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Texas

  • Texas Economy

    Growth resumes in Texas service sector activity

    Texas service sector activity expanded in July after contracting for two consecutive months, according to business executives responding to the Texas Service Sector Outlook Survey.

  • Texas Manufacturing Outlook Survey

    Texas factory activity picked up notably in July, according to business executives responding to the Texas Manufacturing Outlook Survey.

  • Texas Economic Indicators

    The Texas economy slowed in June. Employment declined, and the unemployment rate ticked down. The June Texas Business Outlook Surveys showed flat manufacturing activity and a mild contraction in the service sector.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.7 percent in 2025, with an 80 percent confidence band of 1.3 to 2.1 percent.

  • Texas firms open to AI as tariff work-around strategy

    Firms are adopting AI and automation to offset rising tariff costs and shrinking margins, aiming to boost productivity and reduce labor needs amid economic challenges.

  • Energy Indicators

    Production from OPEC+ member countries is increasing. That’s keeping downward pressure on oil prices, tempering the impact of recent attacks on Iran by Israel and the United States.

  • Texas Economy

    Texas service sector activity continues to decline

    Texas service sector activity remained in contractionary territory in June, according to business executives responding to the Texas Service Sector Outlook Survey.

  • Texas Manufacturing Outlook Survey

    Texas factory activity was largely unchanged in June, according to business executives responding to the Texas Manufacturing Outlook Survey.

  • Texas Economic Indicators

    The Texas economy grew in May. Employment growth was robust, as was labor force growth. The May Texas Business Outlook Surveys showed a moderation in wages and benefits growth.

  • Energy Indicators

    Retail gasoline and diesel prices continue to decline. Motor gasoline consumption remains in line with historic trends, and distillate fuel consumption dipped significantly in the first half of 2025. Natural gas liquids production continues to grow, as do exports.