A comprehensive list of recently added postings on Dallasfed.org.
San Antonio Economic Indicators, June 2023
San Antonio job growth accelerated as nearly all sectors experienced growth in May, and wages continued to rise but at a slower rate than in the prior month. In addition, the business-cycle rose and existing-home sales increased. However, unemployment went up.
June 23, 2023
Oil and gas activity flat; cost increases continue but moderate
Activity in the oil and gas sector was unchanged in second quarter 2023, according to oil and gas executives responding to the Dallas Fed Energy Survey.
June 22, 2023
Texas economic growth outpaces nation despite persistent downside risks
Texas employment growth advanced in May, continuing to surpass the national average.
June 22, 2023
El Paso Economic Indicators, June 21, 2023
El Paso’s employment grew slightly and its business-cycle index inched up during May.
June 21, 2023
Complementary Currencies and Liquidity: The Case of Coca-Base Money
In coca-growing villages of Colombia, where pesos are scarce, coca-base is not only used as the main input for cocaine production—it also acts as a complementary currency (CC), circulating locally as a medium of exchange for day-to-day transactions. This paper provides a clear rationale for the economically-motivated adoption of a CC in a small open economy underprovided with official currency.
June 21, 2023
EITC increases labor force participation among married Black mothers
Research has shown that the Earned Income Tax Credit, the largest of the U.S. antipoverty programs, boosts labor force participation among single mothers. It does not, in the aggregate, have the same effect on married mothers.
June 21, 2023
Rent inflation remains on track to slow over the coming year
The rental rate for new leases increased about 15 percent in 2021, despite a modest increase in the most commonly watched U.S. inflation gauges. A forecast of rent inflation currently anticipates it slowing to below 6 percent by the end of first quarter 2024.
June 20, 2023
Texas Employment Forecast, June 16
The Texas Employment Forecast indicates that jobs will increase 2.8 percent in 2023, with an 80 percent confidence band of 2.2 to 3.3 percent.
June 16, 2023
Energy Indicators, June 16
Oil prices were affected little by Saudi Arabia’s decision to cut 1 million barrels a day (mb/d) in July. Crude and other liquids inventories in developed nations have been declining over the past year but are expected to rise through the end of 2024.
June 16, 2023
Dallas-Fort Worth Economic Indicators, June 2023
Expansion continued in the DFW economy in April. Employment growth was strong, and the Dallas and Fort Worth business-cycle indexes rose.
June 5, 2023