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Forecasting

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.1 percent in 2026, with an 80 percent confidence band of -0.5 to 2.7 percent.

  • Texas Employment Forecast

    December job growth was 1.7 percent in Texas, according to employment data released today by the Texas Workforce Commission and early benchmarked by the Dallas Fed. Job growth in 2025 came in at 0.1 percent (10,700 jobs), below the state’s long-term average growth of 2.0 percent.

  • Texas Employment Forecast

    The Texas Employment Forecast implies that employment growth was around zero in 2025, with an 80 percent confidence band of -0.3 to 0.3 percent.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 0.9 percent in 2025, with an 80 percent confidence band of 0.7 to 1.1 percent.

  • Immigration crackdown likely contributing to weak Texas job growth

    Findings from the Dallas Fed Texas Business Outlook Surveys (TBOS) suggest immigration policy changes will negatively affect the ability to hire and retain foreign-born workers at one in five Texas businesses this year.

  • Break-even employment declined after immigration changes

    Recent employment reports show U.S. payroll employment growth has cooled from its torrid pace in previous years, raising the question of whether this signals a healthy rebalancing or the start of a concerning slowdown.

  • Speech by President Lorie Logan

    The case for modernizing the FOMC’s operating target rate

    The time has come for the FOMC to prepare to target a different short-term interest rate. A repo rate would provide a more robust target than the current fed funds target.

  • Research Department Working Papers

    Pandemic and War Inflation: Lessons from the International Experience

    This paper examines the drivers of the 2020–23 inflation surge, with an emphasis on the similarities and differences across countries, as well as the role that monetary policy frameworks might have played in shaping central banks’ responses.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.3 percent in 2025, with an 80 percent confidence band of 1.0 to 1.6 percent.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.5 percent in 2025, with an 80 percent confidence band of 1.1 to 1.9 percent.