Texas Economy
Growth stalls in Texas service sector while price pressures continue easing
Growth in Texas service sector activity slowed in April, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, fell from 4.0 to 0.3, with the near-zero reading suggestive of flat output growth.
April 29, 2024
Texas Manufacturing Outlook Survey
Texas factory output strengthened slightly in April, according to business executives responding to the Texas Manufacturing Outlook Survey.
April 29, 2024
Texas Economic Indicators
In March the Texas economy saw sluggish employment gains. Initial unemployment claims rose, and labor market tightness eased. The March Texas Business Outlook Surveys (TBOS) indicated upward price pressures for the rest of the year.
April 23, 2024
Texas Employment Forecast
The Texas Employment Forecast indicates jobs will increase 2.3 percent (329,400 jobs) in 2024, with an 80 percent confidence band of 1.7 to 3.0 percent.
April 19, 2024
Federal deficit, tax inequities, entitlement programs vie for lawmakers’ attention
Alan D. Viard, senior fellow emeritus at the American Enterprise Institute and former senior economist at the Federal Reserve Bank of Dallas, discusses federal entitlements and tax policy challenges during an era of rising deficits.
April 15, 2024
Research Department Working Papers
Texas Manufacturing Outlook Survey: Survey Methodology, Performance and Forecast Accuracy
This paper describes the survey methodology and analyzes the explanatory and predictive power of TMOS indexes with regard to other measures of state economic activity.
March 28, 2024
Improved business outlooks, faster job growth boost Texas outlook
A majority of Texas Business Outlook Surveys participants expect increasing demand over the next six months, signaling an improving business outlook, even as inflation and wage growth in Texas remain elevated.
March 28, 2024
Texas Economic Indicators
The Texas economy expanded strongly in February. Payroll growth strengthened and the unemployment rate remained flat as it has for the past seven months, while labor force growth slowed.
March 26, 2024
Texas Economy
Modest growth continues in Texas service sector
Texas service sector activity expanded in February after contracting in January, according to business executives responding to the Texas Service Sector Outlook Survey.
March 26, 2024
Texas Manufacturing Outlook Survey
Texas factory activity weakened in March after stabilizing in February, according to business executives responding to the Texas Manufacturing Outlook Survey.
March 25, 2024