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Texas

  • Amarillo

    Amarillo by morning

    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.

  • Southern Dallas

    Redevelopment helps revitalize Southern Dallas

    Dallas Fed President Lorie Logan's 360° in 365 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.

  • Economic Indicators

    Energy Indicators

    Gasoline and diesel prices have come down since the end of summer, with gasoline prices seeing a stronger decline. A drop in gasoline consumption contributed to bloated gasoline inventories, while consumption of diesel is still relatively healthy, contributing to higher refining margins for the heavier product.

  • New disruption from artificial intelligence exposes high-skilled workers

    With workers still grappling with the consequences of automation, the lightning-speed pace of artificial intelligence (AI) development poses fresh concerns of a new wave of worker displacement.

  • Texas service sector activity declines in November

    Texas service sector activity contracted in November for the first time since December 2022, according to business executives responding to the Texas Service Sector Outlook Survey.

  • Economic Indicators

    Texas Economic Indicators

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

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 3.2 percent in 2023, with an 80 percent confidence band of 3.0 to 3.4 percent.

  • Southwest Economy

    State output remains distinctly Texan, while jobs mix increasingly resembles the U.S.

    Lore and data have historically suggested that Texas is unlike any other place. Over the past 40 years, change has swept the state. Texas’ employment composition has increasingly come to resemble the entirety of the U.S., more so than even California or New York. But Texas economic output is another story.

  • Dallas Fed Economics

    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.

  • Economic Indicators

    Energy Indicators

    Oil and gas executives expect the rig count to remain at current levels at the start of next year. Exploration and production (E&P) firms—especially the smaller ones—are preparing to see higher well completion and drilling costs in 2024.