A listing of the most recent articles on Dallasfed.org related to the selected topic.
After the Bust, the Long Road to Housing Finance Reform
The Treasury recently released a plan proposing several administrative and legislative changes aimed at returning Fannie Mae and Freddie Mac to the private sector after more than a decade of federal control.
January 14, 2020
Southwest Economy, Fourth Quarter 2019
Gentrification Transforming Neighborhoods in Big Texas Cities
An influx of new, affluent residents has descended on gentrifying neighborhoods around Texas’ four largest cities, while increasing housing costs have led some low-income households and at-risk populations to locate in more suburban areas.
December 30, 2019
What’s Up (or Not Up) with Wages?
This is the third of three articles that talk about the natural rate of unemployment, the unemployment rate that would prevail in a “neutral” labor market after removing all movement due to the business cycle.
November 12, 2019
Texas Economy Still Growing, Though Pace Slows
The regional economy is growing at a slower pace than in recent months, with Texas labor markets remaining tight. Energy activity has declined, and export growth has slowed this year.
November 07, 2019
Labor Market Slack Disappeared by 2016
This is the second of three articles that talk about the natural rate of unemployment, the unemployment rate that would prevail in a “neutral” labor market after removing all movement due to the business cycle.
October 15, 2019
A Natural Approach to Estimating the ‘Natural Rate’ of Unemployment
The unemployment rate is a widely viewed gauge of U.S. labor market slack or tightness. Because of structural changes to the labor market over time, assessments about slack/tightness require a reference point called the “natural rate of unemployment.”
October 08, 2019
Texas Economy Keeps Growing Despite More Pessimistic Outlook
The regional economy is growing at a moderate pace, and labor markets remain tight. However, the outlook among Texas firms has deteriorated due to concern about tariffs, trade policy uncertainty and slowing global growth.
September 26, 2019
Another Benefit of Trimming: Smaller Inflation Revisions
With the Dallas Fed’s Trimmed Mean Personal Consumption Expenditures (PCE) inflation rate, what you see in real time is closer to what you get after revision than is the case with the more conventional measure of core inflation, PCE excluding food and energy.
August 06, 2019
U.S. Tax Cuts Boost Economy—but for How Long?
Did the U.S. tax cuts boost economic activity in 2018? The answer is yes, at least according to the recent empirical literature on the macroeconomic effects of taxes.
June 04, 2019
Room to Grow? Inflation and Labor Market Slack
Compared with the usual ex-food-and-energy measure, the Dallas Fed’s Trimmed Mean PCE inflation rate sends a clearer, more reliable signal about whether cyclical inflation pressures are building.
May 30, 2019
Breakeven Oil Prices Underscore Shale’s Impact on the Market
The oil price that companies need to profitably drill new wells has closely tracked prices for long-dated oil futures in recent years. The emergence of U.S. shale production seems to be playing a large role in anchoring long-term oil prices.
May 21, 2019
Online Retailing, Self-Employment Disrupt Inflation
The employment status of increasing numbers of workers has become contingent in recent years—that is, there is greater freelance, or “gig,” employment. This development has coincided over the past two decades with an era of increasing online commerce that provides consumers a wider array of products and services at competitive prices.
April 16, 2019
Texas Economic Activity Stabilizes, but Slower Job Growth Is Ahead
Output growth in Texas has stabilized after a relatively robust 2018. However, a tight labor market, slowing energy activity and weakening global demand will restrain Texas growth during 2019, an assessment consistent with the Dallas Fed’s outlook for the year.
April 04, 2019
Corporate Debt as a Potential Amplifier in a Slowdown
In his latest essay, posted on Dallas Fed Economics, President Rob Kaplan focuses on trends in corporate debt growth and credit quality in the U.S. and discusses potential implications for economic conditions and financial stability.
March 05, 2019
The Value of Patience
In his latest essay, posted on Dallas Fed Economics, President Rob Kaplan provides his assessment of current economic conditions and implications for monetary policy.
February 05, 2019