August 18, 2020
Jesus Cañas, Keith R. Phillips and Carlee Crocker
In this environment where economic conditions change very quickly and can reverse with the spread of the virus, tracking the Texas economy requires a timelier indicator than standard quarterly and monthly economic measures.
August 11, 2020
Emily Kerr and Christopher Slijk
The Dallas Fed’s Texas Business Outlook Surveys (TBOS) show that while recovery continued in some sectors in July, it faltered in others as new COVID-19 cases surged across the state.
August 6, 2020
Christopher Slijk and Keighton Hines
The resurgence of COVID-19 in July appears to have reversed economic gains in Texas that emerged when the virus’ frequency abated in May and June.
August 4, 2020
Tyler Atkinson, Jackson Crawford, Sam Dannels and Andrew Gross
A full recovery to pre-pandemic levels of economic activity appears unlikely until the virus is under control.
July 14, 2020
Joshua Bernstein, Alexander W. Richter and Nathaniel A. Throckmorton
When new businesses are created, they generate new jobs. When unprofitable businesses close, employees lose their jobs. Given the connection between firm entry and exit and changes in employment, it is natural to ask how this entry and exit affects the broader business cycle.
July 9, 2020
Mark A. Wynne
Haley, Perl and Dallas Fed President Rob Kaplan discussed the ongoing pandemic, how best to contain it and prospects for a vaccine.
July 7, 2020
Enrique Martínez-García and Jarod Coulter
Central banks’ experience before and during the 2007–09 Great Recession suggests that they have ample tools to support the economy.
June 30, 2020
Tyler Atkinson, Michael Plante, Alexander W. Richter and Nathaniel A. Throckmorton
If economic developments drive most of the changes in uncertainty—rather than the reverse—then the direct effect of a change in uncertainty on economic activity is much smaller than previous research has shown.
June 23, 2020
Joshua Bernstein, Alexander W. Richter and Nathaniel A. Throckmorton
A staggering 22.03 million initial claims for unemployment benefits were filed from mid-March to mid-April as the COVID-19 pandemic and ensuing stay-at-home policies took hold across the country.
June 18, 2020
Anil Kumar and Judy Teng
The decrease affected all major metro areas, with the steepest drops coming in El Paso, Fort Worth and Austin, followed closely by Houston, San Antonio and Dallas.