A comprehensive list of recently added postings on Dallasfed.org.
Texas modestly grows with soft landing likely
Texas firms reported below-average output growth to start 2023, while employment and wage gains remained elevated despite indications of a softening labor market.
February 9, 2023
Job vacancy, unemployment relationship clouds ‘soft landing’ prospects
Some economists have argued that because the job vacancy rate has been well above its prepandemic level, there is plenty of room for vacancies to fall before the unemployment rate must rise.
February 7, 2023
Labor Market Effects of Credit Constraints: Evidence from a Natural Experiment
This paper exploits the 1997 and 2003 constitutional amendments in Texas—allowing home equity loans and lines of credit for non-housing purposes—as natural experiments to estimate the effect of easier credit access on the labor market.
February 3, 2023
Dallas-Fort Worth Economic Indicators, February 2023
Dallas–Fort Worth’s economy expanded in December as payroll employment grew and unemployment held steady. Home sales continued to slide, and inventories rose.
February 3, 2023
PCE inflation update
The headline, or all-items, PCE price index rose an annualized 0.6 percent in December after increasing an annualized 1.2 percent in November.
February 3, 2023
Texas Employment Forecast, Feb. 3
The Texas Employment Forecast indicates that jobs will increase 1.4 percent in 2023, with an 80 percent confidence band of 0.7 to 2.2 percent.
February 3, 2023
Texas Economic Outlook 2023
Dallas Fed Vice President and Senior Economist Pia Orrenius released the Dallas Fed's forecast for Texas employment growth for the year and shared details on the factors likely to influence Texas economy in 2023.
February 3, 2023
Austin Economic Indicators, January 2023
In November, Austin’s economy continued to grow as employment increased and the unemployment rate fell. At the same time, Austin’s housing market continued to cool down due to rising mortgage rates that caused both housing sales and median prices to decline.
February 2, 2023
Houston Economic Indicators, Jan. 2023
Houston-area mining jobs and national rig counts are not as reactive to oil prices as they used to be. Houston’s oil and gas jobs still lag behind the state’s and the country’s even as fuel prices tick up—and despite strong employment growth in most sectors.
January 31, 2023
Texas service sector activity rebounds, but outlooks continue to worsen
Texas service sector activity remained mostly flat in December, according to business executives responding to the Texas Service Sector Outlook Survey.
January 31, 2023