A comprehensive list of recently added postings on Dallasfed.org.
Pollution Taxes and Clean Subsidies in an Open Economy
This paper shows that the same conditions that lead to pollution leakage enhance the efficacy of clean subsidies.
August 18, 2025
Permian Basin Economic Indicators
Employment in the Permian Basin grew in the second quarter. Meanwhile, the unemployment rate in the region decreased slightly from the first quarter 2025. Home sales increased, while the median price of homes sold was flat.
August 18, 2025
Banking Conditions Survey
Loan volume and demand increased in August. Loan volume was driven by a sharp acceleration in residential real estate loans, which had contracted in the prior period.
August 18, 2025
Texas Employment Forecast
The Texas Employment Forecast indicates jobs will increase 1.5 percent in 2025, with an 80 percent confidence band of 1.1 to 1.9 percent.
August 15, 2025
Falling rates no assurance of homeowner refinancing binge
When the Fed lowers its benchmark policy rate, the reduction is usually reflected in a variety of consumer finance rates, notably mortgages. However, there are reasons to believe that such a reduction might not prompt an increase in the volume of mortgage refinances and prepayment activity as has historically occurred.
August 14, 2025
Texas Service Sector Outlook Survey: Survey Methodology, Performance and Forecast Accuracy
This paper describes the survey methodology and analyzes the explanatory and predictive power of TSSOS indexes with regard to other measures of state economic activity.
August 13, 2025
Austin Economic Indicators
Austin employment fell in June and the unemployment rate declined, while wages increased. Sales tax receipts slowed in June.
August 13, 2025
Dollar Funding Fragility and Non-U.S. Global Banks
Global non-U.S. banks have significant dollar exposure both on and off their balance sheet. This paper develops a model to analyze their adjustment to dollar funding shocks, whether from reduced direct lending or external dollar shortages.
August 12, 2025
How sensitive are interest rates to higher federal debt?
The U.S. faces a historically high federal debt-to-GDP ratio, a measure of debt relative to economic output. But how sensitive are interest rates to higher debt?
August 12, 2025
Texas economy softens amid uncertain outlook
Texas’ overall pace of economic growth is trending lower, with payroll employment declining in June, a marked turn from robust job gains earlier in 2025.
August 11, 2025