Fed liquidity facility successfully anchored commercial real estate amid pandemic
The Federal Reserve responded to the onset of the COVID-19 pandemic with several liquidity facilities to ensure a continuing flow of credit to households and businesses. The TALF, which financed highly rated asset-backed securities, proved especially important to supporting commercial real estate finance.
May 24, 2022
Texas job growth moderates as price pressures, supply-chain issues persist
Texas employment growth eased in March, though it remained steady in the first quarter and exceeded U.S. job growth.
May 12, 2022
Southwest Economy
Students cut college during pandemic; their return is uncertain
Postsecondary
institutions suddenly
closed their doors with
the arrival of COVID-19
in March 2020. Two years
later, the impacts are
coming into focus.
April 01, 2022
Southwest Economy, First Quarter 2022
Texas reclaims jobs lost in pandemic; some metros still trying to catch up
The recovery from the pandemic recession ushered in a massive reallocation of employment between industries with repercussions for different areas of the state.
April 01, 2022
Real-time market monitoring finds signs of brewing U.S. housing bubble
There is growing cause for concern that U.S. house prices are again becoming unhinged from fundamentals.
March 29, 2022
Texas economy strengthens as Omicron fades; costs and wages rise further
The Texas economy, paced by expansion within the service sector, grew strongly in February as the impact of the omicron variant of COVID-19 faded.
March 24, 2022
Federal aid helps border keep pace with Texas economy during pandemic turmoil
U.S. pandemic relief policies boosted the border economy, helping it keep pace with state growth. The restoration of trade with Mexico and a surprise migration surge also supported more-recent border economic activity.
March 01, 2022
Pandemic mortgage relief headed off delinquencies, but what happens now?
As more Texas mortgages exit forbearance, ZIP codes with larger vulnerability will be at particular risk for financial stress.
February 25, 2022
Real Wages Grew During Two Years of COVID-19 After Controlling for Workforce Composition
Despite recent negative real wage growth, workers have experienced real wage gains over the two years of the pandemic.
February 15, 2022
Pace of Texas economic growth slows as supply-chain, staffing woes persist
The Texas economy continued expanding in December and January, though the pace of growth decelerated relative to the overall fourth-quarter pace.
February 03, 2022