Dallas Fed Economics Archive

• May 21, 2020
  Dallas Fed Mobility and Engagement Index gives insight into COVID-19’s economic impact

  Tyler Atkinson, Jim Dolmas, Christoffer Koch, Evan Koenig, Karel Mertens, Anthony Murphy and Kei-Mu Yi

  To gain insight into the economic impact of the pandemic, we developed an index of mobility and engagement, based on geolocation data collected from a large sample of mobile devices. (Revised June 3, 2020)
• May 19, 2020
  How falling oil prices in early 2020 weakened the U.S. economy

  Lutz Kilian, Michael Plante and Xiaoqing Zhou

  The benchmark West Texas Intermediate (WTI) price of oil dropped by more than half from Jan. 21 to April 3. This oil price decline has weakened rather than strengthened the U.S. economy, making this event different from past episodes of falling oil prices.
• May 15, 2020
  Real-time survey to provide timelier labor market data in era of COVID-19

  Alexander Bick, Adam Blandin and Karel Mertens

  An effective economic policy response to the rapidly evolving coronavirus (COVID-19) crisis requires timely and accurate information on its impact. To help reduce the information gap, we introduce the Real-Time Population Survey.
• May 14, 2020
  Falling oil prices drag down U.S. business investment

  Garrett Golding, Martin Stuermer and Jesse Thompson

  The dramatic decline in the price of oil has led to massive investment reductions by U.S. oil and gas producers.
• May 12, 2020
  Labor economy at greater risk in Texas than U.S. during COVID-19 crisis

  Anil Kumar

  The coronavirus crisis could more adversely affect the Texas economy than the U.S. economy due to the state’s relatively large share of at-risk jobs, a review of data suggests.
• May 7, 2020
  Texas economic activity sharply falls in wake of COVID-19

  Laila Assanie and Chloe Smith

  Virus containment measures have prompted unprecedented declines in demand and triggered mass layoffs, shaking business and consumer confidence.
• May 5, 2020
  Private forecasters’ COVID-19 global growth outlook takes shape

  Enrique Martínez García

  Private forecasters have anticipated since April 2 that the economy would contract for two consecutive quarters, marking a global recession unlike any seen in peacetime.
• April 28, 2020
  Global Perspectives: Tom Hoenig on the costs of COVID-19, modern monetary theory and Fed leadership

  Mark A. Wynne

  Hoenig and Dallas Fed President Rob Kaplan discussed Hoenig’s views on the costs of the current crisis, potential solutions and the elements of effective leadership at the Fed.
• April 16, 2020
  Monetary policy in time of pandemic

  Evan F. Koenig

  Some monetary policy strategies have greater potential than others to mitigate pandemic-related financial strains.
• April 14, 2020
  Emerging-market economies face COVID-19 and a 'sudden stop' in capital flows

  Scott Davis

  A rise in global risk at a time of investor risk aversion led to a rapid flight from emerging-market assets.