A comprehensive list of recently added postings on Dallasfed.org.
Growth resumes in Texas service sector activity, company outlook improves
Texas service sector activity expanded in February after contracting in January, according to business executives responding to the Texas Service Sector Outlook Survey.
February 27, 2024
Texas manufacturing activity stabilizes in February
Texas factory activity stabilized in February after contracting in January, according to business executives responding to the Texas Manufacturing Outlook Survey.
February 26, 2024
The Dual Beveridge Curve
This paper proposes a novel dual vacancy model that segments the labor market into separate search processes for unemployed and employed workers and provides a better fit to the data than traditional models assuming a homogeneous market.
February 21, 2024
Permian Basin Economic Indicators, 4Q 2023
Permian Basin employment and wages rose during fourth quarter 2023, while the unemployment rate fell. The region’s rig count and the price of oil notably declined.
February 20, 2024
Inflation forecasts based on money growth proved accurate in 2021, though generally unreliable
As money demand changes, and in particular as money velocity fluctuates with interest rates, this relationship can become unstable with money growth providing limited useful information for inflation forecasting.
February 20, 2024
Banking Conditions Survey, February 2024
Loan volumes remained stable, with near-equal shares of bankers reporting an increase over the past six weeks as those reporting a decrease.
February 20, 2024
Southern New Mexico Economic Indicators, Q4 2023
Las Cruces’ economy rebounded in fourth quarter 2023 after weakening in the third. Employment grew broadly, and the unemployment rate held steady. Hourly earnings declined in Las Cruces and New Mexico in 2023.
February 15, 2024
Energy Indicators, Feb. 13, 2024
The U.S. rig count declined in 2023, natural gas prices declined, and oil prices held relatively steady. Large oil and gas exploration and production (E&P) firms are turning their attention to acquiring assets in 2024, while small firms are aiming to grow production.
February 13, 2024
Government-funded R&D produces long-term productivity gains
Our estimates indicate that government-funded R&D accounts for roughly one quarter of all business sector productivity growth since World War II, including one quarter of the deceleration in productivity growth since the late 1960s.
February 13, 2024
Economic Inclusion Fireside Chat: Michael Weber and Jeff Fuhrer on an inclusive economy
Michael Weber, an associate professor at the University of Chicago Booth School of Business, and Jeff Fuhrer, a fellow at the Brookings Institution and the Eastern Bank Foundation, provided insight into the importance of thinking about diverse communities in policymaking at the inaugural Economic Inclusion Seminar Series Fireside Chat.
February 12, 2024