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New Mexico

  • Central bank swaps offer dollar crisis lifeline to non-U.S. banks

    Starting in late 2007, the Federal Reserve, in partnership with a few major foreign central banks, began offering central bank dollar liquidity swap lines as an important liquidity backstop.

  • Agricultural Survey

    Bankers responding to the third-quarter agriculture survey reported somewhat better conditions across most regions of the Eleventh District.

  • Energy Indicators

    Global oil inventories are expected to grow in 2025 as analysts expect flat demand growth and an increase in OPEC+ production. A majority of Dallas Fed Energy survey firms reported tariffs increased the cost of drilling new wells.

  • Grading Texas education requires a closer look behind the numbers

    The adequacy of the Texas educational system, which enrolls more than 5.5 million children in public kindergarten-through-12 schools, has been a recurring source of concern in the state.

  • Second quarter 2025

    Southern New Mexico Economic Indicators

    Employment in Southern New Mexico grew in the second quarter. The unemployment rate fell but remained higher than the state and nation.

  • Energy Indicators

    Production from OPEC+ member countries is increasing. That’s keeping downward pressure on oil prices, tempering the impact of recent attacks on Iran by Israel and the United States.

  • Energy Indicators

    Retail gasoline and diesel prices continue to decline. Motor gasoline consumption remains in line with historic trends, and distillate fuel consumption dipped significantly in the first half of 2025. Natural gas liquids production continues to grow, as do exports.

  • Agricultural Survey

    Bankers responding to the second-quarter agriculture survey reported mildly improved conditions across most regions of the Eleventh District.

  • Energy Indicators

    Texas solar power generation grew faster compared to other fuel types in 2024, although natural gas and wind generation continue to make up the highest shares of Texas’ electricity grid.

  • Eleventh District banks rely on core business, stay profitable as loan growth softens

    Banks in the Federal Reserve Eleventh District have adapted to rising interest rates, which have discouraged new borrowing and complicated the transition to higher-earning loan portfolios, while credit remains strong as borrowers continue to make payments amidst economic growth.