A listing of the most recent articles on Dallasfed.org related to the selected topic.
Entry, Exit of Firms Amplify the Business Cycle
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 14, 2020
How Falling Oil Prices in Early 2020 Weakened the U.S. Economy
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 19, 2020
Working from Home During a Pandemic: It’s Not for Everyone
Because working remotely can offset the negative effects of shelter-in-place and social distancing policies on employment and earnings, knowing how many workers can do so is crucial to understanding the impact of such measures on our workforce.
April 07, 2020
The Long Road to Housing Finance Reform: 'Are We There Yet?'
Over the past decade, broad-based legislative reforms for housing finance have proven elusive. However, reflecting lessons from the financial crisis, a political consensus has emerged on how Fannie Mae and Freddie Mac should operate.
February 04, 2020
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