Texas Economic Outlook 2022
Pandenomics and the Resilient Texas Economy
February 03, 2022 Virtual
Dallas Fed Vice President and Senior Economist Pia Orrenius will release the Dallas Fed's forecast for Texas employment growth for the year and share details on the factors likely to influence Texas economy in 2022.
Nearly two years after the COVID-19 pandemic began, Texas has recovered almost all of the 1.4 million jobs it lost.
The arrival of vaccines and the lifting of COVID restrictions in 2021 unleashed economic activity faster than expected. Additional federal government stimulus boosted demand and, in an unexpected twist, the restraints of the virus were replaced by the constraints of broken supply chains and tight labor markets, resulting in rapidly rising prices. House prices also soared, in part driven by the proliferation of remote work and a boost in migration to Texas.
Going into 2022, the Texas recovery has legs, but sustaining the expansion relies on continued robust demand and the easing of supply-side constraints.
- February 3, 2022
11 a.m–noon CT
- Register online. Pre-registration is required for event information and to submit questions in advance.