A comprehensive list of recently added postings on Dallasfed.org.
Subcontracting in Federal Spending: Micro and Macro Implications
This paper studies the critical but underexplored role of subcontracting in shaping the spatial and firm-level effects of federal government spending.
September 22, 2025
Agricultural Survey, Third Quarter 2025
Bankers responding to the third-quarter agriculture survey reported somewhat better conditions across most regions of the Eleventh District.
September 22, 2025
Pandemic and War Inflation: Lessons from the International Experience
This paper examines the drivers of the 2020–23 inflation surge, with an emphasis on the similarities and differences across countries, as well as the role that monetary policy frameworks might have played in shaping central banks’ responses.
September 19, 2025
Texas Employment Forecast, September 19
The Texas Employment Forecast indicates jobs will increase 1.3 percent in 2025, with an 80 percent confidence band of 1.0 to 1.6 percent.
September 19, 2025
Austin Economic Indicators
Austin employment ticked up in July, and the unemployment rate held steady, while wages rose. Home prices continued to decline.
September 17, 2025
Houston Economic Indicators, August 2025
Houston’s economy weakened as employment in the metro area declined an annualized 0.9 percent over the three months ending in July. However, unemployment ticked down slightly as both the size of the labor force and the number of unemployed people declined.
September 10, 2025
Energy Indicators, August 2025
Global oil inventories are expected to grow in 2025 as analysts expect flat demand growth and an increase in OPEC+ production. A majority of Dallas Fed Energy survey firms reported tariffs increased the cost of drilling new wells.
September 8, 2025
Austin doctor who leads equity firm aims to cure U.S. health care
Garheng Kong, a physician by training who founded Austin-based HealthQuest Capital in 2012, discusses his outlook for the industry and why his firm is based in Austin.
September 5, 2025
Are trade deficits good or bad, and can tariffs reduce them?
Typically, trade deficits are viewed through a lens of exports and imports, with the latter exceeding the former. While that is a useful exercise, it’s also helpful to examine deficits through a macroeconomic lens.
September 4, 2025
San Antonio Economic Indicators, August 2025
San Antonio payrolls grew, and the unemployment rate fell in July. Wages registered a strong annual increase.
September 3, 2025