A comprehensive list of recently added postings on Dallasfed.org.
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
Texas manufacturing activity slips in September, but production expectations remain solid
Texas factory activity fell modestly in September, according to business executives responding to the Texas Manufacturing Outlook Survey.
September 30, 2024
No need for Texas to come up dry in pursuit of adequate water supplies
Sheila Olmstead, professor at the Jeb E. Brooks School of Public Policy at Cornell University, discusses the competing demands for water in Texas and the challenges that growth poses.
September 30, 2024
El Paso Economic Indicators
El Paso job growth picked up in August, and the unemployment rate increased slightly.
September 27, 2024
Permian Basin Economic Indicators, 2Q 2024
In the Permian Basin both employment and wages fell in the second quarter. Oil prices declined slightly during the quarter, while oil production increased even with fewer rigs.
September 26, 2024
Texas posts job gains in August, bolstering outlook despite signs of slowing
The Texas economic expansion continued in August despite some signs of slowing. Employment growth strengthened, rebounding from weakness in the prior two months.
September 26, 2024
The Contribution of Foreign Holdings of U.S. Treasury Securities to the U.S. Long-Term Interest Rate: An Empirical Investigation of the Impact of the Zero Lower Bound
This paper finds empirical evidence of a possible structural break in the relationship between the foreign holdings of U.S. Treasury securities and the U.S. long-term interest rate occurring at the time when U.S. monetary policy became constrained at the zero-lower bound (ZLB).
September 25, 2024
Oil and gas activity edges lower as outlooks dim, uncertainty rises
Activity in the oil and gas sector declined slightly in third quarter 2024, according to oil and gas executives responding to the Dallas Fed Energy Survey.
September 25, 2024