A comprehensive list of recently added postings on Dallasfed.org.
Normalizing the FOMC’s monetary policy tools
President Lorie K. Logan describes policy considerations for normalizing the Fed’s assets and liabilities.
October 21, 2024
Texas Employment Forecast, Oct. 18
The Texas Employment Forecast estimates jobs will increase 2.5 percent in 2024, with an 80 percent confidence band of 2.3 to 2.7 percent.
October 18, 2024
What Fuels the Volatility of Electricity Prices?
This paper uses emergency outages of coal generators as an exogenous source of variation in the power generation stack to study how changes in marginal fuel affect real-time prices. Contrary to anecdotal evidence, the authors find that wholesale prices are less volatile when natural gas is on the margin more often.
October 15, 2024
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