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Texas

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.7 percent in 2025, with an 80 percent confidence band of 1.3 to 2.1 percent.

  • Texas firms open to AI as tariff work-around strategy

    Firms are adopting AI and automation to offset rising tariff costs and shrinking margins, aiming to boost productivity and reduce labor needs amid economic challenges.

  • 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.

  • Texas Economy

    Texas service sector activity continues to decline

    Texas service sector activity remained in contractionary territory in June, according to business executives responding to the Texas Service Sector Outlook Survey.

  • Texas Manufacturing Outlook Survey

    Texas factory activity was largely unchanged in June, according to business executives responding to the Texas Manufacturing Outlook Survey.

  • Texas Economic Indicators

    The Texas economy grew in May. Employment growth was robust, as was labor force growth. The May Texas Business Outlook Surveys showed a moderation in wages and benefits growth.

  • 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.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 2.0 percent in 2025, with an 80 percent confidence band of 1.5 to 2.5 percent.

  • 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.