A comprehensive list of recently added postings on Dallasfed.org.
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, April 2024
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, May 22, 2024
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
Funding to address broadband gaps in the Eleventh District
This article examines Infrastructure and Investment Jobs Act funding distribution in Texas, Louisiana and New Mexico.
May 20, 2024
Texas Employment Forecast, May 17
The Texas Employment Forecast estimates jobs will increase 2.6 percent in 2024, with an 80 percent confidence band of 2.0 to 3.2 percent.
May 17, 2024
Time-varying Persistence of House Price Growth: The Role of Expectations and Credit Supply
High persistence is a prominent feature of price movements in U.S. housing markets, i.e., house prices grow faster this period if they grew faster last period. This paper provides two additional new insights to the literature on U.S. house price movements.
May 14, 2024
Dallas-Fort Worth Economic Indicators, May 2024
Dallas–Fort Worth economic growth waned in March. Payroll employment and home sales dipped, while unemployment ticked up.
May 14, 2024