Southwest Economy, Third Quarter 2021
Third Quarter 2021
- Once-Oil-Dependent Texas
Economy to Keep Growing as
Renewable Energy Expands
Christopher Slijk and Keith R. Phillips
The negative environmental impacts of global warming have motivated the beginnings of a global transition from traditional fossil fuels to renewable energy.
- Federal Support Keeps State Budgets
(Including Texas’) Healthy amid Tumult from COVID-19-Induced Economic Ills
An unprecedented federal fiscal response to the COVID-19-induced recession in early 2020 helped prop up state government finances even among states whose tax and finance structures put them at particular risk during a downturn. A variety of programs helped individuals, firms and jurisdictions avoid what some feared would be a catastrophic collapse.
- Technology Displaced Workers in Pandemic; Retraining Must Expand
On the Record: A Conversation with Tamar Jacoby
Tamar Jacoby, president of Opportunity America, discusses the pandemic, worker mobility and job training..
- Spotlight: Missteps Along U.S.–Mexico Border Hinder Movement of COVID-19 Biomedical Trade
Keighton Hines and Roberto Coronado
While most activity in the Paso del Norte region is concentrated in automotive parts and electronic components, a cluster of biomedical manufacturers has emerged in Juárez in recent years.
- Go Figure: Birth Rates Falling Faster in Texas than U.S.
Design: Olumide Eseyin; Content: James Lee, Pia Orrenius, Ana Pranger
Although birth rates in Texas remain higher than in the U.S., their decline since 2007 has been particularly noteworthy.
- Snapshot: U.S. Recessions Test Latino Advances
Deep holes in the pandemic safety net further imperiled Latino progress in 2020 and almost surely will in 2021 as well.
- President’s Perspective
Robert S. Kaplan
Southwest Economy is published quarterly by the Federal Reserve Bank of Dallas. The views expressed are those of the authors and should not be attributed to the Federal Reserve Bank of Dallas or the Federal Reserve System.
Articles may be reprinted on the condition that the source is credited to the Federal Reserve Bank of Dallas.
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