Waco
Waco’s business community thrives on partnerships, trust
A surge in business relocations, driven in part by Waco's central location in the geographic triangle formed by Texas' five largest cities, has served as a foundation for Waco’s growth in recent years.
June 24, 2025
Economic surveys
Agricultural Survey
Bankers responding to the second-quarter agriculture survey reported mildly improved conditions across most regions of the Eleventh District.
June 23, 2025
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.
June 20, 2025
Economic Indicators
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.
June 16, 2025
Southwest Economy
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.
June 06, 2025
Working Paper
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.
June 03, 2025
Economic Surveys
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.
May 28, 2025
Economic Surveys
Texas Manufacturing Outlook Survey
Texas factory activity held steady in May, according to business executives responding to the Texas Manufacturing Outlook Survey.
May 27, 2025
Austin
Innovation flourishes in Austin
Austin continues to grow as a place where research and creativity flourish. On a recent trip to the Texas capital, Dallas Fed President Lorie Logan visited with people representing various stages of the innovation cycle, from cutting-edge research to developing real-life applications.
May 23, 2025
Economic Indicators
Texas Economic Indicators
The Texas economy expanded in April. Employment growth was strong, and earnings rose. At the same time, the April Texas Business Outlook Surveys showed a continued decline in business activity.
May 22, 2025