A comprehensive list of recently added postings on Dallasfed.org.
Texas Employment Update, January 2025
December job growth was 3.1 percent in Texas, according to employment data released today by the Texas Workforce Commission and early benchmarked by the Dallas Fed. Job growth in 2024 came in at 1.7 percent (244,000 jobs)—slightly below the state’s long-term average growth of 2.0 percent.
January 24, 2025
Energy Indicators, January 2025
U.S. exports of liquefied natural gas (LNG) are expected to continue to grow further into 2025. From October 2024 through the beginning of this year, U.S. natural gas and heating oil prices remained fairly steady.
January 23, 2025
Local communities gain capacity to improve economic outcomes as they complete Advance Together program
Five years ago, the Dallas Fed launched an innovative approach to helping local communities reduce barriers to economic opportunity. The results from the pilot demonstrate the model's success and lay the groundwork for the next round.
January 22, 2025
Houston Economic Indicators, Jan. 21, 2025
Houston’s payroll employment growth was broad based in November and outpaced both the state and nation over the past three months. However, month-to-month measures of payroll growth have been volatile, and unemployment rose in November.
January 21, 2025
Financial Technology and the 1990s Housing Boom
This paper shows that locations exposed to initial adopters of Freddie Mac’s Loan Prospector system experienced an early housing boom due to a switch to statistically-informed underwriting rules.
January 17, 2025
Climate Risk, Insurance Premiums and the Effects on Mortgage and Credit Outcomes
As climate change exacerbates natural disasters, homeowners’ insurance premiums are rising dramatically. This paper examines the impact of premium increases on borrowers’ mortgage and credit outcomes using new data on home insurance policies for 6.7 million borrowers.
January 16, 2025
The Impact of Labels on Real Asset Valuations
This paper shows that neighborhood labels, frequently used in realtors’ property descriptions, have a causal impact on the demand for housing.
January 15, 2025
Eleventh District Beige Book
The Eleventh District economy continued to expand moderately over the reporting period. Growth resumed in manufacturing output and activity picked up in nonfinancial services and retail. Bank loan volume expanded, and banks reported increased demand for loans despite continued credit tightening.
January 15, 2025
Solar, battery capacity saved the Texas grid last summer; an uncertain future awaits
As ERCOT forecasts accelerated load growth due to anticipated data center construction and electrification trends, the current generation mix and market design should garner increased scrutiny.
January 14, 2025
Up in Smoke: The Impact of Wildfire Pollution on Healthcare Municipal Finance
Wildfire smoke pollution is associated with significantly higher healthcare municipal borrowing costs, amounting to $250 million in realized interest costs for high-smoke counties in 2010–2019, and an estimated $570 million over the following 10 years.
January 9, 2025