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Energy

  • Economic Indicators

    Permian Basin Economic Indicators, November 2017

    Employment in the Permian Basin continued to grow in September while the unemployment rate fell. Permian Basin energy indicators were a mixed bag as the rig count contracted but production continued to expand.

  • Economic Indicators

    Permian Basin Economic Indicators, October 2017

    Permian Basin employment grew in August, and the unemployment rate ticked up. During September, estimated oil production and the rig count rose as did the average monthly price per barrel of West Texas Intermediate crude oil.

  • Dallas Fed Energy Survey

    Business activity continued to increase in the third quarter, but at a slower pace, according to oil and gas executives responding to the Dallas Fed Energy Survey.

  • Economic Indicators

    Permian Basin Economic Indicators, September 2017

    Permian Basin employment grew in July at a 1.1 percent monthly annualized rate, and the unemployment rate ticked up.

  • Economic Indicators

    Permian Basin Economic Indicators, August 2017

    In June, Permian Basin employment remained stable and the unemployment rate continued to fall. The average monthly price per barrel of West Texas Intermediate crude oil rose in July, while estimated production and the rig count continued to climb.

  • Economic Indicators

    Permian Basin Economic Indicators, July 2017

    In May, Permian Basin employment remained stable with a declining unemployment rate. The average monthly price per barrel of West Texas Intermediate crude oil fell in June, while estimated production and the rig count continued to rise.

  • Economic Indicators

    Permian Basin Economic Indicators, June 2017

    In April, the Permian Basin labor market remained stable with a declining unemployment rate. Average weekly wages fell in the Permian Basin and the state in fourth quarter 2016.

  • Economic Indicators

    Permian Basin Economic Indicators, May 2017

    In March, total nonfarm employment stayed stable and the unemployment rate fell. Housing is showing signs of improving as inventories drop, sales rise and prices remain stable.

  • Economic Indicators

    Permian Basin Economic Indicators, April 2017

    The Permian Basin labor market has shown signs of improvement over the past few months. The average price of West Texas Intermediate (WTI) crude oil edged down in March, but the Permian Basin rig count continued to grow.

  • Economic Indicators

    Permian Basin Economic Indicators, March 2017

    The Permian Basin labor market stayed relatively stable in 2016 compared with 2015, when the regional economy was tumbling with the oil market.