Southwest Economy
Waco building on ‘Fixer Upper,’ Baylor notoriety to reinvent itself
Malcolm Duncan, whose tenure as Waco mayor coincided with the city’s emergence as a destination and area economic hub, discusses how the city has changed and where its future fortunes and challenges lie.
May 09, 2025
Southwest Economy
Industrial building boom is bigger in Texas, signaling growth wave
Texas is undergoing a boom in technology and energy-related construction that follows a pandemic-era warehouse and logistics building surge.
February 05, 2025
Dallas Fed Economics
As population trends shift, where will future workers come from?
Population is a fundamental determinant of a country’s productive capacity. More specifically, labor, along with capital and the efficiency with which the two can be combined (total factor productivity) determine how much a country can produce at any point in time.
January 07, 2025
Working Paper
Structural Change in Sub-Saharan Africa: An Open Economy Perspective
This paper studies the evolution of manufacturing value-added shares in 11 sub-Saharan African (SSA) countries through the lens of an open economy model of structural change.
December 24, 2024
Working Paper
Deindustrialization and Industry Polarization
This paper adds to recent evidence on deindustrialization and documents a new pattern: increasing industry polarization over time.
August 05, 2024
Speeches and essays
Opening remarks for Advance Together: Celebrating the achievements of Texas community partnerships
President Lorie K. Logan emphasizes the importance of community development as a key function of the Federal Reserve and highlights the cross-sector collaborations that have advanced education and workforce development.
July 24, 2024
Southwest Economy
Mexico’s productivity woes limit nearshoring, growth potential
Industrial policy reform, nearshoring and a deeper Mexico–U.S. partnership could provide tailwinds for Mexican economic growth. Whether Mexico can harness the full potential of such transformative change is less clear.
April 16, 2024
Southwest Economy
Development bank funds border infrastructure to aid U.S.–Mexico trade
Calixto Mateos, former managing director of the North American Development Bank, discusses his work at the NADBank and its role enhancing trade.
March 22, 2024
Dallas Fed Economics
Government-funded R&D produces long-term productivity gains
Our estimates indicate that government-funded R&D accounts for roughly one quarter of all business sector productivity growth since World War II, including one quarter of the deceleration in productivity growth since the late 1960s.
February 13, 2024
Working Paper
Demographic Transition, Industrial Policies and Chinese Economic Growth
This paper builds a unified framework to quantitatively examine how demographic transition and industrial policies have contributed to China’s economic growth in the past five decades.
February 07, 2024