A comprehensive list of recently added postings on Dallasfed.org.
Texas Economic Indicators, August 2024
The Texas economy saw payroll employment contract for a second straight month in July, and initial unemployment claims rose, partly due to Hurricane Beryl.
August 22, 2024
San Antonio Economic Indicators, August 2024
San Antonio payrolls grew slightly, and wages registered solid growth in July, while retail sales tax revenue slightly decreased.
August 22, 2024
Xtpb: The Pooled Bewley Estimator of Long Run Relationships in Dynamic Heterogeneous Panels
This paper introduces a new Stata command, xtpb, that implements the Chudik, Pesaran and Smith (2023) Pooled Bewley (PB) estimator of long-run relationships in dynamic heterogeneous panel-data models.
August 20, 2024
Evolving leveraged loan covenants may pose novel transmission risk
An evolving change affecting the expanding, highly leveraged corporate loan sector may impact how the economy responds to adverse shocks.
August 20, 2024
Bankers report flat loan volume and unchanged loan prices in August
Loan volumes were flat in August after increasing in the prior two periods, according to banking executives responding to the Banking Conditions Survey.
August 19, 2024
Texas Employment Forecast, Aug. 16
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.
August 16, 2024
Texas community banks grapple with national stresses as elevated rates pose new tests
Despite community banks’ relative strength in Texas, the outlook through year-end 2024 comes with evolving downside risks, particularly involving unrealized losses on fixed-income holdings.
August 14, 2024
Mexico’s economy softens in the second quarter
Mexico’s economic activity slowed in the second quarter of 2024, missing market expectations. GDP slowed to an annualized 0.8 percent growth from 1.1 percent the previous quarter due to a loss of momentum in services and an extended contraction in the agricultural sector.
August 14, 2024
How the U.S. might outgrow pandemic-era housing (un)affordability problems
A review of market-based and private forecasters’ expectations suggests that U.S. housing may be at an inflection point. U.S. income growth and, more broadly, the robust U.S. labor market will likely help wring out pandemic-era excesses that led to rapidly deteriorating affordability.
August 13, 2024
Houston Economic Indicators, August 2024
Houston’s labor market grew on trend in second quarter 2024 despite soft June data, and the unemployment rate ticked up. Initial unemployment insurance claims spiked following Hurricane Beryl.
August 12, 2024