A comprehensive list of recently added postings on Dallasfed.org.
Trimmed Mean PCE, September 2025
The Trimmed Mean PCE inflation rate over the 12 months ending in September was 2.7 percent. According to the BEA, the overall PCE inflation rate was 2.8 percent on a 12-month basis, and the inflation rate for PCE excluding food and energy was 2.8 percent on a 12-month basis.
December 5, 2025
Texas Economic Indicators, November 2025
Growth in the Texas economy appears to be slowing. The November Texas Business Outlook Surveys indicated slight increase in employment and mixed output growth.
December 4, 2025
Eleventh District Beige Book
Economic activity in the Eleventh District weakened slightly over the reporting period. Declines were seen in nonfinancial services, retail, and banking. Weakness continued in the housing market, and energy activity was flat.
November 26, 2025
Weekly Economic Index
The WEI is currently 2.33 percent, scaled to four-quarter GDP growth, for the week ended Nov. 29 and 2.18 percent for Nov. 22.
December 4, 2025
Texas service sector activity retreats slightly
Texas service sector activity contracted in November, though at a slower pace than in October, according to business executives responding to the Texas Service Sector Outlook Survey.
November 25, 2025
Consumption concentration may be up, adding slightly to economic fragility
Analysts have taken notice of the large share of total U.S. spending attributable to the very highest earners. The concerns are that the emergence of K-shaped growth—bifurcated activity at an elevated rate among high earners and much more restrained among most others—may put the U.S. in greater economic peril.
November 25, 2025
Texas Business Outlook Surveys - Special Questions
The Dallas Fed asked a series of special questions in the Texas Business Outlook Surveys on margins, demand, employment and productivity.
November 24, 2025
Texas manufacturing activity accelerates, though employment remains flat
Texas factory activity expanded at a markedly faster pace in November, according to business executives responding to the Texas Manufacturing Outlook Survey.
November 24, 2025
Opening remarks for panel titled ‘Economic uncertainty and the design and conduct of monetary policy’
The relevance of economic uncertainty to monetary policy is both timely and timeless. Timely, because this is a moment of substantial uncertainty about the economic outlook. Timeless, because uncertainty is a pervasive feature of the macroeconomy and monetary policymaking.
November 21, 2025
Expiring solar tax credits shine a light on benefit inequities
The One Big Beautiful Bill Act, a broad package of federal spending and tax policies signed into law in July 2025, spells trouble for the residential solar industry.
November 20, 2025