A comprehensive list of recently added postings on Dallasfed.org.
Energy Indicators
Oil prices increased in December and early January. Executives responding to the Dallas Fed Energy Survey see West Texas Intermediate crude (WTI) prices staying near to or above breakeven levels for drilling new wells this year and are budgeting based on WTI in the low-to-mid $40s.
January 22, 2021
Real-Time Population Survey (RPS)
The employment rate for working-age adults (18–64) was 68.6 percent in the RPS for the week of Jan.10–16, unchanged from the estimate for the week of Dec. 6–12.
January 22, 2021
How the New Fed Municipal Bond Facility Capped Muni-Treasury Yield Spreads in the COVID-19 Recession
For over two centuries, the municipal bond market has been a source of systemic risk, which returned early in the COVID-19 downturn when borrowing from securities markets became costly for many private and public entities, and some found it difficult to borrow at all.
January 15, 2021
Houston Economic Indicators
Economic indicators for Houston were mixed heading into the end of 2020. Houstonians left home to engage in economic activity less frequently in December, likely due in part to the combined effects of the holidays and the worsening pandemic.
January 13, 2021
The Federal Reserve is updating the Community Reinvestment Act. Here’s how you can help
Whether you are a community-service organization member, an economic development professional or simply interested in helping communities in our region thrive, your comments and ideas are a critical part of ensuring an inclusive financial services industry.
January 13, 2021
Eleventh District Beige Book
The Eleventh District economy expanded at a moderate pace, but activity in most industries remained below normal levels.
January 13, 2021
Pandemic economic lifeline: taxes on consumption, labor that fund stay-at-home subsidies
Stay-at-home subsidies funded by taxes on consumption and labor—activities that contribute to viral transmission—can simultaneously reduce deaths and increase output.
January 12, 2021
Entry and Exit, Unemployment, and the Business Cycle
Establishment entry and exit is strongly correlated with output and unemployment. This paper examines how these linkages affect business cycle dynamics through the lens of a search and matching model augmented to include multi-worker establishments that endogenously enter and exit.
January 12, 2021
Austin Economic Indicators
The Austin economy slowed in November as the Austin Business-Cycle Index decelerated due to an increase in the unemployment rate
January 8, 2021
San Antonio Economic Indicators
In November 2020, the San Antonio Business-Cycle Index contracted following its rebound in October. Overall, the pattern suggests a sharp slowing in the recovery since August.
January 6, 2021