Texas economy

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.

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

Starting in late 2007, the Federal Reserve, in partnership with a few major foreign central banks, began offering central bank dollar liquidity swap lines as an important liquidity backstop.

Texas factory activity continued to expand in September, albeit at a slower pace, according to business executives responding to the Texas Manufacturing Outlook Survey.

Bankers responding to the third-quarter agriculture survey reported somewhat better conditions across most regions of the Eleventh District.

The Texas Employment Forecast indicates jobs will increase 1.3 percent in 2025, with an 80 percent confidence band of 1.0 to 1.6 percent.