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Texas

  • Economic Indicators

    Energy Indicators

    Natural gas liquids (NGLs) production increased in 2023, and exports grew to new heights. U.S. chemical production improved in 2023, helped by easing input costs. The petrochemicals sector saw softening prices, and the basic chemicals sector saw increasing real export values. 

  • Southwest Economy

    Brownsville experiencing greatest growth burst ‘in my lifetime’

    Texas National Bank President Joe Quiroga, a lifelong resident of the Lower Rio Grande Valley area and Dallas Fed director, discusses the area’s rapid growth and its future prospects.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economy expanded in November. Employment grew faster than in October, while unemployment remained flat.

  • Economic Indicators

    Energy Indicators

    U.S. exports of liquefied natural gas (LNG) are expected to continue to grow into 2024. Global natural gas and heating oil prices are subdued as the winter outlook has moderated, while propane prices are increasing but remain significantly below last year’s levels.

  • Texas service sector activity rebounds

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

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 3.2 percent in 2023, with an 80 percent confidence band of 3.1 to 3.3 percent.

  • Dallas Fed Economics

    Texas economic activity, job growth weaken as 2023 closes

    Texas economic growth slowed in the fourth quarter, with job growth falling sharply in October and business activity contracting slightly in November.

  • Southwest Economy

    WARN layoff notices signal easing Texas labor market

    Even with Texas employment growing rapidly and jobless rates remaining low in 2023, mass layoffs may be heading higher, according to notices of pending workforce reductions filed with state officials.

  • Widening gap between rich and poor poses challenge to U.S.

    Economist Jeffrey Fuhrer, a nonresident fellow at the Brookings Institution and former Boston Fed director of research, discusses the nation’s income and wealth gaps and offers proposals to close them. Fuhrer’s recently published book, “The Myth that Made Us,” explores inequalities in the nation’s economic system.

  • Lubbock

    Lubbock looks for new growth

    Dallas Fed President Lorie Logan's 360° Listening Tour is taking her to communities all around the Eleventh Federal Reserve District to deepen her understanding of the region’s people and economy.