A comprehensive list of recently added postings on Dallasfed.org.
Eleventh District Beige Book
The Eleventh District economy continued to expand modestly buoyed by gains in the service sector and single-family housing.
July 12, 2023
Mexico seeks to solidify rank as top U.S. trade partner, push further past China
Mexico's emergence followed fractious U.S. relations with China, which had moved past Canada to claim the top trading spot in 2014. The dynamic changed in 2018 when the U.S. imposed tariffs on China’s goods and with subsequent pandemic-era supply-chain disruptions that altered international trade and investment flows worldwide.
July 11, 2023
Financial Shocks in an Uncertain Economy
This paper focuses on some of the lessons we have learned over the years: (i) uncertainty and tail risk have cyclical variation; (ii) financial shocks can have a significant effect on macroeconomic outcomes; (iii) the impact of shocks is stronger in periods of high volatility.
July 7, 2023
Mexican IT services firm pitches ‘nearshoring’ as alternative to overseas ties
Softek chief executive Beni Lopez discusses the competitive challenges the firm faces in the North American market, where many of the world’s leading tech services firms are based, and the genesis of the company’s nearshoring strategy.
July 7, 2023
Austin Economic Indicators
In March, Austin’s economy experienced strong growth. Employment rebounded from the prior month’s decline, and the business-cycle index increased.
July 6, 2023
Opening remarks at the Panel on Policy Challenges for Central Banks, 2023 annual meeting of the Central Bank Research Association
Dallas Fed President Lorie Logan delivered these remarks at Columbia University in New York, July 6, 2023.
July 6, 2023
Dallas-Fort Worth Economic Indicators
The Dallas–Fort Worth economy expanded in May. Employment growth continued but slowed from April’s brisk pace.
July 5, 2023
Gazing at r-star: Gauging U.S. monetary policy via the natural rate of interest
While estimating r-star is fraught with difficulty, the latest evidence suggests U.S. monetary policy likely turned restrictive at the start of 2023, after the Federal Reserve started raising rates in March 2022.
July 3, 2023
Agricultural Survey
Bankers responding to the second-quarter survey reported overall better conditions across most regions of the Eleventh District.
July 3, 2023
Behind the numbers: PCE inflation update, May 2023
The headline, or all-items, PCE price index rose an annualized 4.5 percent in April after increasing an annualized 1.2 percent in March.
June 30, 2023