Texas service activity improves, but moderate growth continues
Texas service sector activity expanded at a faster pace in July 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 7.7 in July from 1.9 in June.
July 30, 2024
Texas Manufacturing Outlook Survey
Texas factory activity was flat again in July, according to business executives responding to the Texas Manufacturing Outlook Survey.
July 29, 2024
Economic Indicators
Texas Economic Indicators
In June, employment contracted slightly in Texas, while hourly earnings rose in the state and in most major metros. The unemployment rate was unchanged in Texas but ticked up for the nation.
July 26, 2024
Texas Employment Forecast
The Texas Employment Forecast estimates jobs will increase 1.9 percent in 2024, with an 80 percent confidence band of 1.4 to 2.4 percent.
July 22, 2024
Dallas Fed Communities
Moving up, falling back or staying still: How income mobility in Texas differs by race, ethnicity
This article analyzes how different demographic groups can climb the income ladder and move into higher-income groups.
July 19, 2024
Economic Indicators
Energy Indicators
Natural gas exports are recovering and poised to rise further. Real power prices are rising—achieving new highs—while the Electric Reliability Council of Texas (ERCOT) eyes the potential for August power outages.
July 17, 2024
Southwest Economy
Electricity providers hard pressed to keep up with growing tech-heavy demand
Dallas Fed economist Kunal Patel discusses the strains on the power grid, including those arising from Texas’ growing population, electrification of the economy, nearshoring and evolving technologies.
July 10, 2024
Austin
Austin’s ecosystem combines government, education and the tech industry
Dallas Fed President Lorie Logan's 360° Listening Tour is taking her to communities all around the Eleventh Federal Reserve District. The tour is helping deepen her understanding of the region’s people and economy by adding color and perspective that go beyond official statistics.
July 08, 2024
Economic Indicators
Texas Economic Indicators
The Texas economy posted above-averjob gains in May, with employment expanding in every major metro
June 28, 2024
Growth in Texas service activity moderates
Texas service sector activity expanded at a slower pace in June 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, fell to 1.9 in June from 6.7 in May.
June 25, 2024