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Texas Economic Outlook 2021

Pandenomics and the Texas Economy: Where Do We Go From Here?

January 29, 2021 Live webcast

Heading into 2021, with COVID cases surging, government aid shrinking but a vaccine on the horizon, how will the Texas economy respond?

The Federal Reserve Bank of Dallas will host its annual Texas Economic Outlook on January 29 virtually. At this event, Keith Phillips, assistant vice president and senior economist, will release the Dallas Fed’s 2021 forecast for Texas employment growth and share more details on the factors likely to influence Texas in 2021. Texas Economic Outlook will provide business and community leaders from across the state of Texas with the most up-to-date economic information to help them make informed business decisions.

There is no cost to attend, but registration is required. We encourage asking questions, and they be can submitted at registration or during the live stream event.

Overview

In March and April of 2020, the Texas economy experienced an unprecedented contraction due to the COVID-19 pandemic. Jobs declined across all sectors and was particularly severe in the high-contact service sectors and later the energy sector. Due to the historically large CARES Act aid package, personal income increased while wages and salaries fell sharply. Throughout the year, consumer spending, loans and rental payments held up well despite high unemployment. Jobs increased beginning in May but slowed sharply following surges in COVID in the summer and fall. Heading into 2021, with COVID cases surging, government aid shrinking but a vaccine on the horizon, how will the Texas economy respond?

When

  • January 29, 2021

Where

  • Live webcast

Registration

  • Register online. Pre-registration is required for event information and to submit questions in advance.

Agenda

Friday, January 29
11:00 a.m. Welcome
11:10 a.m. Pandenomics and the Texas Economy: Where Do We Go From Here?
11:50 a.m. Q&A with Keith Phillips
  • Moderator: Blake Hastings
12:15 p.m. Adjourn

 

For event and registration questions, contact Alfred Breuer.

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