy not changed.
July 30, 2022
PCE Inflation Update, June 2022
The headline, or all-items, PCE price index rose an annualized 12.0 percent in June after increasing an annualized 7.2 percent in May.
July 29, 2022
San Antonio Economic Indicators
Broad measures of the San Antonio economy remained positive in June. Both the business activity and employment grew as the unemployment rate fell.
July 28, 2022