A comprehensive list of recently added postings on Dallasfed.org.
Foundational considerations in a changing economy
President Lorie K. Logan offers her views on the evolving economy and how she is continuing to apply foundational considerations to thinking about monetary policy in this new environment.
October 9, 2024
Rising unemployment does not mean recession is inevitable
The sort of increase seen in the U.S. unemployment rate over the past year is an oft-noted predictor of recession. Yet, forecasters currently expect only a modest increase in unemployment with no recession. Is this a reasonable expectation, and if so, how is this unemployment episode different from others?
October 8, 2024
Bankers report declining loan volume despite falling loan prices in October
Loan volume declined in October despite the drop in loan prices, according to banking executives responding to the Banking Conditions Survey.
October 7, 2024
Austin Economic Indicators, October 2024
Austin experienced strong employment growth in August, accompanied by a stable unemployment rate. Home prices and the months’ supply of inventory ticked down.
October 3, 2024
Texas Economic Indicators, September 2024
The Texas economy continued to expand in August. Employment growth strengthened, while the unemployment rate held steady.
October 2, 2024
Houston Economic Indicators, Oct. 2, 2024
Houston’s labor market rebounded in August, but the unemployment rate ticked up to 4.5 percent. Inflation in the metro area increased slightly in August but is still much slower than at the beginning of the year.
October 2, 2024
DFW Economic Indicators, September 2024
The Dallas−Fort Worth economy expanded in August, with employment bouncing back from the declines seen the prior two months. Average hourly earnings held steady but were above year-ago levels.
October 1, 2024
The Postpandemic U.S. Immigration Surge: New Facts and Inflationary Implications
To determine the impact of the postpandemic U.S. immigration surge, the authors first document the salient features of these new immigrants: they are primarily low-skilled relative to the existing workforce and more likely to be hand-to-mouth consumers. They then incorporate these features into a heterogeneous agent model with capital-skill complementarity.
October 1, 2024
San Antonio Economic Indicators, September 2024
San Antonio payrolls grew significantly in August, and wages registered solid growth, while retail sales tax revenue increased slightly.
October 1, 2024
Texas service sector activity strengthens
Texas service sector activity accelerated in September, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, rose to 10.1, the highest level in 13 months.
October 1, 2024