A comprehensive list of recently added postings on Dallasfed.org.
PCE Inflation Update, January 2017
The headline, or all-items, PCE price index rose at a 5.3 percent annualized rate in January. The price index for PCE excluding food and energy rose at a 3.6 percent annualized rate.
March 1, 2017
El Paso Economic Indicators, February 2017
El Paso economic activity expanded modestly in 2016. The metro area created jobs at a 2.5 percent pace, outperforming both the state and nation.
February 23, 2017
The Exchange Rate Effects of Macro News after the Global Financial Crisis
This paper explores whether the exchange rate effects of macro news are time- and state-dependent by analyzing and comparing the relative influence of US and Japanese macro news on the JPY/USD rate before, during, and after the Global Financial Crisis.
February 22, 2017
Assessment of Current Economic Conditions and Implications for Monetary Policy
February 13, 2017
Permian Basin Economic Indicators, February 2017
The Permian Basin labor market stayed relatively stable in December 2016, while all Permian Basin oil indicators continued to push higher in January. Housing inventories are receding, but sales and permits are still flat.
February 8, 2017
Do Sovereign Wealth Funds Dampen the Negative Effects of Commodity Price Volatility?
This paper studies the impact of commodity terms of trade (CToT) volatility on economic growth (and its sources) in a sample of 69 commodity-dependent countries, and assesses the role of Sovereign Wealth Funds (SWFs) and quality of institutions in their long-term growth performance.
February 6, 2017
How Taxes and Required Returns Drove Commercial Real Estate Valuations over the Past Four Decades
This paper documents the evolution of U.S. tax law regarding commercial real estate (CRE) since 1975, noting changes in income and capital gains tax rates and tax depreciation methods.
February 3, 2017
Macroeconomic Uncertainty Through the Lens of Professional Forecasters
This paper analyzes the evolution of macroeconomic uncertainty in the United States, based on the forecast errors of consensus survey forecasts of various economic indicators.
February 3, 2017
Austin Economic Indicators, February 2017
The Austin economy expanded moderately in December. The Austin Business-Cycle Index continued to grow, but at a slower rate, as job growth weakened and the jobless rate inched up.
February 2, 2017
Houston Economic Indicators, January 2017
Improved conditions in the energy industry continue to affirm an increasingly positive outlook for Houston,
although a broad-based recovery remains elusive.
January 30, 2017