Texas economic outlook weakens, price pressures persist
The Texas economy shows continuing signs of softening, as output and employment indicators suggest slower growth relative to the first half of the year.
November 08, 2022
Mounting signs point to a Texas economic slowdown
The most recent jobs report showed state employment was flat in August. The unemployment rate rose slightly to 4.1 percent (from 4.0 percent in July), and labor force and wage growth also eased.
September 29, 2022
Signs of slowdown growing in Texas; price pressures ease
The Texas economy continued expanding in June and July, though at a decelerating pace compared with earlier this year.
August 04, 2022
Texas economy retains strength despite weakening outlooks
Texas’ economic expansion remained solid in May, though the pace of growth decelerated. Employment gains continued to be robust. Manufacturing output growth accelerated, but revenue growth in services slowed.
June 23, 2022
Texas economy strengthens as Omicron fades; costs and wages rise further
The Texas economy, paced by expansion within the service sector, grew strongly in February as the impact of the omicron variant of COVID-19 faded.
March 24, 2022
Pace of Texas economic growth slows as supply-chain, staffing woes persist
The Texas economy continued expanding in December and January, though the pace of growth decelerated relative to the overall fourth-quarter pace.
February 03, 2022
Texas economy grows strongly despite mounting supply-chain woes, worker shortages
Continued growth in the national economy, strong increases in Texas leading indicators and high oil futures prices suggest continued strong job growth for the remainder of the year and into 2022.
December 23, 2021
Texas Economy Grows Rapidly Despite Labor, Supply-Chain Constraints
Regional economic activity accelerated sharply in September and October following a summer and early-fall peak of a COVID-19 wave tied to the Delta variant.
November 09, 2021
Supply-chain woes, labor shortages and COVID-19 slow resilient Texas economy
Regional economic growth has slowed, though it remains robust by historical standards. While demand has improved from year-ago levels, supply-chain disruptions and labor shortages have limited output growth and pushed up wages and prices.
September 30, 2021
Texas economy strongly expands despite supply-chain disruptions, hiring challenges
There has been strong upward pressure on prices and wages, though there were some signs of abatement in July. The hot housing market continued to push up apartment rents, housing prices and construction.
August 05, 2021