Texas economy

Many Texas residents remain skeptical about the reliability of the electric grid since massive dayslong outages in February 2021. Notably, the power supply situation has since improved, with capacity added over the past two years, primarily from solar and a tripling of battery storage capacity.

Given Texas’ strong economic performance compared with the U.S., one might think the state’s small businesses would outperform those nationwide.

Huge volumes of imported shale gas from the United States have provided the ample supply for Mexico’s growing energy needs, keeping power prices down for industries and households.

Texas service sector activity contracted further in October, according to business executives responding to the Texas Service Sector Outlook Survey.

Texas factory activity continued to expand in October, according to business executives responding to the Texas Manufacturing Outlook Survey.

Findings from the Dallas Fed Texas Business Outlook Surveys (TBOS) suggest immigration policy changes will negatively affect the ability to hire and retain foreign-born workers at one in five Texas businesses this year.

Dallas Fed economist Christa Deneault discusses her research examining how teaching certifications earned from for-profit providers stack up against those earned through more conventional means.

The Texas economy expanded in August. Employment growth was strong, though the unemployment rate ticked up slightly and initial unemployment insurance claims were elevated in mid-September. The September Texas Business Outlook Surveys showed continued expansion in manufacturing but contraction in the service sector.