A comprehensive list of recently added postings on Dallasfed.org.
San Antonio Economic Indicators
San Antonio payrolls and wages grew in March. Retail sales tax revenue continued to fall on a yearly basis. The unemployment rate remained the same.
May 1, 2025
Energy Indicators
Energy executives surveyed by the Dallas Fed reported an increase in the price of oil needed to justify drilling, as economic uncertainty and planned production increases from OPEC+ nations pushed oil prices down.
May 1, 2025
Weekly Economic Index
The WEI is currently 2..27 percent, scaled to four-quarter GDP growth, for the week ended April 26 and 2.66 percent for April 19.
May 1, 2025
Texas Economic Indicators
The Texas economy expanded in March. Employment and earnings both rose. The April Texas Business Outlook Surveys showed a notable decline in company outlooks.
April 30, 2025
Trimmed Mean PCE inflation rate
The Trimmed Mean PCE inflation rate over the 12 months ending in March was 2.5 percent. According to the BEA, the overall PCE inflation rate was 2.3 percent on a 12-month basis, and the inflation rate for PCE excluding food and energy was 2.6 percent on a 12-month basis.
April 30, 2025
Growth resumes in Texas service sector, but company outlooks deteriorated further
Texas service sector activity grew slightly in April, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, rose three points to 3.8, indicating a small increase in revenue.
April 29, 2025
Texas Manufacturing Outlook Survey
Texas factory activity continued to rise in April. The production index, a key measure of state manufacturing conditions, was largely unchanged. Other measures of manufacturing activity signaled contraction, however.
April 28, 2025
Asset Manager Commonality and Portfolio Similarity
Asset managers are increasingly influential in financial markets. This paper uses new regulatory as well as manually collected data on asset managers of life insurers, the largest institutional investors of corporate bonds, and finds that insurers with the same asset managers have more similar portfolios and trades.
April 25, 2025
Tax Progressivity, Economic Booms and Trickle-Up Economics
This paper proposes a method to decompose changes in the tax structure into orthogonal components measuring the level and progressivity of taxes.
April 24, 2025
Revisiting the Interest Rate Effects of Federal Debt
This paper revisits the relationship between federal debt and interest rates. A common approach in the literature is to regress an expected interest rate on a projection of federal debt. This paper shows that issues related to nonstationarity have become more pronounced over the last 20 years, raising significant concern about the reliability of estimates from this model. The authors argue that estimating the model in first differences rather than in levels addresses these concerns.
April 23, 2025