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/ San Antonio Economic Indicators https://www.dallasfed.org/research/indicators/sa/2024/sa2403 Thu, 28 Mar 2024 18:20:00 EST San Antonio payroll job growth and wages picked up in February. In addition, unemployment increased, retail sales tax revenue ticked down, and existing-home sales rose. Weekly Economic Index https://www.dallasfed.org/research/wei Thu, 28 Mar 2024 15:30:00 EST The WEI is currently 1.78 percent, scaled to four-quarter GDP growth, for the week ended March 23 and 1.48 percent for March 16. El Paso Economic Indicators https://www.dallasfed.org/research/indicators/ep/2024/ep2403 Wed, 27 Mar 2024 18:15:00 EST El Paso job growth saw little change in February, and the unemployment rate remained the same. In addition, imports and exports picked up through the El Paso port, U.S. industrial production grew, and both auto production and sales increased. Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2024/tei2403 Tue, 26 Mar 2024 21:26:00 EST The Texas economy expanded strongly in February. Payroll growth strengthened and the unemployment rate remained flat as it has for the past seven months, while labor force growth slowed. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2024/emp240322 Fri, 22 Mar 2024 22:22:00 EST The Texas Employment Forecast indicates jobs will increase 2.5 percent (352,800 jobs) in 2024, with an 80 percent confidence band of 1.9 to 3.1 percent. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2024/en2404 Wed, 13 Mar 2024 16:08:00 EST Coal power usage continues to decline in Texas. Solar power will be roughly half of all new electric-generation additions in both Texas and the U.S. in 2024, according to the Energy Information Administration. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2024/emp240308 Fri, 08 Mar 2024 23:14:00 EST The Texas Employment Forecast indicates jobs will increase 2.2 percent (304,200 jobs added) in 2024, with an 80 percent confidence band of 1.5 to 2.9 percent. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org/research/indicators/dfw/2024/dfw2402 Fri, 01 Mar 2024 22:38:00 EST The Dallas–Fort Worth economy expanded in December. Payroll employment rose moderately, and unemployment dipped. Home prices were relatively flat in the fourth quarter, and affordability held steady. Permian Basin Economic Indicators https://www.dallasfed.org/research/indicators/pb/2024/pb2401 Tue, 20 Feb 2024 16:33:00 EST Permian Basin employment and wages rose during fourth quarter 2023, while the unemployment rate fell. The region’s rig count and the price of oil notably declined. Southern New Mexico Economic Indicators https://www.dallasfed.org/research/indicators/snm/2023/snm2304 Thu, 15 Feb 2024 14:49:00 EST Las Cruces’ economy rebounded in fourth quarter 2023 after weakening in the third. Employment grew broadly, and the unemployment rate held steady. Hourly earnings declined in Las Cruces and New Mexico in 2023. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2024/en2403 Tue, 13 Feb 2024 22:27:00 EST The U.S. rig count declined in 2023, natural gas prices declined, and oil prices held relatively steady. Large oil and gas exploration and production (E&P) firms are turning their attention to acquiring assets in 2024, while small firms are aiming to grow production. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2024/emp240209 Fri, 09 Feb 2024 17:30:00 EST The Texas Employment Forecast indicates jobs will increase 2.0 percent (283,500 jobs added) in 2024, with an 80 percent confidence band of 1.2 to 2.8 percent. Austin Economic Indicators https://www.dallasfed.org/research/indicators/aus/2024/aus2402 Thu, 01 Feb 2024 18:17:00 EST Austin lost jobs in December as layoffs in the high-tech sector continued, and the unemployment rate increased. Rent prices stabilized, and home inventories increased. Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2024/tei2402 Wed, 31 Jan 2024 00:17:00 EST The Texas economy expanded at a robust pace last year. Payrolls expanded in December, and the unemployment rate dropped. Initial unemployment claims ticked down in mid-January. El Paso Economic Indicators https://www.dallasfed.org/research/indicators/ep/2024/ep2402 Fri, 26 Jan 2024 20:56:00 EST El Paso job growth grew in December, and the unemployment rate remained the same. In addition, U.S. industrial production grew, and both auto production and sales increased. San Antonio Economic Indicators https://www.dallasfed.org/research/indicators/sa/2024/sa2402 Thu, 25 Jan 2024 22:02:00 EST San Antonio payroll job growth and wages picked up in December. However, unemployment remained stable, retail sales tax revenue fell, and existing home sales declined. Houston Economic Indicators https://www.dallasfed.org/research/indicators/hou/2024/hou2402 Thu, 25 Jan 2024 19:14:00 EST Houston job growth slowed from September through December, finishing the year with 2.9 percent growth from December 2022. Houston’s unemployment rate was flat in December as Texas unemployment dipped for the first time since November 2022. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2024/en2402 Wed, 24 Jan 2024 22:34:00 EST Natural gas liquids (NGLs) production increased in 2023, and exports grew to new heights. U.S. chemical production improved in 2023, helped by easing input costs. The petrochemicals sector saw softening prices, and the basic chemicals sector saw increasing real export values.  Texas Employment Update https://www.dallasfed.org/research/forecast/2024/emp240119update Fri, 19 Jan 2024 21:52:00 EST With the Texas Workforce Commission’s release of the December employment data, Texas’ 2023 job growth came in at a robust 3.1 percent (426,900 jobs)—a full percentage point above the state’s long-term average growth. Mexico’s economy shows mixed signals toward end of 2023 https://www.dallasfed.org/research/update/mex/2024/2401 Fri, 19 Jan 2024 19:21:00 EST Mexico’s economy likely grew more than 3 percent in 2023 as the proxy for monthly GDP increased for the ninth consecutive month in November. San Antonio Economic Indicators https://www.dallasfed.org/research/indicators/sa/2024/sa2401 Thu, 11 Jan 2024 22:21:00 EST San Antonio payroll job growth slowed in November. In addition, unemployment declined, and retail sales tax revenue stabilized; however, wages stagnated. Houston Economic Indicators https://www.dallasfed.org/research/indicators/hou/2024/hou2401 Thu, 11 Jan 2024 17:42:00 EST Houston employment growth was strong in November, with services driving the 2.7 percent increase from August levels. Construction continued to decline as the real estate market slowed. Median home-price growth in the metro returned to the prepandemic normal, and mortgage rates remained elevated as sales and housing inventories rose. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org/research/indicators/dfw/2024/dfw2401 Thu, 11 Jan 2024 14:23:00 EST The Dallas–Fort Worth economy weakened in November. Payroll employment fell, while unemployment dipped. Retail sales tax collections and apartment demand rose in December, while single-family housing permits were relatively flat in November. El Paso Economic Indicators https://www.dallasfed.org/research/indicators/ep/2024/ep2401 Wed, 10 Jan 2024 16:10:00 EST El Paso job growth slowed in November, wages declined, and the unemployment rate fell. In addition, new single-family home permits declined. Austin Economic Indicators https://www.dallasfed.org/research/indicators/aus/2024/aus2401 Tue, 09 Jan 2024 19:17:00 EST In November, Austin experienced solid job growth, accompanied by a decline in the unemployment rate and a slight fall in wage growth. Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2024/tei2401 Fri, 05 Jan 2024 13:28:00 EST The Texas economy expanded in November. Employment grew faster than in October, while unemployment remained flat. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2024/en2401 Thu, 04 Jan 2024 14:42:00 EST U.S. exports of liquefied natural gas (LNG) are expected to continue to grow into 2024. Global natural gas and heating oil prices are subdued as the winter outlook has moderated, while propane prices are increasing but remain significantly below last year’s levels. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2023/emp231222 Fri, 22 Dec 2023 21:49:00 EST The Texas Employment Forecast indicates jobs will increase 3.2 percent in 2023, with an 80 percent confidence band of 3.1 to 3.3 percent. Austin Economic Indicators https://www.dallasfed.org/research/indicators/aus/2023/aus2312 Thu, 07 Dec 2023 01:28:00 EST In October, Austin experienced flat employment growth, wages increased slightly, and unemployment remained steady. In contrast, housing permits increased, and home prices declined. Houston Economic Indicators https://www.dallasfed.org/research/indicators/hou/2023/hou2312 Wed, 06 Dec 2023 21:56:00 EST Houston employment was stronger than anticipated in October, as the latest early benchmark revision put employment growth at 3.0 percent in the 12 months ending in October 2023. Leisure and hospitality, government and information led growth, while professional and business services and construction showed declines from July to October. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org/research/indicators/dfw/2023/dfw2311 Fri, 01 Dec 2023 23:35:00 EST The Dallas–Fort Worth economy slowed in October. Payroll employment fell, while unemployment was little changed. El Paso Economic Indicators https://www.dallasfed.org/research/indicators/ep/2023/ep2311 Thu, 30 Nov 2023 22:35:00 EST El Paso employment declined from July to October. The business-cycle index increased slightly, and the unemployment rate fell. In addition, wage growth stabilized. The U.S. industrial production index decreased, and both auto production and sales dropped. San Antonio Economic Indicators https://www.dallasfed.org/research/indicators/sa/2023/sa2312 Thu, 30 Nov 2023 20:05:00 EST San Antonio payroll jobs continued to grow at an elevated rate in October after a sharp pickup in September. In addition, unemployment declined despite the increases in the labor force, and wages rose; however, retail sales tax continued to decline. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2023/en2311 Wed, 29 Nov 2023 19:57:00 EST Gasoline and diesel prices have come down since the end of summer, with gasoline prices seeing a stronger decline. A drop in gasoline consumption contributed to bloated gasoline inventories, while consumption of diesel is still relatively healthy, contributing to higher refining margins for the heavier product. Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2023/tei2311 Mon, 27 Nov 2023 19:58:00 EST The Texas economy expanded further in September. Employment grew strongly, and unemployment remained flat. Mexico’s economic momentum continues; outlook improves https://www.dallasfed.org/research/update/mex/2023/2307 Mon, 27 Nov 2023 16:36:00 EST Mexico’s real GDP grew at a revised annualized 3.4 percent in the second quarter, about the same as the previous quarter’s gains of 3.3 percent. This is the seventh consecutive quarter the Mexican economy has expanded, and growth is generally surprising to the upside. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2023/emp231117 Fri, 17 Nov 2023 23:14:00 EST The Texas Employment Forecast indicates jobs will increase 3.2 percent in 2023, with an 80 percent confidence band of 3.0 to 3.4 percent. Southern New Mexico Economic Indicators https://www.dallasfed.org/research/indicators/snm/2023/snm2303 Wed, 15 Nov 2023 20:45:00 EST The Las Cruces economy was weak in the third quarter. Employment fell broadly, and the unemployment rate increased. Home listings surged, but home prices were little changed. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2023/en2310 Wed, 08 Nov 2023 20:50:00 EST Oil and gas executives expect the rig count to remain at current levels at the start of next year. Exploration and production (E&P) firms—especially the smaller ones—are preparing to see higher well completion and drilling costs in 2024. Houston Economic Indicators https://www.dallasfed.org/research/indicators/hou/2023/hou2311 Fri, 03 Nov 2023 15:02:00 EST Houston employment grew 3.6 percent from June through September 2023, picking up from the slowdown in the three months ending in August. Employment in the oil and gas sector slowed and rig counts fell in September. Austin Economic Indicators https://www.dallasfed.org/research/indicators/aus/2023/aus2311 Thu, 02 Nov 2023 13:02:00 EST In September, Austin’s employment sector expanded significantly, accompanied by a decline in the unemployment rate and slower wage growth. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org/research/indicators/dfw/2023/dfw2310 Tue, 31 Oct 2023 21:44:00 EST Dallas–Fort Worth’s economy gained momentum in September. Payroll gains accelerated, unemployment dipped, and retail sales tax collections rose. Permian Basin Economic Indicators https://www.dallasfed.org/research/indicators/pb/2023/pb2304 Tue, 31 Oct 2023 16:46:00 EST Permian Basin employment rose in the third quarter while wages declined. The unemployment rate was roughly unchanged. The region’s rig count declined, but the price of oil rose significantly. El Paso Economic Indicators https://www.dallasfed.org/research/indicators/ep/2023/ep2310 Fri, 27 Oct 2023 16:55:00 EST El Paso's employment contracted in September, and its business-cycle index was flat. However, the unemployment rate fell. Trade volumes cooled from the previous year. Both U.S. auto production and sales rose. San Antonio Economic Indicators https://www.dallasfed.org/research/indicators/sa/2023/sa2311 Thu, 26 Oct 2023 21:00:00 EST San Antonio payroll jobs increased in September at the fastest rate in over a year. In addition, unemployment declined despite the increases in the labor force, and wages rose. Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2023/tei2310 Wed, 25 Oct 2023 18:58:00 EST The Texas economy expanded further in September. Employment grew strongly, and unemployment remained flat. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2023/emp231020 Fri, 20 Oct 2023 21:22:00 EST The Texas Employment Forecast indicates that jobs will increase 3.3 percent in 2023, with an 80 percent confidence band of 3.1 to 3.5 percent. Mexico’s economic momentum continues; outlook improves https://www.dallasfed.org/research/update/mex/2023/2306 Thu, 12 Oct 2023 17:25:00 EST Mexico’s real GDP grew at a revised annualized 3.4 percent in the second quarter, about the same as the previous quarter’s gains of 3.3 percent. This is the seventh consecutive quarter the Mexican economy has expanded, and growth is generally surprising to the upside. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2023/en2309 Thu, 05 Oct 2023 20:13:00 EST Resilient demand and constricted supply due to OPEC+ production cuts will leave crude oil balances in a deficit for the remainder of the year, even with continually increasing U.S. production. Austin Economic Indicators https://www.dallasfed.org/research/indicators/aus/2023/aus2310 Thu, 05 Oct 2023 15:07:00 EST In August, Austin’s employment declined and unemployment rose. In addition, layoff notices covered by the Worker Adjustment and Retraining Notification Act (WARN) increased, concentrated in the professional and business services sector. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org/research/indicators/dfw/2023/dfw2309 Mon, 02 Oct 2023 20:49:00 EST The Dallas–Fort Worth economy expanded in August. Employment growth continued at a brisk pace, and unemployment remained low. Houston Economic Indicators https://www.dallasfed.org/research/indicators/hou/2023/hou2310 Fri, 29 Sep 2023 18:22:00 EST Houston job growth picked up in August, buoyed by a recovering construction sector, while the number of layoff notices remained below 2019 average levels. Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2023/tei2309 Wed, 27 Sep 2023 22:30:00 EST Texas economic expansion slowed in August. Employment growth moderated, and unemployment remained flat. San Antonio Economic Indicators https://www.dallasfed.org/research/indicators/sa/2023/sa2310 Fri, 22 Sep 2023 18:20:00 EST San Antonio payroll jobs increased in August after two months of contraction. The increase was driven by the leisure and hospitality sector and was offset by losses in the professional and business services. El Paso Economic Indicators https://www.dallasfed.org/research/indicators/ep/2023/ep2309 Wed, 20 Sep 2023 22:20:00 EST El Paso’s employment declined in August. In addition, the business-cycle index edged down, the unemployment rate remained flat, and job postings continued to decline. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2023/emp230915 Fri, 15 Sep 2023 21:42:00 EST The Texas Employment Forecast indicates that jobs will increase 2.9 percent in 2023, with an 80 percent confidence band of 2.6 to 3.3 percent. Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2023/tei2308 Thu, 14 Sep 2023 20:45:00 EST The Texas economy expanded further in July. Employment grew in most sectors and major metros. Austin Economic Indicators https://www.dallasfed.org/research/indicators/aus/2023/aus2309 Thu, 07 Sep 2023 18:30:00 EST In July, the Austin economy experienced job growth as most sectors expanded. In addition, the business-cycle index ticked up. Houston Economic Indicators https://www.dallasfed.org/research/indicators/hou/2023/hou2309 Tue, 29 Aug 2023 19:14:00 EST Houston employment rose 0.9 percent in the three months ending in July, a pickup from June’s sluggish growth. With the latest revisions, Houston has added 41,282 jobs in 2023 year to date. San Antonio Economic Indicators https://www.dallasfed.org/research/indicators/sa/2023/sa2309 Thu, 24 Aug 2023 21:06:00 EST San Antonio payroll jobs declined in July as the region experienced employment contraction across most sectors. Unemployment jumped as jobs declined and the labor force expanded at the fastest pace since the recovery from the pandemic shutdown in early 2020. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org/research/indicators/dfw/2023/dfw2308 Wed, 23 Aug 2023 21:32:00 EST The Dallas–Fort Worth economy expanded in July. Payroll employment grew, but unemployment ticked up as more workers joined the labor force. El Paso Economic Indicators https://www.dallasfed.org/research/indicators/ep/2023/ep2308 Wed, 23 Aug 2023 20:58:00 EST In July, El Paso’s economic indicators showed mixed signals. Payroll growth increased, although it varied across sectors, and unemployment surged. However, the business-cycle index increased, and the subprime credit population stayed flat. Permian Basin Economic Indicators https://www.dallasfed.org/research/indicators/pb/2023/pb2303 Mon, 21 Aug 2023 16:11:00 EST Employment in the Permian Basin in the second quarter increased while wages remained stable. Oil prices fell as production reached a new high, but the rig count declined. Home prices in Midland–Odessa increased, and sales dropped dramatically. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2023/emp230818 Fri, 18 Aug 2023 21:26:00 EST The Texas Employment Forecast indicates that jobs will increase 3.0 percent in 2023, with an 80 percent confidence band of 2.6 to 3.4 percent. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2023/en2308 Wed, 16 Aug 2023 19:57:00 EST The annual U.S. Energy and Employment Report (USEER) from the Department of Energy shows solar dominated electricity generation employment in 2022 and petroleum lead fuels employment. Southern New Mexico Economic Indicators https://www.dallasfed.org/research/indicators/snm/2023/snm2302 Thu, 10 Aug 2023 15:56:00 EST The Las Cruces economy grew moderately in the second quarter. Total nonfarm employment increased, but unemployment edged up. Mexico’s economic momentum continues in second quarter https://www.dallasfed.org/research/update/mex/2023/2305 Wed, 09 Aug 2023 16:15:00 EST Mexico’s GDP grew an annualized 3.6 percent in the second quarter, a slight deceleration from the previous quarter’s growth of 4.1 percent, but above analysts’ expectations of 3.4 percent. Austin Economic Indicators https://www.dallasfed.org/research/indicators/aus/2023/aus2308 Wed, 02 Aug 2023 21:47:00 EST Austin experienced broad job gains in June, with most sectors expanding. The unemployment rate declined, and hourly earnings continued to grow. Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2023/tei2307 Mon, 31 Jul 2023 21:34:00 EST The Texas economy expanded further in June, albeit at a slower pace. Employment grew in most sectors and across all major metros. Houston Economic Indicators https://www.dallasfed.org/research/indicators/hou/2023/hou2308 Mon, 31 Jul 2023 21:31:00 EST Houston employment was unchanged between March and June 2023 as gains in some sectors canceled out large losses in leisure and hospitality and other sectors. Mining employment ticked up, while the value of exports and the national rig count dropped. San Antonio Economic Indicators https://www.dallasfed.org/research/indicators/sa/2023/sa2308 Thu, 27 Jul 2023 17:44:00 EST San Antonio payroll jobs declined in June as the metro experienced mixed employment growth across sectors. In contrast, unemployment decreased as the labor force contracted. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org/research/indicators/dfw/2023/dfw2307 Wed, 26 Jul 2023 21:32:00 EST The Dallas–Fort Worth economy expanded in June as wages and employment grew and unemployment fell. Housing cooled, with housing sales declining and inventories staying flat. El Paso Economic Indicators https://www.dallasfed.org/research/indicators/ep/2023/ep2307 Wed, 26 Jul 2023 21:14:00 EST El Paso’s employment growth was mixed across sectors in June, but overall growth was flat. The business-cycle index increased, and the unemployment rate dropped. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2023/emp230721 Fri, 21 Jul 2023 21:56:00 EST The Texas Employment Forecast indicates that jobs will increase 2.5 percent in 2023, with an 80 percent confidence band of 2.1 to 3.0 percent. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2023/en2307 Thu, 13 Jul 2023 21:52:00 EST Oil and gas executives expect West Texas Intermediate (WTI) crude oil to end the year as high as $80 a barrel. Employment growth in the oil and gas sector is increasing at a slower rate compared with last year’s period of heightened energy prices, but it is still at robust levels. Austin Economic Indicators https://www.dallasfed.org/research/indicators/aus/2023/aus2307 Thu, 06 Jul 2023 18:54:00 EST In March, Austin’s economy experienced strong growth. Employment rebounded from the prior month’s decline, and the business-cycle index increased. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org/research/indicators/dfw/2023/dfw2306 Wed, 05 Jul 2023 20:55:00 EST The Dallas–Fort Worth economy expanded in May. Employment growth continued but slowed from April’s brisk pace. Mexico’s economic growth continues; outlook improves, inflation moderates further https://www.dallasfed.org/research/update/mex/2023/2304 Wed, 28 Jun 2023 17:52:00 EST Mexico’s proxy for monthly GDP grew an annualized 5.4 percent in April 2023, an acceleration from revised first-quarter growth of 4.1 percent. Houston Economic Indicators https://www.dallasfed.org/research/indicators/hou/2023/hou2307 Wed, 28 Jun 2023 15:59:00 EST Houston employment grew 2.4 percent in the three months ending in May—slower growth than both the state’s and the nation’s. Houston’s construction sector has not rebounded to prepandemic levels and lags Texas and the U.S. Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2023/tei2306 Mon, 26 Jun 2023 22:25:00 EST The Texas economy expanded further in May. Payrolls rose in most sectors, and jobless claims fell in mid-June. San Antonio Economic Indicators https://www.dallasfed.org/research/indicators/sa/2023/sa2307 Fri, 23 Jun 2023 17:09:00 EST San Antonio job growth accelerated as nearly all sectors experienced growth in May, and wages continued to rise but at a slower rate than in the prior month. In addition, the business-cycle rose and existing-home sales increased. However, unemployment went up. El Paso Economic Indicators https://www.dallasfed.org/research/indicators/ep/2023/ep2306 Wed, 21 Jun 2023 21:50:00 EST El Paso’s employment grew slightly and its business-cycle index inched up during May. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2023/emp230616 Fri, 16 Jun 2023 21:44:00 EST The Texas Employment Forecast indicates that jobs will increase 2.8 percent in 2023, with an 80 percent confidence band of 2.2 to 3.3 percent. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2023/en2306 Fri, 16 Jun 2023 12:49:00 EST Oil prices were affected little by Saudi Arabia’s decision to cut 1 million barrels a day (mb/d) in July. Crude and other liquids inventories in developed nations have been declining over the past year but are expected to rise through the end of 2024. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org/research/indicators/dfw/2023/dfw2305 Mon, 05 Jun 2023 22:50:00 EST Expansion continued in the DFW economy in April. Employment growth was strong, and the Dallas and Fort Worth business-cycle indexes rose. Austin Economic Indicators https://www.dallasfed.org/research/indicators/aus/2023/aus2306 Fri, 02 Jun 2023 19:33:00 EST In March, Austin’s economy experienced strong growth. Employment rebounded from the prior month’s decline, and the business-cycle index increased. Permian Basin Economic Indicators https://www.dallasfed.org/research/indicators/pb/2023/pb2302 Fri, 02 Jun 2023 16:59:00 EST Permian Basin employment slipped 0.2 percent over the first three months of 2023 even though the mining, logging and construction sector grew 8.5 percent. The region’s rig count is down as the price of oil has declined from its peak last summer. Houston Economic Indicators https://www.dallasfed.org/research/indicators/hou/2023/hou2306 Thu, 01 Jun 2023 21:41:00 EST Houston has gained 22,600 jobs so far in 2023, and overall employment growth is above trend. Construction has seen declines, but other sectors are posting relatively strong job growth. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org/research/indicators/dfw/2023/dfw2304 Tue, 30 May 2023 21:24:00 EST The Dallas–Fort Worth economy expanded modestly in March. Job growth slowed, and unemployment ticked up. Activity in the office market stayed weak, while demand for industrial space remained solid. El Paso Economic Indicators https://www.dallasfed.org/research/indicators/ep/2023/ep2305 Fri, 26 May 2023 18:01:00 EST El Paso’s economy experienced strong growth in April. Payrolls expanded across most sectors, the business-cycle index edged up, and unemployment fell. San Antonio Economic Indicators https://www.dallasfed.org/research/indicators/sa/2023/sa2306 Thu, 25 May 2023 21:41:00 EST The San Antonio economy expanded in April, as nearly all sectors experienced growth, wages continued to rise, and unemployment declined slightly. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2023/en2305 Thu, 25 May 2023 19:24:00 EST In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d). Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2023/tei2305 Thu, 25 May 2023 16:03:00 EST Texas’ economy expanded further in April. Employment gains accelerated in some sectors, while job openings moderated but remained elevated. Mexican economy picks up steam in first quarter https://www.dallasfed.org/research/update/mex/2023/2303 Wed, 24 May 2023 22:12:00 EST Mexico’s GDP grew at an annualized 4.5 percent in the first quarter, an acceleration from the previous quarter’s growth of 1.8 percent. Texas Employment Forecast https://www.dallasfed.org/research/forecast/2023/emp230519 Fri, 19 May 2023 23:09:00 EST The Texas Employment Forecast indicates that jobs will increase 2.6 percent in 2023, with an 80 percent confidence band of 2.0 to 3.2 percent. Energy Indicators https://www.dallasfed.org/research/energy/indicators/2023/test Wed, 17 May 2023 13:30:00 EST In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d). Southern New Mexico Economic Indicators https://www.dallasfed.org/research/indicators/snm/2023/snm2301 Mon, 15 May 2023 21:40:00 EST Southern New Mexico’s economy slowed on many fronts during the fourth quarter. Employment, home listings, cross-border trade and the rig count dropped. However, unemployment continued to decline. Austin Economic Indicators https://www.dallasfed.org/research/indicators/aus/2023/aus2305 Thu, 04 May 2023 14:10:00 EST In March, Austin’s economy experienced strong growth. Employment rebounded from the prior month’s decline, and the business-cycle index increased. Houston Economic Indicators https://www.dallasfed.org/research/indicators/hou/2023/hou2305 Tue, 02 May 2023 21:55:00 EST Houston employment grew 3.6 percent over the first three months of 2023, led by services. In the energy sector, the rig count and mining-related jobs are down as the cost of fuel declines from its summer 2022 peak. Texas Economic Indicators https://www.dallasfed.org/research/indicators/tei/2023/tei2304 Mon, 01 May 2023 17:42:00 EST Texas’ economy continued to expand in March. Employment growth was solid but moderated from earlier in the year.