A comprehensive list of recently added postings on Dallasfed.org.
How New Fed Corporate Bond Programs Dampened the Financial Accelerator in the COVID-19 Recession
A careful splicing of different unemployment rate series enables us to assess the effectiveness of recent Fed interventions in some long-term debt markets over long sample periods, spanning the Great Depression, Great Recession and COVID Recession.
November 18, 2020
Economic activity improves; Mexico’s outlook revised up
The latest data available show industrial production, employment, exports and retail sales increased. The peso gained ground against the dollar in October, while inflation continued at a steady pace.
November 17, 2020
Impact of COVID-19 on small service firms clouds Texas jobs estimates
The 2020 downturn has differed from past recessions in many ways, particularly affecting high-contact service industries that contain a large number of independent businesses with few employees.
November 17, 2020
Banking Conditions Survey
Respondents in the Eleventh District financial sector were given an opportunity to comment on current issues that may be affecting their business.
November 16, 2020
Texas rebound likely slowed by renewed COVID-19 impact on services, retail
Indicative of slowing job expansion, the Texas unemployment rate rose to 8.3 percent in September from 6.8 percent in August and exceeded the national rate (7.9 percent) for the first time since March.
November 12, 2020
Pandemic disproportionately affects women, minority labor force participation
Data showing changes in labor force participation rates for several demographics reveal that women with children, especially Black women, have been disproportionately affected by the pandemic.
November 10, 2020
Trade Integration, Global Value Chains and Capital Accumulation
Motivated by increasing trade and fragmentation of production across countries since World War II, this paper builds a dynamic two-country model featuring sequential, multistage production and capital accumulation.
November 9, 2020
PCE Inflation Update, September 2020
The headline, or all-items, PCE price index rose an annualized 2.0 percent in September after rising an annualized 3.9 percent in August.
November 9, 2020
Austin Economic Indicators
The Austin economy continued to recover in September, although the pace of growth slowed.
November 5, 2020
Houston Economic Indicators
Houston’s recovery from the pandemic progressed further in September and October. Houston continued to add jobs in September, and staffing levels in small firms and mobility and engagement improved in October.
November 4, 2020