A comprehensive list of recently added postings on Dallasfed.org.
Texas Economic Indicators
The Texas economy remained strong in May. Payroll employment increased statewide and in most Texas major metros.
June 23, 2022
Oil and Gas Activity Jumps; Costs Escalate, Supply-Chain Delays Worsen
Activity in the oil and gas sector expanded at a robust pace in second quarter 2022, according to oil and gas executives responding to the Dallas Fed Energy Survey.
June 23, 2022
Texas economy retains strength despite weakening outlooks
Texas’ economic expansion remained solid in May, though the pace of growth decelerated. Employment gains continued to be robust. Manufacturing output growth accelerated, but revenue growth in services slowed.
June 23, 2022
The Impact of Minority Representation at Mortgage Lenders
This paper studies links between the labor market for loan officers and access to mortgage credit.
June 21, 2022
A Robust Test for Weak Instruments for 2SLS with Multiple Endogenous Regressors
This paper develops a test for instrument strength based on the bias of two-stage least squares (2SLS) that (1) generalizes the tests of Stock and Yogo (2005) and Sanderson and Windmeijer (2016) to be robust to heteroskedasticity and autocorrelation, and (2) extends the Montiel Olea and Pflueger (2013) robust test for models with a single endogenous regressor to multiple endogenous regressors.
June 21, 2022
High fuel prices in the U.S. may crimp oil demand soon
If prices climb higher, expect consumers to respond by cutting back on fuel consumption and overall spending sooner than later.
June 21, 2022
Texas Employment Forecast
The Texas Employment Forecast estimates that jobs will increase 4.0 percent in 2022, with an 80 percent confidence band of 3.3 to 4.7 percent.
June 17, 2022
Texas Employment Forecast, Sept. 2022
The Texas Employment Forecast estimates that jobs will increase 4.2 percent in 2022, with an 80 percent confidence band of 3.7 to 4.8 percent.
June 16, 2022
Dallas-Fort Worth Economic Indicators, June 8, 2022
The Dallas–Fort Worth economy expanded robustly in April. Payroll employment grew swiftly, and unemployment remained low, bolstering growth in the Dallas and Fort Worth business-cycle indexes.
June 8, 2022
Houston Economic Indicators
Robust expansion in both the area business-cycle index and index of leading indicators suggests that Houston’s above-trend pace of growth will persist through most of 2022.
June 6, 2022