Energy Indicators
Natural gas liquids production increased in 2024 as did exports. The number of U.S. chemical railcar loadings remained flat compared to last year. Intermediate chemical prices have risen in recent months, while chemical export numbers, adjusted for inflation, are on the decline.
February 20, 2025
Energy Indicators
U.S. exports of liquefied natural gas (LNG) are expected to continue to grow further into 2025. From October 2024 through the beginning of this year, U.S. natural gas and heating oil prices remained fairly steady.
January 23, 2025
Eleventh District community banks outperform peers despite weaker credit quality
Eleventh District community banks will likely continue to outperform their nationwide peers in terms of profitability, given their larger share of noninterest-bearing deposits.
December 27, 2024
Agricultural Survey
Bankers responding to the fourth-quarter agricultural survey reported persistent weak conditions across most regions of the Eleventh District.
December 23, 2024
New Mexico draws on energy, trade to spur economy
While New Mexico continues to navigate economic and demographic challenges, increased revenues from oil and gas production provide opportunities to invest in education, infrastructure and other improvements to boost long-term growth.
December 04, 2024
Southern New Mexico Economic Indicators
Economic activity was sluggish in Las Cruces in the third quarter. Employment was flat, and unemployment continued to rise. Hourly earnings slid further continuing a pattern since early 2023.
November 05, 2024
Agricultural Survey
Bankers responding to the third-quarter agricultural survey reported weaker conditions across most regions of the Eleventh District.
September 23, 2024
Old oil fields reimagined as lithium sources
The Smackover Formation, extending broadly from East Texas to Florida, is ground zero in the effort to produce lithium from oilfield brines.
September 20, 2024
Southern New Mexico Economic Indicators
Employment in Las Cruces grew above trend in the second quarter; however, unemployment ticked up in June and was higher than the state and nation. Growth in median home prices and apartment rents has subsided, but prices remain high.
August 30, 2024
El Paso, Juarez, Las Cruces: Cities representing three states, two countries, one community
Dallas Fed President Lorie Logan's 360° Listening Tour is taking her to communities all around the Eleventh Federal Reserve District. The tour is helping deepen her understanding of the region’s people and economy by adding color and perspective that go beyond official statistics.
June 18, 2024