Texas

 

• Slowing Texas economy remains on track for a soft landing

  The impact of a still-strong Texas jobs market and moderating business activities and costs suggest that the state’s economy may be headed for a soft landing following Fed policymaker efforts to cool inflationary pressures.

  November 09, 2023

• Texas among states feeling most stressed by inflation

  As consumer prices have climbed at a faster rate in Texas and surrounding states than nationally—food and shelter increasing even more—Texans are feeling especially stressed about rising prices.

  November 07, 2023

• Texas Economy

  Texas service activity flat, outlook continues to worsen

  Growth in Texas service sector activity stalled in October, according to business executives responding to the Texas Service Sector Outlook Survey.

  October 31, 2023

• Texas Manufacturing Outlook Survey

  Growth in Texas factory activity continued in October, according to business executives responding to the Texas Manufacturing Outlook Survey.

  October 30, 2023

• Texas Economic Indicators

  The Texas economy expanded further in September. Employment grew strongly, and unemployment remained flat.

  October 25, 2023

• Texas Employment Forecast

  The Texas Employment Forecast indicates that jobs will increase 3.3 percent in 2023, with an 80 percent confidence band of 3.1 to 3.5 percent.

  October 20, 2023

• Hotter summer days heat up Texans but chill the state economy

  As climate change intensifies over the next decade, summer heat waves will likely become more common and severe. The effect on Texas GDP growth is likely to be twice as pronounced as in the rest of the U.S. Meanwhile, the effect on job growth will likely be relatively subdued but vary widely across sectors.

  October 18, 2023

• Record-breaking Texas summer heat tests the grid, ERCOT operations

  Texas just witnessed its second-hottest summer ever and its highest electricity demand without experiencing interruption to electricity delivery.

  October 17, 2023

• Texas economic activity strengthens despite slowing job growth, greater price resistance

  Texas employment growth slowed even as overall activity strengthened in August and September. Resistance to price increases rose.

  September 28, 2023

• Texas Economic Indicators

  Texas economic expansion slowed in August. Employment growth moderated, and unemployment remained flat.

  September 27, 2023