Economic Updates - Federal Reserve Bank of Dallas http://www.dallasfed.org/rss/ en-us http://www.dallasfed.org/ Dallas Fed Logo http://www.dallasfed.org/~/media/Images/img/logo_gray http://www.dallasfed.org/rss/ Mexico's Output Growth Slows in the Fourth Quarter https://www.dallasfed.org:443/research/update/mex/2019/1901 Fri, 08 Feb 2019 11:40:00 EST Mexico’s economy grew an annualized 1.2 percent in fourth quarter 2018 after expanding 3.4 percent in the third quarter. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2019/aus1902 Thu, 07 Feb 2019 15:02:00 EST The Austin economy expanded at a healthy pace in December. The Austin Business-Cycle Index accelerated and remained above its long-term trend. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2019/en1902 Tue, 05 Feb 2019 14:59:00 EST Crude oil prices rebounded somewhat in January from end-of-year levels, but the rig count slipped on earlier price declines. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/2019/pb1901 Wed, 30 Jan 2019 16:16:00 EST In 2018, Permian Basin employment grew 7.5 percent, well above Texas' job growth of 2.4 percent. However, area job growth fell in the last quarter, and the unemployment rate inched up to 2.5 percent in December. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2019/hou1902 Mon, 28 Jan 2019 15:47:00 EST Growth in Houston leading and coincident economic indicators weakened in December. Job growth slowed, but the local labor force expanded. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/2019/ep1902 Fri, 25 Jan 2019 13:21:00 EST El Paso jobs grew 1.5 percent in 2018, on pace with the metro’s long-term average. Steady job gains have boosted the business-cycle index. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/2019/dfw1901 Thu, 24 Jan 2019 12:05:00 EST The Dallas–Fort Worth economy ended 2018 on a solid note. Employment growth was robust in December, with DFW adding jobs at its fastest pace in 13 months, and unemployment remained near multiyear lows. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/2019/sa1902 Thu, 24 Jan 2019 13:53:00 EST Growth in the San Antonio economy was soft in December. The San Antonio Business-Cycle Index decelerated, and the unemployment rate increased. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/2019/tei1901 Tue, 22 Jan 2019 15:48:00 EST Texas economic indicators were mixed in December. The state finished 2018 with strong job growth and continued labor market tightness, but forward-looking indicators suggest that the state’s economic outlook has softened. Texas Employment Forecast https://www.dallasfed.org:443/research/forecast/2019/emp190118 Fri, 18 Jan 2019 13:41:00 EST Incorporating December job growth of 2.5 percent and a decline in the Texas Leading Index, the Texas Employment Forecast suggests jobs will grow 1.1 percent this year (December/December), with an 80 percent confidence band of -0.5 to 2.7 percent. Texas Economic Outlook https://www.dallasfed.org:443/research/events/2019/19outlook Fri, 18 Jan 2019 12:41:00 EST Dallas Fed assistant vice president and senior economist Keith Phillips gives his outlook for the Texas economy in 2019. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2019/en1901 Thu, 17 Jan 2019 16:43:00 EST Oil sector growth cooled at the end of 2018, and lower oil prices eroded expectations for capital spending in 2019. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2019/aus1901 Thu, 10 Jan 2019 14:56:00 EST The Austin economy grew at a strong pace in November. The Austin Business-Cycle Index expanded and remained above its long-term trend. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2019/hou1901 Wed, 09 Jan 2019 13:43:00 EST Houston employment and the business-cycle index continue to register healthy growth, and drilling activity has flattened at a high level. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/2019/sa1901 Fri, 04 Jan 2019 10:24:00 EST Growth in the San Antonio economy was moderate in November. The San Antonio Business-Cycle Index continued to accelerate, and the unemployment rate was unchanged. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/2019/ep1901 Thu, 03 Jan 2019 11:41:00 EST El Paso payrolls fell in November, but year-to-date employment growth remains near its long-term average of 1.5 percent. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/2018/dfw1812 Mon, 31 Dec 2018 12:58:00 EST The Dallas–Fort Worth economy expanded at a modest pace. Employment growth was subdued in November, with DFW adding jobs at the slowest pace in seven months. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/2018/pb1812 Fri, 28 Dec 2018 09:45:00 EST The Permian Basin economy remains robust despite the recent large drop in oil prices. Though employment has fallen slightly over the past three months, the Permian’s labor market continues to be tight. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/2018/tei1812 Thu, 27 Dec 2018 11:57:00 EST Texas economic growth moderated in November. The state added jobs at a softer pace, with employment declining in some metros and industries. U.S. Economy Finishes the Year Strong https://www.dallasfed.org:443/research/update/us/2018/1808 Mon, 24 Dec 2018 11:49:00 EST The U.S. economy continued its expansion in the fourth quarter, fueled in part by strong consumption and rising wage growth. Inflation remained at or around the Federal Reserve’s 2 percent target. Mexico's 2019 Growth Outlook Revised Down https://www.dallasfed.org:443/research/update/mex/2018/1808 Mon, 24 Dec 2018 09:00:00 EST Mexico’s economy has grown 2.4 percent this year through the third quarter. Texas Employment Forecast https://www.dallasfed.org:443/research/forecast/2018/emp181221 Fri, 21 Dec 2018 13:28:00 EST Incorporating a downward revision to second quarter job growth, November job growth of 1.4 percent and a decline in the leading index, the Texas Employment Forecast suggests jobs will grow 2.4 percent this year (December/December). Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2018/en1811 Fri, 07 Dec 2018 09:20:00 EST Oil prices tumbled in November due to the United States' Iran policy, surging U.S. production, rising inventories and concerns about the global demand outlook. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2018/aus1812 Thu, 06 Dec 2018 13:57:00 EST The Austin economy expanded at a strong pace in October. The Austin Business-Cycle Index accelerated and continued above its long-term trend. Southern New Mexico Economic Indicators https://www.dallasfed.org:443/research/indicators/snm/2018/snm1804 Mon, 03 Dec 2018 16:14:00 EST New Mexico employment is steadily expanding, while Las Cruces jobs remained stagnant in the third quarter and year to date. Gross domestic product (GDP) for the Las Cruces metro posted slower growth in 2017 than in previous years. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/2018/ep1811 Thu, 29 Nov 2018 17:25:00 EST El Paso's economy continued to expand in October. Existing-home sales remained near all-time highs, while home-price appreciation was moderate. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2018/hou1812 Wed, 28 Nov 2018 14:39:00 EST The outlook for Houston softened as leading indicators broadly slowed over the past three months. Revisions to data show that 2018 Houston employment growth has been healthy but not as strong as early estimates suggested. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/2018/pb1811 Wed, 21 Nov 2018 13:55:00 EST The Permian Basin economy remains robust, reaching highs in production, employment and home prices. However, there are signs of moderation. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/2018/sa1811 Tue, 20 Nov 2018 16:54:00 EST Growth in the San Antonio economy remained soft in October. The San Antonio Business-Cycle index accelerated, though growth continued to be below its long-term average. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/2018/dfw1811 Tue, 20 Nov 2018 10:18:00 EST Growth in Dallas-Fort Worth remained widespread and brisk, with the metro area adding 9,500 jobs. Unemployment fell, and the Dallas and Fort Worth business-cycle indexes posted solid and above-trend growth. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/2018/tei1811 Mon, 19 Nov 2018 15:39:00 EST Texas economic growth remained healthy in October. The state added jobs at a strong pace, with the expansion widespread across metros and most industries. Mexico's Economy Posts Strong Third-Quarter Growth https://www.dallasfed.org:443/research/update/mex/2018/1807 Mon, 19 Nov 2018 11:56:00 EST Mexico's economic output recovered sharply in the third quarter, rising an annualized 3.6 percent after contracting in the second quarter. The consensus growth forecast for 2018 held steady in October at 2.1 percent. Texas Employment Forecast https://www.dallasfed.org:443/research/forecast/2018/emp181116 Fri, 16 Nov 2018 14:04:00 EST Incorporating October employment growth of 2.7 percent, an upward revision of job growth in September and a slight decline in the leading index, the Texas Employment Forecast suggests jobs will grow 2.9 percent this year (December/December) U.S. Expansion Remains on Solid Footing https://www.dallasfed.org:443/research/update/us/2018/1807 Tue, 13 Nov 2018 16:41:00 EST The U.S. economy has now expanded for 112 consecutive months, the second-longest stretch on record, and recent data point to continued growth due to strong consumer spending, robust employment growth and elevated business and consumer confidence. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2018/aus1811 Fri, 02 Nov 2018 11:32:00 EST The Austin economy expanded at a strong pace in September. The Austin Business-Cycle Index accelerated and continued above its long-term trend. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2018/hou1811 Wed, 31 Oct 2018 14:30:00 EST Houston economic conditions remain mostly positive, as does the overall outlook for the area. The business-cycle index continues to exhibit strong growth, and the Houston Leading Index is accelerating. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/2018/sa1810 Fri, 26 Oct 2018 16:49:00 EST Growth in the San Antonio economy remained mild in September. The San Antonio Business-Cycle Index accelerated while remaining below its long-term average. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/2018/ep1810 Thu, 25 Oct 2018 16:00:00 EST Growth in El Paso remains broad based, with the metro area adding jobs at a 3.3 percent annualized rate in September. Home sales are at an all-time high, while home price appreciation is moderate. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/2018/dfw1810 Wed, 24 Oct 2018 14:42:00 EST Dallas–Fort Worth economic growth moderated in September. Payroll employment expanded at a slower pace in the third quarter than the second. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/2018/tei1810 Tue, 23 Oct 2018 09:46:00 EST The Texas economy grew at a moderate pace in September. The state added jobs at a slower pace than in August, and unemployment dipped to a record low. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/2018/pb1810 Mon, 22 Oct 2018 12:03:00 EST The Permian Basin economy remains robust. Employment growth has moderated in recent months, but the unemployment rate remains at historical lows. Texas Employment Forecast https://www.dallasfed.org:443/research/forecast/2018/emp181019 Fri, 19 Oct 2018 13:43:00 EST Incorporating September employment growth of 1.7 percent and moderate growth in the Texas Leading index, the Texas Employment Forecast suggests jobs will grow 2.7 percent this year (December/December), with an 80 percent confidence band of 2.2 to 3.2 percent. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2018/en1810 Fri, 05 Oct 2018 13:32:00 EST Signals have been recently mixed for the oil and gas industry. Pipeline limitations continue to take center stage, slowing production growth. Mining employment growth decelerated over the summer. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2018/aus1810 Thu, 04 Oct 2018 17:34:00 EST Austin economic growth was moderate in August. The Austin Business-Cycle Index stabilized but was below its long-term trend. Job growth rebounded after a sharp drop in July, while the unemployment rate ticked up slightly. Mexico's 2018 Growth Outlook Revised Down Slightly https://www.dallasfed.org:443/research/update/mex/2018/1806 Thu, 04 Oct 2018 12:31:00 EST Mexico’s consensus growth forecast for 2018 worsened slightly from 2.3 percent in July to 2.1 percent in August. The 2019 forecast held steady at 2.2 percent. U.S. Economy Expected to Remain Strong Through Year-End https://www.dallasfed.org:443/research/update/us/2018/1806 Wed, 03 Oct 2018 11:37:00 EST The U.S. economy continued to expand at a brisk pace in the third quarter, based on recent data releases. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/2018/ep1809 Mon, 01 Oct 2018 18:55:00 EST Growth in El Paso remains broad based. Year to date, the metro has added jobs at a 2.0 percent annualized rate, above its long-run average of 1.5 percent. Home sales are at an all-time high, while home-price appreciation is moderate. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2018/hou1810 Fri, 28 Sep 2018 14:27:00 EST Houston's economy continues to grow at a healthy pace despite signs of a slowdown in its core energy-related sectors. Employment and business-cycle indicators are increasing, and loan growth at Houston-based banks continues to outperform the nation. Overall, the outlook remains positive. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/2018/sa1809 Thu, 27 Sep 2018 10:37:00 EST Growth in the San Antonio economy remained mild in August. The San Antonio Business-Cycle Index decelerated, holding below its long-term average. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/2018/dfw1809 Tue, 25 Sep 2018 14:24:00 EST Growth in Dallas–Fort Worth remained broad based and brisk, with the metro area adding jobs at a 3.0 percent annualized rate—well above its long-run average. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/2018/tei1809 Mon, 24 Sep 2018 11:27:00 EST Texas’ economic expansion accelerated in August after moderating in July. Employment growth strengthened and was widespread across sectors and industries. The Texas Leading Index dipped but remained elevated, and energy sector indicators were mostly flat. Exports rose in July, and the volume of loans held by Texas banks expanded in the second quarter. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/2018/pb1809 Fri, 21 Sep 2018 14:36:00 EST Overall, economic indicators show a robust Permian Basin economy with expanding employment and a tight labor market. Though oil production continues to rise, drilling activity has leveled off somewhat amid concerns over pipeline capacity. Texas Employment Forecast https://www.dallasfed.org:443/research/forecast/2018/emp180921 Fri, 21 Sep 2018 16:23:00 EST Incorporating August employment growth of 4.6 percent, a revision in first-quarter job growth due to early benchmarking, and new leading index data, the Texas Employment Forecast suggests jobs will grow 2.8 percent this year (December/December), with an 80 percent confidence band of 2.3 to 3.3 percent. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2018/aus1809 Fri, 07 Sep 2018 14:30:00 EST Austin economic growth weakened in July. The Austin Business-Cycle Index performed well below its long-term trend. The unemployment rate dipped and job growth softened, but wages inched up. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2018/en1809 Thu, 06 Sep 2018 16:42:00 EST Pipeline limitations are driving down local prices for oil and natural gas, causing drilling activity to flatten and the inventory of uncompleted wells to rise in the Permian Basin. Texas mining employment growth also slowed in July. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2018/hou1809 Wed, 29 Aug 2018 17:14:00 EST Softer employment growth in July slowed the business-cycle index to a more modest above-trend growth rate. Revisions to employment data dulled Houston’s stellar job growth in the six months following Hurricane Harvey. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/2018/sa1808 Thu, 23 Aug 2018 12:53:00 EST Growth in the San Antonio economy remained mild in July. The San Antonio Business-Cycle Index accelerated, though it remains below its long-term average. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/2018/ep1808 Wed, 22 Aug 2018 09:39:00 EST A strong labor market is boosting the El Paso economy. Year-to-date jobs gains have been broad based, and trade through the El Paso port of entry is up. Housing affordability remains above average. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/2018/pb1808 Wed, 22 Aug 2018 14:31:00 EST Employment and the rig count growth have slowed over the last three months in the Permian Basin but overall, economic indicators show a robust economy. Southern New Mexico Economic Indicators https://www.dallasfed.org:443/research/indicators/snm/2018/snm1803 Tue, 21 Aug 2018 11:39:00 EST Employment levels inched up in Las Cruces in the second quarter, while the state posted much stronger growth. Trade through the port is rising, and the rig count is well above year-ago levels. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/2018/dfw1808 Tue, 21 Aug 2018 14:55:00 EST Economic expansion in Dallas–Fort Worth (DFW) remained broad based and swift, with the July jobs report showing the metro area growing at a 3.0 percent annualized rate—well above its long-run average. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/2018/tei1808 Mon, 20 Aug 2018 17:59:00 EST Texas’ economic expansion moderated in July. Employment growth softened, and growth in the Texas Business-Cycle Index slowed. The Dallas Fed’s Texas Business Outlook Surveys indicated a pickup in growth and continued optimism but also rising uncertainty. Southern New Mexico Economic Indicators https://www.dallasfed.org:443/research/indicators/snm Mon, 20 Aug 2018 15:02:00 EST Southern New Mexico Economic Indicators is a quarterly web publication of key economic indicators that offers a snapshot of the Southern New Mexico economy. Texas Employment Forecast https://www.dallasfed.org:443/research/forecast/2018/emp180817 Fri, 17 Aug 2018 13:10:00 EST Incorporating July employment growth of 1.3 percent and new leading index data, the Texas Employment Forecast suggests jobs will grow 2.7 percent this year (December/December), with an 80 percent confidence band of 2.1 to 3.3 percent. Mexico Posts Negative Growth in Second Quarter but Outlook Stable https://www.dallasfed.org:443/research/update/mex/2018/1805 Wed, 15 Aug 2018 13:25:00 EST Mexico’s economy contracted an annualized 0.4 percent in the second quarter. Nevertheless, the consensus growth forecast for 2018 held steady in June at 2.3 percent. U.S. Economy Appears Well-Positioned for Second Half https://www.dallasfed.org:443/research/update/us/2018/1805 Tue, 07 Aug 2018 13:19:00 EST The U.S. economy entered its 10th year of economic expansion last month, and recent data point to continued economic growth for the second half of the year. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2018/en1808 Fri, 03 Aug 2018 16:42:00 EST Recent indicators have been mixed but continue to paint a positive overall picture for the industry. Drilling, well permit applications and production numbers have all plateaued in recent weeks. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2018/aus1808 Thu, 02 Aug 2018 14:30:00 EST The Austin economy continued to expand at a solid pace in June. The Austin Business-Cycle Index grew near its long-term trend. Although labor markets remained constrained, the metro posted solid employment growth. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2018/hou1808 Tue, 31 Jul 2018 14:15:00 EST The professional services sector continues to lead a broad-based acceleration in the Houston economy this year amid strong growth in the local labor force. Construction employment is surging as the existing-home market remains tight. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/2018/ep1807 Fri, 27 Jul 2018 09:49:00 EST The El Paso economy continues to expand as the labor market continues to add jobs and home sales reach record levels. Trade through the El Paso port of entry rose, while maquiladora employment remained steady. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/2018/pb1807 Thu, 26 Jul 2018 10:00:00 EST Employment growth picked up in the second quarter, and unemployment remains near historic lows. The rig count has stalled, but production continues to grow. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/2018/sa1807 Thu, 26 Jul 2018 10:29:00 EST Growth in the San Antonio economy remained mild in June. The San Antonio Business-Cycle Index continued to expand, though below its long-term average, as the unemployment rate held at a low level and job growth remained tepid. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/2018/tei1807 Tue, 24 Jul 2018 09:29:00 EST The Texas economy continued to expand at a solid pace in June. There were strong job gains, and unemployment remained low. The Dallas Fed’s Texas Business Outlook Surveys indicated continued growth in the state’s manufacturing and service-providing sectors. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/2018/dfw1807 Tue, 24 Jul 2018 17:51:00 EST The Dallas–Fort Worth economy continues to expand. The June jobs report indicated employment growth moderated, with DFW adding jobs at the slowest pace so far this year. Texas Employment Forecast https://www.dallasfed.org:443/research/forecast/2018/emp180720 Fri, 20 Jul 2018 13:02:00 EST Incorporating June employment growth of 2.8 percent and new leading index data, the Texas Employment Forecast suggests jobs will grow 3.0 percent this year (December/December), with an 80 percent confidence band of 2.2 to 3.8 percent. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2018/aus1807 Thu, 05 Jul 2018 14:21:00 EST Austin economic activity held steady in May. The Austin Business-Cycle Index continued to grow near trend. Job growth accelerated after softening in March and April, while the unemployment rate fell to its lowest rate since the beginning of the year. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2018/en1807 Thu, 05 Jul 2018 15:56:00 EST Drilling activity continues to expand in Texas as prices continue to be favorable. OPEC recently indicated it would increase production, but falling inventories, unplanned outages and limited spare OPEC capacity left the price reaction mixed. Mexico’s First-Quarter Output Revised Up, but Growth Stalls in April https://www.dallasfed.org:443/research/update/mex/2018/1804 Fri, 29 Jun 2018 15:28:00 EST Mexico’s economy grew slightly faster in first quarter 2018 than previously estimated. First-quarter gross domestic product was revised to 4.6 percent, up from the prior estimate of 4.5 percent. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/2018/ep1806 Thu, 28 Jun 2018 14:57:00 EST The El Paso economy continues to expand. The labor market keeps growing, and homes sales reached near-record levels in May. Trade through the El Paso Port of Entry rose, while maquiladora employment remained steady. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2018/hou1807 Mon, 25 Jun 2018 16:40:00 EST Professional services and manufacturing are leading growth in the Houston economy. The energy sector is expanding at an accelerated pace, leading to strong export growth. Lending at local banks has been outpacing the state and the nation. Healthy gains in the Houston Leading Index and the Houston Business-Cycle Index suggest a continued positive outlook. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/2018/sa1806 Thu, 21 Jun 2018 14:05:00 EST Growth in the San Antonio economy held steady in May. The San Antonio Business-Cycle Index continued to expand, though below its long-term average, as the unemployment rate fell but job growth remained tepid. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/2018/pb1806 Wed, 20 Jun 2018 14:00:00 EST The Permian Basin economy continued its rapid expansion in May. Employment surpassed its prebust peak as unemployment fell to a record low. U.S. Economic Picture Unchanged in Second Quarter 2018 https://www.dallasfed.org:443/research/update/us/2018/1804 Tue, 19 Jun 2018 16:02:00 EST Economic data released since March point to continued growth in economic activity due to robust consumer spending, strong employment growth and diminishing labor market slack. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/2018/dfw1806 Tue, 19 Jun 2018 15:46:00 EST The Dallas-Fort Worth economy continued to expand at a torrid pace. The May jobs report showed the metro area growing at a 3.7 percent annualized rate in the first five months of the year, adding a total of 55,500 net new jobs. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/2018/tei1806 Mon, 18 Jun 2018 17:45:00 EST The Texas economy continued to expand at a solid pace in May. The state posted strong job gains, and unemployment remained low. The headline indexes of the Dallas Fed's Texas Business Outlook Surveys indicated accelerating growth. Texas Employment Forecast https://www.dallasfed.org:443/research/forecast/2018/emp180615 Fri, 15 Jun 2018 14:05:00 EST Incorporating May annualized employment growth of 3.2 percent and new leading index data, the Texas Employment Forecast suggests jobs will grow 3.3 percent this year (December/December), with an 80 percent confidence band of 2.4 to 4.2 percent. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2018/aus1806 Fri, 08 Jun 2018 13:47:00 EST Austin economic activity held steady in April. The Austin Business-Cycle Index continued to grow well above trend. Although job growth softened in April, the unemployment rate remained low. Wages continued to rise, aiding home affordability. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2018/en1806 Fri, 01 Jun 2018 15:01:00 EST The higher price environment is driving production and employment growth in the oil and gas industry. Higher prices for crude are also being passed onto consumer fuel prices even as exports remain elevated. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2018/hou1806 Tue, 29 May 2018 16:24:00 EST Overall, the outlook for Houston remains positive. Recent job growth has been very strong and broad based, and the region is likely to receive a tailwind from continued strength in the U.S. and Texas economies. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/2018/sa1805 Fri, 25 May 2018 10:46:00 EST Growth in the San Antonio economy picked up in April. The San Antonio Business-Cycle Index accelerated to just slightly below its long-term pace as jobs increased and the unemployment rate fell. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/2018/ep1805 Thu, 24 May 2018 11:42:00 EST Although employment contracted in April, the El Paso economy continues to expand. Trade through the El Paso Port of Entry inched down, while maquiladora employment remained steady. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/2018/dfw1805 Tue, 22 May 2018 10:05:00 EST Dallas–Fort Worth economic activity accelerated in April, with the Dallas and Fort Worth business-cycle indexes posting above-trend growth and payroll employment climbing in both metros. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/2018/tei1805 Mon, 21 May 2018 15:05:00 EST The Texas economy continued to post strong growth in April, with total nonfarm employment increasing from the previous month. Activity in the energy sector expanded further, with both the rig count and oil prices increasing. Texas Employment Forecast https://www.dallasfed.org:443/research/forecast/2018/emp180518 Fri, 18 May 2018 13:52:00 EST Incorporating April annualized employment growth of 4.2 percent and gains in the leading index, the Texas Employment Forecast projects jobs will grow 3.6 percent this year (December/December), with an 80 percent confidence band of 2.5 to 4.7 percent. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/2018/pb1805 Thu, 17 May 2018 12:08:00 EST Employment increased in the Permian Basin during March while the unemployment rate continued to fall. Oil indicators are showing strength. Southern New Mexico Economic Indicators https://www.dallasfed.org:443/research/indicators/snm/2018/snm1802 Thu, 17 May 2018 17:05:00 EST New Mexico’s labor market expanded in the first quarter, while employment levels in Las Cruces inched down. Trade through the port is rising, and the rig count is well above year-ago levels. Mexico Economy Expands at a Strong Pace in First Quarter https://www.dallasfed.org:443/research/update/mex/2018/1803 Tue, 15 May 2018 09:40:00 EST Mexico’s gross domestic product (GDP) grew at an annualized 4.5 percent pace in first quarter 2018—its highest quarterly growth since mid-2016. Slower Growth in First Quarter Appears Temporary https://www.dallasfed.org:443/research/update/us/2018/1803 Tue, 08 May 2018 12:04:00 EST The U.S. economy entered 2018 with strong momentum, but it slowed in the first quarter. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2018/en1805 Fri, 04 May 2018 17:08:00 EST Texas oil and gas employment and drilling activity continued to grow in March and April. The price of West Texas Intermediate (WTI) crude strengthened to its highest monthly average since November 2014. However, pipeline capacity in the Permian may be in short supply over the next year, putting downward pressure on barrels priced in the region and potentially restricting production growth in 2019. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2018/aus1805 Thu, 03 May 2018 12:59:00 EST Austin economic activity accelerated in March. The Austin Business-Cycle Index grew at its fastest pace since late 2015, bolstered by strong employment growth over the first quarter of this year.