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Texas

  • Southwest Economy

    Oil prices are up; whither the Texas boom?

    Texas tends to report higher employment and output when oil prices sharply increase. But uncertainty regarding the duration of elevated prices could mute such impacts from the price shock following the closure of the Strait of Hormuz.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economy expanded in April. Overall, employment grew and the unemployment rate held steady.

  • Economic Surveys

    Texas Service Sector Outlook Survey

    Texas service sector activity expanded at about the same pace in May as the prior month, according to business executives responding to the Texas Service Sector Outlook Survey.

  • Economic Surveys

    Texas Manufacturing Outlook Survey

    Texas manufacturing output growth decelerated in May, according to business executives responding to the Texas Manufacturing Outlook Survey.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.8 percent in 2026, with an 80 percent confidence band of 1.2 to 2.4 percent.

  • Southwest Economy

    Texas economy shows resilience amid geopolitical uncertainty

    The Texas labor market showed signs of increasing momentum in early 2026, with employment growing 1.7 percent during the first quarter after a sluggish 2025.

  • Southwest Economy

    Trader remains bullish on cattle despite economic, contagion threats

    Leslie Callahan, a co-founder and principal of cattle trading firm Crossroads Cattle, discusses the reasons behind record-high beef prices and challenges facing the industry.

  • Southwest Economy

    Ranchers herd it all as fewer cattle pressure beef prices; screwworm lurks

    Texas cattle ranchers typically benefit from an increase in beef prices, but more recently, the reemergence of the flesh-eating New World screwworm parasite threatens the beef industry.

  • Southwest Economy

    Eleventh Federal Reserve District banks maintain growth, profitability heading into 2026

    Eleventh District banks, benefitting from steady profits, strong credit conditions and improving bank capital levels, are well positioned to compete in a changing regulatory environment.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.8 percent in 2026, with an 80 percent confidence band of 1.2 to 2.4 percent.