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/ Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2018/en1802 Thu, 15 Feb 2018 14:02:00 EST Prices for West Texas Intermediate (WTI) crude oil went up in January to a three-year high. Permian Basin crude oil production continued to increase as the oil rig count continues to rise. Mexico Economic Growth Rebounds in Fourth Quarter https://www.dallasfed.org:443/research/update/mex/2018/1801 Fri, 09 Feb 2018 09:49:00 EST Mexico’s economic output recovered sharply in the fourth quarter, rising 4.1 percent after falling in the third quarter as a result of the September earthquakes. Data Point to Momentum in GDP Growth as Year Begins https://www.dallasfed.org:443/research/update/us/2018/1801 Fri, 02 Feb 2018 18:20:00 EST U.S. economic growth slowed in fourth quarter 2017 following two strong quarters. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2018/aus1802 Thu, 01 Feb 2018 12:08:00 EST Austin economic growth remained robust in December. The Austin Business-Cycle Index accelerated as job growth remained above trend and the unemployment rate held at a very low level. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2018/hou1802 Tue, 30 Jan 2018 16:07:00 EST Economic data were mostly positive for Houston in December. Employment grew, and business-cycle and leading indexes were indicative of healthy economic output and future growth. Construction and real estate metrics were mixed but pointed to a tighter housing market and increased construction ahead. Overall, the outlook for Houston remains positive. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/2018/ep1801 Fri, 26 Jan 2018 10:00:00 EST El Paso economic activity continues to climb. Maquiladoras in Ciudad Juárez are still adding jobs, and trade through the El Paso port of entry is steady. Home sales in El Paso remain robust, near all-time highs. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/2018/sa1801 Fri, 26 Jan 2018 10:08:00 EST The San Antonio economy expanded at a robust pace in December. The San Antonio Business-Cycle Index grew at its fastest pace since early 2015. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/2018/dfw1801 Wed, 24 Jan 2018 09:31:00 EST The Dallas–Fort Worth economy expanded modestly in December. The Dallas and Fort Worth business-cycle indexes continued to grow at year end, posting solid growth in 2017. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/2018/tei1801 Mon, 22 Jan 2018 16:16:00 EST The Texas economy strengthened in 2017. Though Texas employment growth was slower than expected in December, the Texas Leading Index strengthened. Texas Employment Forecast https://www.dallasfed.org:443/research/forecast Fri, 19 Jan 2018 13:47:00 EST Incorporating December employment growth of 0.6 percent and 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 1.2 to 4.4 percent. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/2018/en1801 Thu, 18 Jan 2018 12:17:00 EST Indicators for the Texas oil and gas sector continued to improve in December. Prices for West Texas Intermediate (WTI) crude oil rose in December. Texas oil and gas employment expanded further in November, marking 10 consecutive months of increases. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/2018/pb1801 Thu, 18 Jan 2018 16:22:00 EST Employment in the Permian Basin increased slightly, while unemployment inched up. Production continued its strong trajectory as the rig count continued to tick up. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/2018/aus1801 Fri, 05 Jan 2018 08:00:00 EST Economic growth in Austin was robust in November. The Austin Business-Cycle Index accelerated as jobs remained strong and the unemployment rate held at a very low level. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/2018/hou1801 Thu, 04 Jan 2018 09:50:00 EST Houston economic activity continued to improve in November. The Houston Business-Cycle Index ticked up, employment totals surpassed pre-hurricane levels, and mining-related employment increased. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/sa171228 Thu, 28 Dec 2017 15:31:00 EST The San Antonio economy continued to grow at a steady pace in November. The San Antonio Business-Cycle Index expanded above trend as jobs grew and the area unemployment rate stayed at a very low level. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/dfw171227 Wed, 27 Dec 2017 14:59:00 EST The Dallas–Fort Worth economy expanded at a rapid clip in November. The Dallas and Fort Worth business-cycle indexes continued to post above-trend gains, as job growth was strong. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/ep171227 Wed, 27 Dec 2017 17:03:00 EST Economic activity in El Paso remains solid. Maquiladoras in Ciudad Juárez continue to add jobs, and trade through the port remains steady. Home sales in El Paso remain robust, near all-time highs. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/tei171227 Wed, 27 Dec 2017 18:02:00 EST Texas economic growth was robust in November. The state posted strong job gains, and the unemployment rate fell to a record low for the second month in a row. Economic Outlook Stable Despite Weaker Third-Quarter Data https://www.dallasfed.org:443/research/update/mex/2017/1708 Fri, 22 Dec 2017 13:20:00 EST The consensus Gross Domestic Product (GDP) growth forecast for 2018 remained at 2.3 percent despite a downward revision of third quarter 2017 growth. Forecasters are predicting a bounce back in activity in the fourth quarter. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/en1712 Thu, 21 Dec 2017 11:03:00 EST Positive signs are continuing for the Texas oil and gas sector. Prices for West Texas Intermediate (WTI) crude oil rose in November. Texas oil and gas employment expanded further in October, marking nine consecutive months of increases. Permian Basin Economic Indicators https://www.dallasfed.org:443/research/indicators/pb/pb171221 Thu, 21 Dec 2017 10:57:00 EST Employment in the Permian Basin inched up in October while the unemployment rate fell. In November, Permian Basin production continued to expand while the rig count remained relatively stable. High Growth and Steady Inflation Mark End of 2017 https://www.dallasfed.org:443/research/update/us/2017/1708 Wed, 20 Dec 2017 17:18:00 EST The general economic picture at year-end 2017 is little changed from earlier in the year, with growth, employment and business confidence remaining strong. OPEC Extends Cuts, Opening Door for U.S. to Gain Further Market Share https://www.dallasfed.org:443/research/energy/energyupdate/2017/en1704 Mon, 18 Dec 2017 07:00:00 EST OPEC and some non-OPEC countries have agreed to extend their output cuts through next year despite losing market share. Crude oil prices have increased roughly 15 percent over the fourth quarter on the back of geopolitical turmoil in the Middle East and in anticipation of the agreement. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/aus171208 Fri, 08 Dec 2017 09:49:00 EST The Austin economy expanded at a robust pace in October. The Austin Business-Cycle Index continued to grow above its long-term rate, as jobs remained strong and the unemployment rate reached its lowest level since the late 1990s. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/hou171130 Thu, 30 Nov 2017 13:31:00 EST Recovery from Hurricane Harvey was evident in October data. Employment bounced back, job ads improved, and leading indexes were neutral to positive for job growth ahead. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/sa171124 Fri, 24 Nov 2017 08:49:00 EST The San Antonio economy grew at a steady pace in October. The San Antonio Business-Cycle Index expanded above trend as jobs surged and the area unemployment rate declined to a 16-year low. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/ep171122 Wed, 22 Nov 2017 09:30:00 EST Economic activity in El Paso remains solid. Maquiladora activity in Ciudad Juárez is healthy, and the El Paso housing market stayed strong, with sales near all-time highs. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/tei171121 Tue, 21 Nov 2017 12:41:00 EST The Texas economy strengthened in October. The state posted strong job gains, and the unemployment rate fell to a record low. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/dfw171121 Tue, 21 Nov 2017 18:18:00 EST The Dallas–Fort Worth economy continued to expand in October, with business-cycle indexes posting above-trend growth and payroll employment climbing in both metros. Mexico Posts Negative Growth in Third Quarter https://www.dallasfed.org:443/research/update/mex/2017/1707 Thu, 16 Nov 2017 08:56:00 EST Mexico’s economy contracted an annualized 0.8 percent in the third quarter, in part due to the economic disruption following two major earthquakes. Nevertheless, forecasters are predicting a bounceback in the fourth quarter. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/en1711 Thu, 16 Nov 2017 09:43:00 EST Positive signs are starting to reappear for the Texas oil and gas sector. Prices for West Texas Intermediate (WTI) crude oil rose in October. Texas oil and gas employment expanded further in September, marking eight consecutive months of increases. Permian Basin Economic Indicators, November 2017 https://www.dallasfed.org:443/research/indicators/pb/pb171116 Thu, 16 Nov 2017 13:28:00 EST Employment in the Permian Basin continued to grow in September while the unemployment rate fell. Permian Basin energy indicators were a mixed bag as the rig count contracted but production continued to expand. Southern New Mexico Economic Indicators https://www.dallasfed.org:443/research/indicators/snm/snm1703 Fri, 10 Nov 2017 18:05:00 EST Employment in Las Cruces remained relatively unchanged in the first nine months of the year. Home sales continue to show strength, and prices have ticked up. Trade through Santa Teresa has rebounded from a year ago, driven by gains in both imports and exports. U.S. Expansion Stays on Steady Course https://www.dallasfed.org:443/research/update/us/2017/1707 Mon, 06 Nov 2017 17:56:00 EST Despite recent hurricanes, economic data released since late September point to steady economic growth and underlying momentum through year-end and into 2018. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/aus171102 Thu, 02 Nov 2017 11:40:00 EST The Austin economy expanded at a robust pace in September. The Austin Business-Cycle Index grew above its long-term trend, buoyed by strong job growth and a further decline in the area unemployment rate. Trade data for 2016 show that Austin exports continued to rise even as they declined for the state overall. El Paso Economic Indicators https://www.dallasfed.org:443/research/indicators/ep/ep171101 Wed, 01 Nov 2017 09:19:00 EST Economic activity in El Paso remains solid. Nonfarm employment continued to climb in September. Maquiladora activity in Ciudad Juárez is healthy, and the El Paso housing market remains strong, with sales near all-time highs. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/hou171031 Tue, 31 Oct 2017 12:37:00 EST Hurricane Harvey significantly affected economic activity in Houston at the end of August and through a good portion of September. Available data indicate that recovery is well underway for some sectors. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/sa171026 Thu, 26 Oct 2017 14:00:00 EST The San Antonio economy continued to grow at a brisk pace in September. The San Antonio Business-Cycle Index expanded above trend, as jobs grew moderately and the area unemployment rate declined. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/dfw171024 Tue, 24 Oct 2017 10:09:00 EST The Dallas–Fort Worth economy strengthened in September. The Dallas and Fort Worth business-cycle indexes expanded further. Job gains were solid last month, and unemployment in both metros fell to its lowest level in a year, pointing to further tightening in labor markets. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/tei171023 Mon, 23 Oct 2017 15:10:00 EST Texas economic indicators were mixed in September. Employment contracted as a result of the impact of Hurricane Harvey, and exports and existing-home sales weakened in August. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/en1710 Thu, 19 Oct 2017 08:30:00 EST Prices for both West Texas Intermediate (WTI) crude oil and Henry Hub natural gas rose slightly in September. The WTI–Brent spread widened to the highest level since March 2015 as crude inventories at Cushing rose. Permian Basin Economic Indicators, October 2017 https://www.dallasfed.org:443/research/indicators/pb/pb171011 Wed, 11 Oct 2017 18:54:00 EST Permian Basin employment grew in August, and the unemployment rate ticked up. During September, estimated oil production and the rig count rose as did the average monthly price per barrel of West Texas Intermediate crude oil. 2018 Outlook Unchanged Despite Harvey Impacts https://www.dallasfed.org:443/research/energy/energyupdate/2017/en1703 Fri, 06 Oct 2017 16:05:00 EST The destructive hurricane season that impacted the U.S. and Caribbean this year also threatened the oil and gas sector across the Gulf Coast. Yet only Hurricane Harvey substantially affected the sector, and many of Harvey’s effects are already fading. Austin Economic Indicators https://www.dallasfed.org:443/research/indicators/aus/aus171005 Thu, 05 Oct 2017 14:23:00 EST The Austin economy expanded at a moderate pace in August. Growth in the Austin Business-Cycle Index continued to fall below its long-term trend as jobs declined in August, although the area unemployment rate remained flat at a low level. Mexico Growth Stalls in July https://www.dallasfed.org:443/research/update/mex/2017/1706 Mon, 02 Oct 2017 10:58:00 EST Mexico’s economic output contracted in July as the monthly gross domestic product (GDP) measure declined. Before release of the most recent data, the consensus 2017 GDP growth forecast had been revised higher, to 2.2 percent in August from 2 percent in July. El Paso Economic Indicators, September 2017 https://www.dallasfed.org:443/research/indicators/ep/ep170929 Fri, 29 Sep 2017 16:50:00 EST Economic activity in El Paso remains solid. Although El Paso posted monthly job losses in August, year-to-date gains are still robust. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/hou170926 Tue, 26 Sep 2017 12:15:00 EST The Houston economy continued to expand at a modest, but slower, pace through August. The business-cycle index and employment data were weaker, and the energy industry provided less of a boost to Houston over the summer. National Economy on Solid Footing Before Arrival of Hurricanes Harvey and Irma https://www.dallasfed.org:443/research/update/us/2017/1706 Mon, 25 Sep 2017 13:13:00 EST Hurricanes Harvey and Irma, if taken together, would rank among the costliest weather-related disasters in U.S. history based on the estimated value of destroyed or damaged property and infrastructure. San Antonio Economic Indicators https://www.dallasfed.org:443/research/indicators/sa/sa170922 Fri, 22 Sep 2017 08:00:00 EST The San Antonio economy accelerated in August. The San Antonio Business-Cycle Index expanded at its fastest pace since 2016, as the area unemployment rate held flat but job growth surged. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/en1709 Fri, 22 Sep 2017 08:30:00 EST In August, prices for West Texas Intermediate (WTI) crude oil rose slightly, while natural gas prices fell marginally. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/dfw170919 Tue, 19 Sep 2017 13:58:00 EST The Dallas–Fort Worth (DFW) economy continued to expand in August. Job growth was modest, and the unemployment rate edged up in both metros. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/tei170918 Mon, 18 Sep 2017 00:00:00 EST The Texas economy expanded in August. Employment rose and unemployment declined. The impact of Hurricane Harvey (which made landfall in Texas on Aug. 25) was not reflected in the August employment figures, as payroll data are typically collected around the 12th day of the month. The Texas Business Outlook Surveys suggested continued growth. Permian Basin Economic Indicators, September 2017 https://www.dallasfed.org:443/research/indicators/pb/pb170913 Wed, 13 Sep 2017 17:02:00 EST Permian Basin employment grew in July at a 1.1 percent monthly annualized rate, and the unemployment rate ticked up. Austin Economic Indicators, September 2017 https://www.dallasfed.org:443/research/indicators/aus/aus170907 Thu, 07 Sep 2017 18:23:00 EST The Austin economy expanded at a moderate pace in July. The Austin Business-Cycle Index continued to grow near its long-term trend, with declining jobs in July offset to some degree by a further fall in the area jobless rate. Houston Economic Indicators https://www.dallasfed.org:443/research/indicators/hou/hou170829 Tue, 29 Aug 2017 11:16:00 EST The Houston economy continued to expand at a moderate pace through July. Bankruptcy filings, which are a lagging indicator of business conditions, increased markedly in the first half of the year. Leading indicators continue to suggest modest to moderate job growth going forward. San Antonio Economic Indicators, August 2017 https://www.dallasfed.org:443/research/indicators/sa/sa170825 Fri, 25 Aug 2017 11:22:00 EST The San Antonio economy grew at a steady pace in July. The San Antonio Business-Cycle Index expanded above trend as jobs stayed flat, but the area unemployment rate declined sharply. El Paso Economic Indicators, August 2017 https://www.dallasfed.org:443/research/indicators/ep/ep170824 Thu, 24 Aug 2017 17:38:00 EST Economic activity in El Paso remains robust. Solid growth continues to be driven by the services industry and by strong maquiladora activity in Ciudad Juárez. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/dfw170822 Tue, 22 Aug 2017 14:29:00 EST The Dallas–Fort Worth economy strengthened in July. Job growth picked up, and expansion in the Dallas and Fort Worth business-cycle indexes accelerated. Texas Economic Indicators https://www.dallasfed.org:443/research/indicators/tei/tei170821 Mon, 21 Aug 2017 00:00:00 EST The Texas economy continued to expand in July. Job growth was somewhat soft in the month, and unemployment declined. The Texas Business Outlook Surveys suggested continued growth in the manufacturing and service sectors, and company outlooks remained optimistic. The Texas Leading Index edged up in July. Southern New Mexico Economic Indicators, Second Quarter 2017 https://www.dallasfed.org:443/research/indicators/snm/snm1702 Fri, 18 Aug 2017 14:34:00 EST Employment in Las Cruces has remained relatively stable in the first half of the year. Home sales continue to show some strength, and home prices have ticked up. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/en1708 Thu, 17 Aug 2017 13:23:00 EST Prices for West Texas Intermediate (WTI) crude oil rose slightly in July, while Henry Hub natural gas prices changed little. Texas oil and gas employment continued to rise in June. <br /> Permian Basin Economic Indicators, August 2017 https://www.dallasfed.org:443/research/indicators/pb/pb170810 Thu, 10 Aug 2017 20:15:00 EST In June, Permian Basin employment remained stable and the unemployment rate continued to fall. The average monthly price per barrel of West Texas Intermediate crude oil rose in July, while estimated production and the rig count continued to climb. Mexico Economy Continues Expanding in Second Quarter https://www.dallasfed.org:443/research/update/mex/2017/1705 Tue, 08 Aug 2017 09:55:00 EST Mexico’s economy posted solid growth in second quarter 2017, although gross domestic product (GDP) growth ticked down slightly from the first quarter, according to the government’s advance estimate. Recent data on exports, industrial production and employment improved, but retail sales fell. Austin Economic Indicators, August 2017 https://www.dallasfed.org:443/research/indicators/aus/aus170804 Fri, 04 Aug 2017 09:51:00 EST Growth in the Austin economy remained moderate in June. The Austin Business-Cycle index continued to grow near its long-term trend, as jobs were weak, but the unemployment rate fell to its lowest level since the end of the tech boom in 2001. Houston Economic Indicators, August 2017 https://www.dallasfed.org:443/research/indicators/hou/hou170801 Tue, 01 Aug 2017 15:21:00 EST June data were generally positive for Houston, pointing toward a healthy economy. The metro business-cycle index expanded at its historical average pace, employment growth was very strong and job ads continued to climb. Outlook Points to Improved Growth in Second Half https://www.dallasfed.org:443/research/update/us/2017/1705 Fri, 28 Jul 2017 14:34:00 EST Economic indicators released the past two months point to stronger growth in second quarter 2017 and the rest of the year. The economy is close to full employment, and business and consumer confidence remains strong. San Antonio Economic Indicators, July 2017 https://www.dallasfed.org:443/research/indicators/sa/sa170727 Thu, 27 Jul 2017 19:28:00 EST The San Antonio economy continued to grow moderately in June. Jobs increased at a modest pace, and the unemployment rate declined and remains well below its long-term average. El Paso Economic Indicators, July 2017 https://www.dallasfed.org:443/research/indicators/ep/ep170726 Wed, 26 Jul 2017 18:05:00 EST Economic activity in El Paso remains robust. Solid growth continues to be driven by the services industry and by strong maquiladora activity in Ciudad Juárez. Dallas-Fort Worth Economic Indicators https://www.dallasfed.org:443/research/indicators/dfw/dfw170725 Tue, 25 Jul 2017 17:00:00 EST The Dallas–Fort Worth economy continued its expansion in June, albeit at a slower pace than in May. Job growth was nearly flat, and expansion in the Dallas and Fort Worth business-cycle indexes moderated. Texas Economic Indicators, July 2017 https://www.dallasfed.org:443/research/indicators/tei/tei170724 Mon, 24 Jul 2017 17:34:00 EST Texas economic indicators strengthened in June. Employment growth accelerated and unemployment declined. Texas Business Outlook Survey headline indexes indicated continued growth, and the Texas Business-Cycle Index and Texas exports ticked up. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/en1707 Thu, 20 Jul 2017 15:16:00 EST Prices for West Texas Intermediate (WTI) crude oil declined further in June, and Henry Hub natural gas prices also fell after a recent run-up. However, most indicators for the oil and gas sector continued to increase. Permian Basin Economic Indicators, July 2017 https://www.dallasfed.org:443/research/indicators/pb/pb170713 Thu, 13 Jul 2017 14:22:00 EST In May, Permian Basin employment remained stable with a declining unemployment rate. The average monthly price per barrel of West Texas Intermediate crude oil fell in June, while estimated production and the rig count continued to rise. World Still Knee-Deep in Crude Oil Despite Cuts https://www.dallasfed.org:443/research/energy/energyupdate/2017/en1702 Mon, 10 Jul 2017 17:17:00 EST Elevated stocks of crude continue to weigh on global oil prices, and markets are facing the likelihood that elevated crude inventories will persist much longer than expected a few months ago. Austin Economic Indicators, July 2017 https://www.dallasfed.org:443/research/indicators/aus/aus170706 Thu, 06 Jul 2017 15:32:00 EST Growth in the Austin economy remained soft in May. Following the release of updated retail sales and wage data, growth in the Austin Business-Cycle Index year to date was revised down and remained weak relative to the past several years. El Paso Economic Indicators, June 2017 https://www.dallasfed.org:443/research/indicators/ep/ep170629 Thu, 29 Jun 2017 14:23:00 EST El Paso economic activity continues to expand. Solid growth in El Paso is being driven by the services industry and by strong maquiladora activity in Ciudad Juárez. Mexico's First-Quarter Growth Revised Higher https://www.dallasfed.org:443/research/update/mex/2017/1704 Tue, 27 Jun 2017 11:30:00 EST Mexico’s economy grew faster in first quarter 2017 than previously estimated. Gross domestic product (GDP) increased 2.7 percent, according to the government’s second estimate. Consequently, the consensus 2017 GDP growth forecast was revised to 2 percent from 1.7 percent in April. Houston Economic Indicators, June 2017 https://www.dallasfed.org:443/research/indicators/hou/hou170626 Mon, 26 Jun 2017 12:21:00 EST May data were mixed for the Houston metro area. The business-cycle index continued to signal a moderate expansion. Labor market data indicated job growth, the energy sector improved significantly and low fuel prices helped consumers. San Antonio Economic Indicators, June 2017 https://www.dallasfed.org:443/research/indicators/sa/sa170622 Thu, 22 Jun 2017 17:55:00 EST The San Antonio economy grew moderately in May. Jobs increased at a subdued but positive pace, while the unemployment rate declined for a second month to its lowest point so far this year. Texas Economic Indicators, June 2017 https://www.dallasfed.org:443/research/indicators/tei/tei170620 Tue, 20 Jun 2017 08:58:00 EST Texas economic indicators suggested continued growth in May. Employment growth accelerated during the month. DFW Economic Indicators, June 2017 https://www.dallasfed.org:443/research/indicators/dfw/dfw170620 Tue, 20 Jun 2017 18:29:00 EST The Dallas–Fort Worth economy expanded in May, with payroll employment rising and growth in the Dallas and Fort Worth business-cycle indexes accelerating during the month. U.S. Economic Picture for First Half of 2017 Changes Little https://www.dallasfed.org:443/research/update/us/2017/1704 Mon, 19 Jun 2017 15:31:00 EST Economic indicators released in May and June point to continued moderate growth and a mostly unchanged outlook for the U.S. The economy is approaching full employment, long-term inflation expectations remain anchored despite a recent dip in inflation, and real gross domestic product (GDP) is projected to grow at a moderate rate in 2017 and 2018. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/en1706 Thu, 15 Jun 2017 09:55:00 EST Many indicators for the oil and gas sector continued to increase in May. Prices for West Texas Intermediate (WTI) crude oil fell slightly after rising in April, while Henry Hub natural gas prices edged up again. Permian Basin Economic Indicators, June 2017 https://www.dallasfed.org:443/research/indicators/pb/pb170614 Wed, 14 Jun 2017 18:03:00 EST In April, the Permian Basin labor market remained stable with a declining unemployment rate. Average weekly wages fell in the Permian Basin and the state in fourth quarter 2016. Austin Economic Indicators, June 2017 https://www.dallasfed.org:443/research/indicators/aus/aus170601 Thu, 01 Jun 2017 14:09:00 EST The Austin economy continued to see steady growth in April. The Austin Business-Cycle Index grew near its long-term average as jobs increased modestly and the unemployment rate declined. Houston Economic Indicators, May 2017 https://www.dallasfed.org:443/research/indicators/hou/hou170530 Wed, 31 May 2017 09:23:00 EST Data were positive for Houston in April. The business-cycle index continues to signal a modest expansion is underway. San Antonio Economic Indicators, May 2017 https://www.dallasfed.org:443/research/indicators/sa/sa170525 Thu, 25 May 2017 18:24:00 EST Growth in the San Antonio economy continued at a healthy pace in April. Jobs increased robustly, while the unemployment rate declined even as the labor force continued to expand. El Paso Economic Indicators, May 2017 https://www.dallasfed.org:443/research/indicators/ep/ep170524 Wed, 24 May 2017 18:02:00 EST El Paso economic activity continues to expand, partially driven by the health care industry and by strong maquiladora activity in Ciudad Juárez. DFW Economic Indicators, May 2017 https://www.dallasfed.org:443/research/indicators/dfw/dfw170523 Tue, 23 May 2017 17:50:00 EST The Dallas–Fort Worth economy grew modestly in April. While still positive, the Dallas and Fort Worth business-cycle indexes decelerated during the month, with growth falling below their long-term averages. Texas Economic Indicators, May 2017 https://www.dallasfed.org:443/research/indicators/tei/tei170522 Mon, 22 May 2017 18:17:00 EST The Texas economy expanded at a moderate pace in April. While employment growth accelerated, it was mixed across major Texas metros. Southern New Mexico Economic Indicators, First Quarter 2017 https://www.dallasfed.org:443/research/indicators/snm/snm1701 Thu, 18 May 2017 16:44:00 EST Employment in Las Cruces and New Mexico was relatively stable through the first quarter. Home sales continued to show some strength, and home prices have remained steady since last year. Trade through Santa Teresa saw a notable increase in March but is still down from the same time last year. Energy Indicators https://www.dallasfed.org:443/research/energy/indicators/en1705 Thu, 18 May 2017 10:38:00 EST The oil and gas sector continued its recovery in April. Prices for West Texas Intermediate (WTI) crude oil slightly rebounded from the drop in March, and Henry Hub natural gas prices continued to rise. Mexico Economy Expands in First Quarter; Fourth Quarter Revised Higher https://www.dallasfed.org:443/research/update/mex/2017/1703 Wed, 17 May 2017 16:13:00 EST Mexico's economy grew solidly in the first quarter despite higher inflation, interest rates and uncertainty over trade relations. Soft First-Quarter GDP Data Inconsistent with Other Strong Indicators https://www.dallasfed.org:443/research/update/us/2017/1703 Thu, 11 May 2017 11:03:00 EST The advance estimate of U.S. gross domestic product (GDP) growth in the first quarter was rather disappointing. Personal consumption expenditures (PCE), business fixed investment, residential fixed investment and net exports contributed to output growth; however, these gains were nearly offset by a decline in private inventory investment and government spending. Permian Basin Economic Indicators, May 2017 https://www.dallasfed.org:443/research/indicators/pb/pb170510 Wed, 10 May 2017 17:01:00 EST In March, total nonfarm employment stayed stable and the unemployment rate fell. Housing is showing signs of improving as inventories drop, sales rise and prices remain stable. Austin Economic Indicators, May 2017 https://www.dallasfed.org:443/research/indicators/aus/aus170504 Thu, 04 May 2017 18:12:00 EST The Austin economy continued to expand in March. Growth in the Austin Business-Cycle Index held steady at slightly below its long-term average. Houston Economic Indicators, May 2017 https://www.dallasfed.org:443/research/indicators/hou/hou170501 Mon, 01 May 2017 16:58:00 EST Economic data were mostly positive for Houston in the first quarter of 2017 and suggest a cautiously optimistic outlook for Houston. El Paso Economic Indicators, April 2017 https://www.dallasfed.org:443/research/indicators/ep/ep170427 Thu, 27 Apr 2017 08:35:00 EST The El Paso economy continues to expand, boosted by a solid job market and stronger wages. Trade through El Paso ports has slowed as exports have declined. San Antonio Economic Indicators, April 2017 https://www.dallasfed.org:443/research/indicators/sa/sa170427 Thu, 27 Apr 2017 16:51:00 EST Growth in the San Antonio economy picked up in March. Jobs increased at a moderate pace, and the unemployment rate declined after rising the first two months of the year. DFW Economic Indicators, April 2017 https://www.dallasfed.org:443/research/indicators/dfw/dfw170426 Wed, 26 Apr 2017 09:06:00 EST The Dallas–Fort Worth economy expanded in March, with payroll employment rising an annualized 2.0 percent. Texas Economic Indicators, April 2017 https://www.dallasfed.org:443/research/indicators/tei/tei170424 Mon, 24 Apr 2017 17:00:00 EST The Texas economy continued to expand in March. Employment growth was an annualized 1.5 percent during the month. Exports picked up in February.