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Texas Economy
Texas service sector activity declines in November
Texas service sector activity contracted in November for the first time since December 2022, according to business executives responding to the Texas Service Sector Outlook Survey.
November 28, 2023
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Texas Manufacturing Outlook Survey
Texas factory activity contracted in November after two months of expansion, according to business executives responding to the Texas Manufacturing Outlook Survey.
November 27, 2023
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Surveys
Banking Conditions Survey
Credit standards continued to tighten, and loan pricing continued to rise at an above-average pace this period.
November 13, 2023
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Slowing Texas economy remains on track for a soft landing
The impact of a still-strong Texas jobs market and moderating business activities and costs suggest that the state’s economy may be headed for a soft landing following Fed policymaker efforts to cool inflationary pressures.
November 09, 2023
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Texas Economy
Texas service activity flat, outlook continues to worsen
Growth in Texas service sector activity stalled in October, according to business executives responding to the Texas Service Sector Outlook Survey.
October 31, 2023
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Texas Manufacturing Outlook Survey
Growth in Texas factory activity continued in October, according to business executives responding to the Texas Manufacturing Outlook Survey.
October 30, 2023
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Surveys
Banking Conditions Survey
Loan demand has been declining for a year, and the pace accelerated this period.
October 02, 2023
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Agricultural Survey
Bankers responding to the third-quarter survey reported overall weaker conditions across most regions of the Eleventh District.
October 02, 2023
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Globalization Institute Working Paper
Living Up to Expectations: Central Bank Credibility, the Effectiveness of Forward Guidance and Inflation Dynamics Post-Global Financial Crisis
This paper studies the effectiveness of forward guidance when central banks have imperfect credibility.
September 29, 2023
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Texas economic activity strengthens despite slowing job growth, greater price resistance
Texas employment growth slowed even as overall activity strengthened in August and September. Resistance to price increases rose.
September 28, 2023