Dallas Fed Economics
Texas economy grows modestly; business outlooks brighten
The Texas economy exhibited recent signs of expansion, though job growth has slowed. A measure of economic activity, The Dallas Fed Texas Business Outlook Surveys (TBOS), shows moderate gains in services revenue, a resumption of retail sales increases and stable manufacturing production.
December 24, 2024
Economic surveys
Agricultural Survey
Bankers responding to the fourth-quarter agricultural survey reported persistent weak conditions across most regions of the Eleventh District.
December 23, 2024
Texas Employment Forecast
The Texas Employment Forecast estimates jobs will increase 1.6 percent in 2024, with an 80 percent confidence band of 1.5 to 1.7 percent.
December 20, 2024
Southwest Economy
Electric reliability concerns spur Texas backup generation boom
Amid growing concerns about reliability of electricity services across power-hungry Texas, deployment of back-up power sources—microgrids and alternative generation—is increasing. These assets, serving customers ranging from college campuses to oilfield operations, help keep the lights on when disaster strikes.
December 06, 2024
Southwest Economy
New Mexico draws on energy, trade to spur economy
While New Mexico continues to navigate economic and demographic challenges, increased revenues from oil and gas production provide opportunities to invest in education, infrastructure and other improvements to boost long-term growth.
December 04, 2024
Texas service sector activity growth picks up slightly; outlooks improve
Texas service sector activity expanded at a slightly faster pace in November than the prior month, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, increased to 10.9.
November 26, 2024
Texas Manufacturing Outlook Survey
Texas factory activity was flat in November, according to business executives responding to the Texas Manufacturing Outlook Survey.
November 25, 2024
Southwest Economy
El Paso educator promotes student career gateway via community colleges
William Serrata, president of the El Paso County Community College District, discusses the unique, postpandemic challenges that community colleges face.
November 22, 2024
Texas Economic Indicators
The Texas economy softened in September. Employment fell while unemployment was flat. The October Texas Business Outlook Surveys headline indexes show expansion in both the manufacturing and services sectors.
November 21, 2024
Texas Employment Forecast
The Texas Employment Forecast estimates jobs will increase 2.2 percent in 2024, with an 80 percent confidence band of 2.0 to 2.4 percent.
November 15, 2024