Dallas Fed recent additions

• Texas Economic Indicators

  The Texas economy expanded in November. Employment grew faster than in October, while unemployment remained flat.

  January 5, 2024

• Energy Indicators

  U.S. exports of liquefied natural gas (LNG) are expected to continue to grow into 2024. Global natural gas and heating oil prices are subdued as the winter outlook has moderated, while propane prices are increasing but remain significantly below last year’s levels.

  January 4, 2024

• Strength in consumer spending does not necessarily imply low probability of recession

  Consumption was not a main driver of GDP declines in previous recessions, and a recession is not necessarily preceded by declines in consumer spending.

  January 2, 2024

• Banking Conditions Survey

  Credit standards tightened at a slower pace across all loan types. Loan demand continued to decline, though at the slowest pace since the end of 2022.

  January 2, 2024

• Agricultural Survey

  Bankers responding to the third-quarter survey reported overall weaker conditions across most regions of the Eleventh District.

  January 2, 2024

• Texas service sector activity rebounds

  Growth in Texas service sector activity resumed in December, according to business executives responding to the Texas Service Sector Outlook Survey.

  December 27, 2023

• Texas Manufacturing Outlook Survey

  Texas factory activity stabilized in December after contracting in November, according to business executives responding to the Texas Manufacturing Outlook Survey.

  December 26, 2023

• Texas Employment Forecast

  The Texas Employment Forecast indicates jobs will increase 3.2 percent in 2023, with an 80 percent confidence band of 3.1 to 3.3 percent.

  December 22, 2023

• A Narrative Analysis of Federal Appropriations for Research and Development

  This paper provides a narrative analysis of postwar federal appropriations for the research and development (R&D) activities of the Department of Defense, Department of Energy, National Aeronautics and Space Administration, National Institutes of Health and National Science Foundation—five agencies that consistently account for the vast majority of federal outlays for all types of R&D.

  December 21, 2023

• Texas economic activity, job growth weaken as 2023 closes

  Texas economic growth slowed in the fourth quarter, with job growth falling sharply in October and business activity contracting slightly in November.

  December 21, 2023