A comprehensive list of recently added postings on Dallasfed.org.
Growth resumes in Texas service sector, but outlooks continue to worsen
Growth in the Texas service sector expanded in May after activity stalled 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, increased from 0.3 to 6.7, a reading suggestive of an increase in activity.
May 29, 2024
Texas Manufacturing Outlook Survey
Texas factory activity edged down in May, according to business executives responding to the Texas Manufacturing Outlook Survey.
May 28, 2024
Persistence of house-price growth highlights geographic, credit factors
Growth in house prices is highly persistent and therefore more predictable than that of other assets, such as stocks.
May 28, 2024
Permian Basin Economic Indicators
Permian Basin employment fell during first quarter 2024, and the unemployment rate rose. The region’s rig count increased slightly, while the price of oil notably shot up.
May 24, 2024
Strong peso, stubborn inflation cloud Mexico’s 2024 growth prospects
Mexican economic performance is likely to slow in 2024, with stubborn inflation, rising labor costs and a strong peso posing downside risks. Conversely, nearshoring and a larger-than-expected fiscal impact could bolster the Mexican outlook.
May 24, 2024
Income disparities between white and Hispanic and Black Texans seen from 2005 to 2019
In the United States, a great deal of research has documented income disparities across racial and ethnic groups over time. If left unaddressed, those disparities could act as a headwind to future economic growth, especially given the country’s increasingly diverse population.
May 23, 2024
San Antonio Economic Indicators
San Antonio payroll job growth picked up in April, unemployment ticked down, and retail sales tax revenue rose sharply . In addition, wages declined in April, and home sales declined in March.
May 23, 2024
El Paso Economic Indicators
El Paso job growth in April increased, while the unemployment rate declined. In addition, retail sales tax revenue decreased, and U.S. industrial production remained unchanged. Auto production decreased, but sales increased.
May 22, 2024
Swap lines curbed global dollar shortages, appreciation during COVID-19 crisis
During the initial weeks of the COVID-19 crisis, imbalances in the offshore dollar funding market led to safe-haven appreciation of the dollar. Fed swap lines between the U.S. central bank and counterparts abroad addressed these imbalances, subsequently helping reduce the cost of offshore dollar borrowing, reversing dollar appreciation and providing liquidity.
May 21, 2024
Podcast: Lagging productivity gains restrain Mexico’s economic prospects
Dallas Fed economists Sewon Hur and Pia Orrenius discuss how improving productivity could propel Mexico beyond the ranks of middle-income nations.
May 20, 2024