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Texas

  • Economic Surveys

    Texas Service Sector Outlook Survey

    Texas service sector activity grew slightly in February, according to business executives responding to the Texas Service Sector Outlook Survey.

  • Economic Surveys

    Texas Manufacturing Outlook Survey

    Texas factory activity continued to rise in February, according to business executives responding to the Texas Manufacturing Outlook Survey.

  • At the Heart of Texas

    At the Heart of Texas

    The third edition of this special report is a comprehensive look at the historical, economic and demographic profiles of 12 of Texas' key metropolitan areas with additional tables on average annual earnings, demographics and more.

  • Southwest Economy

    Texas job growth expected to pick up following flat 2025

    Texas economic output grew in 2025 but did so with near-zero job growth. The last time that happened was in 2002–03, when the state emerged from the dot-com bust into an extended jobless recovery.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economy decelerated at the end of 2025. Overall, employment growth slowed notably in Texas and major metro areas in 2025 relative to 2024, though payrolls expanded in December.

  • Economic Indicators

    Energy Indicators

    Global oil inventories are expected to rise over the next year as supply growth continues outpacing consumption. Chinese stockpiling has provided some price support. U.S. crude production is projected to remain stable supported by continued efficiency gains.

  • Working Papers

    Disparate Impacts of Teacher Certification Exams

    This paper uses Texas administrative data to assess the long-standing claim that teacher certification exams discriminate against underrepresented minority (URM) candidates.

  • Dallas Fed Economics

    How AI debt financing impacts duration supply and interest rates

    Financing needs related to AI data center investments are likely to be large and persistent. While the overall economics of such investments remains a topic of much debate, the duration supply implications for U.S. interest rate markets have received less attention.

  • At the Heart of Texas

    Overview: Texas and its metros

    Texas’ large cities provide an important growth advantage in addition to the state’s other favorable economic factors. Those include a central location; ample oil and gas deposits; well-trafficked ports by land, sea and air; proximity to Mexico; a rapidly growing population and workforce; a relatively low cost of living; and a relatively light regulatory burden.

  • At the Heart of Texas

    Amarillo: Services take root in panhandle’s ranching, transportation center

    Services have become the cornerstone of the economy while many manufacturing plants still thrive, contributing to relatively low poverty and unemployment rates.