A comprehensive list of recently added postings on Dallasfed.org.
Online retailing, self-employment disrupt inflation
The employment status of increasing numbers of workers has become contingent in recent years—that is, there is greater freelance, or “gig,” employment. This development has coincided over the past two decades with an era of increasing online commerce that provides consumers a wider array of products and services at competitive prices.
April 16, 2019
Globally competitive Texas exports sensitive to U.S. trade policy
Texas, the nation’s largest exporting state, enjoys a strong position in world trade. The state continues to see exports climb, and it exhibits a manufacturing edge in energy-related products and intermediate goods based on an index of comparative advantage.
April 11, 2019
Modern refineries, shale boom upend traditional oil price relationships
Different crude oils can sell for dramatically different prices with sometimes far-reaching effects on the energy industry—from impacts on oil producers’ production decisions to oil refineries’ profit margins.
April 9, 2019
Austin Economic Indicators
The Austin economy grew moderately in February. The Austin Business-Cycle Index expanded but remained below its long-term trend.
April 5, 2019
Texas economic activity stabilizes, but slower job growth is ahead
Output growth in Texas has stabilized after a relatively robust 2018. However, a tight labor market, slowing energy activity and weakening global demand will restrain Texas growth during 2019, an assessment consistent with the Dallas Fed’s outlook for the year.
April 4, 2019
Negative Interest Rate Policy and the Influence of Macroeconomic News on Yields
We consider the influence of domestic and U.S. macroeconomic news surprises on daily bond yields over the January 1999 to January 2018 period for four advanced Negative Interest Rate Policy economies.
April 3, 2019
Estimating Impulse Response Functions When the Shock Series Is Observed
We compare the finite sample performance of a variety of consistent approaches to estimating Impulse Response Functions (IRFs) in a linear setup when the shock of interest is observed.
April 2, 2019
Houston Economic Indicators
Houston job growth, leading and coincident indicators, and oil and fuel prices have improved over the past few months. Mining-related employment continued to grow, and bank lending expanded faster in the region than the nation.
April 2, 2019
Risks abound If China uses debt to stimulate economy from current downturn
The Chinese economy is losing steam. As China considers how to work through its difficulties, its chances of success may depend on how it finances the debt it incurs while attempting to boost economic activity.
April 2, 2019
Agricultural Survey, First Quarter 2019
Bankers responding to the first-quarter survey reported overall weaker conditions across most regions of the Eleventh District.
April 1, 2019