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.
October 17, 2025
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.
October 09, 2025
Speech by President Lorie Logan
Why I’ll be cautious about further rate cuts
While the labor market has undeniably slowed, not all of the slowing represents economic slack, and inflation remains persistently above target.
September 30, 2025
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.
September 19, 2025
Renewable energy jobs surge, though data differ on where and by how much
Better understanding of the workforce implications of rising electricity demand, particularly at the state and local levels, is critical to planning and anticipating its economic and policy impacts.
August 26, 2025
San Antonio maintains business-friendly posture despite uncertainty
Dallas Fed President Lorie Logan's second visit to San Antonio on her 360 Listening Tour centered on how Bexar County business and community leaders are handling uncertainty driven by tariffs, immigration and artificial intelligence (AI).
August 25, 2025
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.
August 15, 2025
Texas economy softens amid uncertain outlook
Texas’ overall pace of economic growth is trending lower, with payroll employment declining in June, a marked turn from robust job gains earlier in 2025.
August 11, 2025
Research Department Working Papers
The Fatal Consequences of Brain Drain
This paper examines the welfare consequences of reallocating high-skilled labor across national borders.
August 04, 2025
Texas Employment Forecast
The Texas Employment Forecast indicates jobs will increase 1.7 percent in 2025, with an 80 percent confidence band of 1.3 to 2.1 percent.
July 18, 2025