Dallas Fed Economics Archive
Analysis and insights to enhance your understanding of the economy
January 13, 2022
Jonah Danziger and Anthony Murphy
Did stimulus payments go to—and were they used by—those who needed them the most? The evidence suggests that this was the case.
January 13, 2022
Tyler Atkinson, Evan F. Koenig and Ezra Max
We argue that the policy response to COVID-19 has been broadly on track to date but that continued monetary accommodation (lowering interest rates or purchasing assets) risks fueling excessive inflation.
January 4, 2022
Garrett Golding and Lutz Kilian
High gasoline prices have stimulated interest in what the Biden administration can do to lower the price at the pump.
December 28, 2021
John V. Duca and Anthony Murphy
In the wake of the short but steep COVID-19 recession, house prices have risen at record levels in recent months, hitting the peak increase of 19.3 percent in July 2021.
December 23, 2021
Keith R. Phillips and Judy Teng
Continued growth in the national economy, strong increases in Texas leading indicators and high oil futures prices suggest continued strong job growth for the remainder of the year and into 2022.
December 21, 2021
Michael Plante
A large-scale conversion to electric vehicles (EVs), necessary for a successful transition from fossil fuels, has yet to occur despite dramatic improvements in battery costs and performance over the past decade.
November 30, 2021
Scott Davis and Eric van Wincoop
The amount of leverage—borrowed funds relative to the value of underlying assets—increases for risky holdings during downturns, motivating their ultimate sale to achieve a more secure financial position. The opposite occurs during upswings, as risky assets gain favor.
November 23, 2021
Lutz Kilian and Xiaoqing Zhou
Predictions of $100 per barrel oil during the coming winter have raised fears of persistently high inflation and rising inflation expectations for years to come. However, quantitative analysis suggests that these concerns have been overstated.
November 16, 2021
Emily Kerr and Christopher Slijk
The overall impact on business of the summer and fall wave of the COVID-19 virus infection was more muted than initial surges because firms were better prepared and demand didn’t plunge as it did before, according to respondents to the Dallas Fed’s Texas Business Outlook Surveys.
November 9, 2021
Judy Teng and Christopher Slijk
Regional economic activity accelerated sharply in September and October following a summer and early-fall peak of a COVID-19 wave tied to the Delta variant.