A comprehensive list of recently added postings on Dallasfed.org.
San Antonio Economic Indicators, July 2024
San Antonio payroll jobs, wages and retail sales tax revenue all increased in June. At the same time, the unemployment rate also rose due to a significant increase in the size of the labor force.
July 25, 2024
Opening remarks for Advance Together: Celebrating the achievements of Texas community partnerships
President Lorie K. Logan emphasizes the importance of community development as a key function of the Federal Reserve and highlights the cross-sector collaborations that have advanced education and workforce development.
July 24, 2024
Texas Employment Forecast, July 22
The Texas Employment Forecast estimates jobs will increase 1.9 percent in 2024, with an 80 percent confidence band of 1.4 to 2.4 percent.
July 22, 2024
Moving up, falling back or staying still: How income mobility in Texas differs by race, ethnicity
This article analyzes how different demographic groups can climb the income ladder and move into higher-income groups.
July 19, 2024
A level playing field for deposit insurance
In remarks at the conference “Exploring Conventional Bank Funding Regimes in an Unconventional World, ” President Lorie K. Logan offers her views on how bank funding models and public policies can support a strong, vibrant and diverse banking system.
July 18, 2024
Energy Indicators, July 17, 2024
Natural gas exports are recovering and poised to rise further. Real power prices are rising—achieving new highs—while the Electric Reliability Council of Texas (ERCOT) eyes the potential for August power outages.
July 17, 2024
Eleventh District Beige Book, July 17, 2024
The Eleventh District economy expanded slightly over the reporting period. Activity grew in the nonfinancial services, finance, and energy sectors. Manufacturing output was flat, while retail sales and home sales declined.
July 17, 2024
Unequal Climate Policy in an Unequal World
This paper characterizes optimal climate policy in an economy with heterogeneous households and non-homothetic preferences. The authors focus on constrained efficiency, where the planner is restricted from transferring resources across households.
July 16, 2024
Running the economy hotter for longer could steepen Phillips curve
In the short run, running the economy hot—with output growth above potential—comes with the cost of additional inflation. But policymakers cannot exploit this relationship forever because inflation expectations won’t remain anchored, as the public comes to expect a higher level of inflation for any given level of output.
July 16, 2024
Houston Economic Indicators, July 2024
Houston’s labor market growth was broad based in May 2024, but slowdowns in top sectors weighed on growth. Employment growth in the metro area is in-line with the nation, and unemployment has been holding steady. Average hourly earnings in Houston ticked up slightly year over year.
July 10, 2024