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Texas

  • Economic surveys

    Agricultural Survey

    Bankers responding to the first-quarter survey reported sustained dry conditions across most regions of the Eleventh District.

  • Southwest Economy

    New Mexico fuels U.S. crude oil output, funding for local programs

    New Mexico has become a U.S. leader in energy production over the past five years, drawing on Permian Basin reserves in the southeastern corner of the state. Oil and gas proceeds fund an increasing share of state government, most notably involving education programs.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.9 percent in 2025, with an 80 percent confidence band of 1.2 to 2.6 percent.

  • Dallas Fed Economics

    Decline in bank stress likely to continue as interest rates normalize

    While the key measures suggest that conditions that hamper a bank’s resilience to economic adversity are marginally higher than before the pandemic in 2019, we expect further declines in bank stress levels as interest rates normalize.

  • Economic Surveys

    Growth in Texas service sector activity continues despite surge in uncertainty

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

  • Economic Surveys

    Texas Manufacturing Outlook Survey

    Texas factory activity fell in February after rising notably in January, according to business executives responding to the Texas Manufacturing Outlook Survey.

  • Texas Economic Outlook 2025

    On Feb. 7, 2025, Dallas Fed Vice President and Senior Economist Pia Orrenius released the Dallas Fed's forecast for Texas employment growth for the year and shared details on the factors likely to influence Texas economy in 2025.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.6 percent in 2025, with an 80 percent confidence band of 0.8 to 2.4 percent.

  • Southwest Economy

    Industrial building boom is bigger in Texas, signaling growth wave

    Texas is undergoing a boom in technology and energy-related construction that follows a pandemic-era warehouse and logistics building surge.

  • Dallas Fed Economics

    Texas economic sentiment upbeat amid price pressures, uncertainty

    Texas companies reported rising service sector revenue and a resumption of production growth in the manufacturing sector after weakness in 2023 and much of 2024, according to the Dallas Fed’s Texas Business Outlook Surveys (TBOS).