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Texas Economy

Texas Employment Forecast

The Texas Employment Forecast estimates job growth for the calendar year and is calculated as the 12-month change in payroll employment from December to December. The forecast is an average based on four models that incorporate U.S. GDP, U.S. Leading Index, Texas Leading Index, WTI oil prices, COVID-19 fixed effects and COVID-19 hospitalizations.

NOTE: The January 2023 employment forecast will be released Feb. 3, as part of the Texas Economic Outlook 2023.

Contact Information

For more information about the Texas Employment Forecast, contact Luis Torres at luis.torres@dal.frb.org.