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Texas

 

  • 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.

  • Eleventh District banks rely on core business, stay profitable as loan growth softens

    Banks in the Federal Reserve Eleventh District have adapted to rising interest rates, which have discouraged new borrowing and complicated the transition to higher-earning loan portfolios, while credit remains strong as borrowers continue to make payments amidst economic growth.

  • Research Department Working Papers

    Local Labor Markets and Selection into the Teaching Profession

    Using administrative data from Texas, this paper tracks individuals from high school through college to the workforce to determine the effects of local labor markets on occupational choice.

  • Texas Economy

    Texas service sector activity declines modestly

    Texas service sector activity contracted in May, according to business executives responding to the Texas Service Sector Outlook Survey.

  • Texas Manufacturing Outlook Survey

    Texas factory activity held steady in May, according to business executives responding to the Texas Manufacturing Outlook Survey.