Economic Indicators
Energy Indicators
Natural gas prices have plunged since the start of the year. An unusually warm winter in both the United States and Europe kept demand low during the heating season, and European countries were able to import sufficient amounts of non-Russian gas to forestall a winter energy crisis.
February 16, 2023
Economic Indicators
Southern New Mexico Economic Indicators
Southern New Mexico’s economy slowed on many fronts during the fourth quarter. Employment, home listings, cross-border trade and the rig count dropped. However, unemployment continued to decline.
February 10, 2023
Economic Indicators
Energy Indicators
Energy prices have been dropping since summer as softening economic data and warmer-than-normal weather lowered demand expectations.
January 19, 2023
Economic Indicators
Energy Indicators
Oil prices have eased from summer highs but remained elevated in October. Rising oilfield costs, labor shortages and supply-chain delays are limiting the capacity to grow, and drilling activity has leveled off.
November 02, 2022
Economic Indicators
Energy Indicators
Refiners continued to boost activity as the country moved into the winter heating season amid low inventories and high margins.
November 02, 2022
Economic Indicators
Energy Indicators
Deteriorating global economic conditions have reduced expectations for oil consumption growth. OPEC+ has elected to cut production quotas in November, but underproduction by member countries is likely to mute the total impact.
October 21, 2022
Economic Indicators
Energy Indicators
Russia increasingly restricting natural gas supplies to Europe over the past year has pushed natural gas prices to stratospheric levels in Europe. The hunt for substitutes amid widespread heat waves is pulling many other energy prices up with it.
August 02, 2022
Dallas Fed Communities
Community broadband survey paves way for expanding digital access in southern New Mexico
Like millions of people across the U.S., many residents of Doña Ana County in southern New Mexico struggle to find the internet access they need for school, work and daily life.
July 27, 2022
Economic Indicators
Southern New Mexico Economic Indicators
The Las Cruces economy expanded in May as payroll employment grew and unemployment fell. Monthly trade volumes declined.
July 08, 2022
Economic Indicators
Southern New Mexico Economic Indicators
The Las Cruces economy expanded in May as payroll employment grew and unemployment fell. Monthly trade volumes declined.
July 08, 2022