A comprehensive list of recently added postings on Dallasfed.org.
PCE Inflation Update, October 2021
The headline, or all-items, PCE price index rose an annualized 7.8 percent in October after increasing an annualized 4.3 percent in September.
November 24, 2021
El Paso Economic Indicators
Despite slower growth compared with September, the El Paso metro neared its prepandemic economic levels in October.
November 23, 2021
Texas Economic Indicators
The Texas economy continued to expand broadly in October. Employment growth was strong and broad based across sectors, and the unemployment rate dipped further.
November 23, 2021
Limited Impact of Rising Energy Prices on U.S. Inflation, Inflation Expectations in 2020–23
Predictions of $100 per barrel oil during the coming winter have raised fears of persistently high inflation and rising inflation expectations for years to come. However, quantitative analysis suggests that these concerns have been overstated.
November 23, 2021
The Impact of Rising Oil Prices on U.S. Inflation and Inflation Expectations in 2020-23
Predictions of oil prices reaching $100 per barrel during the winter of 2021/22 have raised fears of persistently high inflation and rising inflation expectations for years to come. This paper shows that these concerns have been overstated.
November 19, 2021
Texas Employment Forecast
Texas employment grew at a 3.8 percent annualized rate in October, while the Dallas Fed’s early benchmark for the second quarter resulted in upwardly revised job growth in the first half of 2021 from 3.3 percent to 4.1 percent.
November 19, 2021
Empirical Bayes Control of the False Discovery Exceedance
In sparse large-scale testing problems where the false discovery proportion (FDP) is highly variable, the false discovery exceedance (FDX) provides a valuable alternative to the widely used false discovery rate (FDR). This paper develops an empirical Bayes approach to controlling the FDX.
November 18, 2021
Dallas Fed launches search for president and CEO; search firm hired
The Federal Reserve Bank of Dallas announced it has launched the formal process for hiring a president and CEO for the Bank.
November 17, 2021
Energy Indicators
While oil and gas drilling activity is rising globally, international rig counts remain well below prepandemic levels.
November 16, 2021
Delta surge disrupts Texas firms less than earlier COVID-19 waves, Dallas Fed surveys say
The overall impact on business of the summer and fall wave of the COVID-19 virus infection was more muted than initial surges because firms were better prepared and demand didn’t plunge as it did before, according to respondents to the Dallas Fed’s Texas Business Outlook Surveys.
November 16, 2021