A comprehensive list of recently added postings on Dallasfed.org.
Analysis of Multiple Long-Run Relations in Panel Data Models
This paper proposes a novel methodology that filters out the short-run dynamics using sub-sample time averages as deviations from their full-sample counterpart, and estimates the number of long-run relations and their coefficients using eigenvalues and eigenvectors of the pooled covariance matrix of these sub-sample deviations.
June 5, 2025
El Paso Economic Indicators, June 2025
Employment in El Paso expanded in April, and the unemployment rate ticked up. Wages dipped but were still up compared with levels a year ago. Existing-home sales and months of inventory ticked down slightly.
June 5, 2025
Houston Economic Indicators, June 2025
Houston’s labor market expanded modestly in April, with employment increasing an annualized 0.9 percent over the last three months. Unemployment ticked up to 4.4 percent in April.
June 5, 2025
Austin Economic Indicators
Austin employment rose in April, while the unemployment rate increased , and retail sales fell. Housing prices ticked down; however, inventories rose, and housing permits grew.
June 4, 2025
Eleventh District Beige Book
Economic activity in the Eleventh District economy was little changed over the reporting period. Nonfinancial services activity held steady and growth in the manufacturing sector slowed. Loan volumes grew slightly, and the housing market remained subdued. Employment was flat and price pressures held steady except for the tariff-related increases seen in the manufacturing sector. Outlooks generally deteriorated, and tariff uncertainty was making it hard for businesses to plan for the future.
June 4, 2025
Local Labor Markets and Selection into the Teaching Profession
Using administrative data from Texas, this paper tracks individuals from high school through college to the workforce to determine the effects of local labor markets on occupational choice.
June 3, 2025
Opening remarks for Fed Listens
Dallas Fed President Lorie Logan spoke ahead of a Fed Listens roundtable in El Paso, part of an event series to hear from people across the country about how the Fed's monetary policy framework affects businesses and communities.
June 3, 2025
Will AI replace your job? Perhaps not in the next decade
Recent rapid improvements in the capabilities of artificial intelligence have raised concerns about these technologies' impact on employment. The ultimate effects of AI on the workforce will depend on the extent to which AI augments (or complements) rather than automates (or substitutes for) workers' tasks. Will this new technology aid workers or replace them?
June 3, 2025
Opening Remarks for the Eleventh District Banking Conference
Remarks by Emily Greenwald at the Eleventh District Banking Conference, held June 2, 2025.
June 2, 2025
DFW Economic Indicators, May 2025
The Dallas−Fort Worth economy expanded in April as employment grew across most sectors. Retail sales tax collections rose, but home sales and home prices fell.
May 30, 2025