Texas expansion moderates; labor market, price expectations normalize
The housing market slowed, with sales down and inventories rising. Data reflecting strain among small businesses and low- and moderate-income households appeared mixed. Some data point to rising stress, while others suggest resilience.
August 08, 2024
Texas Economy
Texas service activity improves, but moderate growth continues
Texas service sector activity expanded at a faster pace in July than the prior month, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, increased to 7.7 in July from 1.9 in June.
July 30, 2024
Texas Manufacturing Outlook Survey
Texas factory activity was flat again in July, according to business executives responding to the Texas Manufacturing Outlook Survey.
July 29, 2024
Surveys
Banking Conditions Survey
Loan volumes grew at a faster pace in June, according to banking executives responding to the Banking Conditions Survey.
July 01, 2024
Surveys
Oil and gas activity rises modestly as production, employment little changed
Activity in the oil and gas sector grew in the second quarter of 2024, according to oil and gas executives responding to the Dallas Fed Energy Survey.
June 26, 2024
Texas Economy
Growth in Texas service activity moderates
Texas service sector activity expanded at a slower pace in June than the prior month, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, fell to 1.9 in June from 6.7 in May.
June 25, 2024
Texas firms using AI report little impact on employment
Learning how businesses use artificial intelligence (AI) helps policymakers understand changing economic conditions, particularly involving employment and productivity.
June 25, 2024
Texas Manufacturing Outlook Survey
Texas factory activity was flat in June, according to business executives responding to the Texas Manufacturing Outlook Survey.
June 24, 2024
Agricultural Survey
Bankers responding to the second-quarter survey reported improved conditions across most regions of the Eleventh District.
June 24, 2024
Service sector leads Texas gains; firms say credit constraints not binding
Texas economic activity expanded at a modest pace in May, driven by the service sector. Texas employment growth picked up, and the unemployment rate nudged up to 4.0 percent in April from 3.9 percent in March.
June 20, 2024