Southwest Economy
Texas job growth expected to pick up following flat 2025
Texas economic output grew in 2025 but did so with near-zero job growth. The last time that happened was in 2002–03, when the state emerged from the dot-com bust into an extended jobless recovery.
February 20, 2026
Economic Surveys
Banking Conditions Survey
Loan volume and demand continued to increase in February. The expansion in overall loan volume has been supported entirely by commercial real estate loans; residential real estate, consumer and commercial and industrial loan volumes have been declining since the end of 2025.
February 17, 2026
Economic Surveys
Texas Service Sector Outlook Survey
Texas service sector activity grew in January, according to business executives responding to the Texas Service Sector Outlook Survey.
January 27, 2026
Economic Surveys
Texas Manufacturing Outlook Survey
Texas factory activity expanded solidly in January after contracting in December, according to business executives responding to the Texas Manufacturing Outlook Survey.
January 26, 2026
Economic Surveys
Banking Conditions Survey
Loan volume and demand increased in December after decreasing in the previous month. Loan volume was driven up by commercial real estate loans.
December 30, 2025
Economic Surveys
Texas service sector activity retreats slightly
Texas service sector activity was unchanged in December, according to business executives responding to the Texas Service Sector Outlook Survey.
December 30, 2025
Economic Surveys
Texas Manufacturing Outlook Survey
Texas factory activity contracted slightly in December after rising notably in November, according to business executives responding to the Texas Manufacturing Outlook Survey.
December 29, 2025
Economic surveys
Agricultural Survey
Bankers responding to the fourth-quarter survey reported stable conditions in the agricultural industry in most regions of the Eleventh District.
December 22, 2025
Dallas Fed Energy Survey
Lingering pessimism, uncertainty further weigh on oil and gas activity
Activity in the oil and gas sector edged lower in fourth quarter 2025, according to oil and gas executives responding to the Dallas Fed Energy Survey.
December 17, 2025
Economic Surveys
Texas service sector activity retreats slightly
Texas service sector activity contracted in November, though at a slower pace than in October, according to business executives responding to the Texas Service Sector Outlook Survey.
November 25, 2025