Southwest Economy, First Quarter 2021
COVID-19 slammed into Texas, leaving long-lasting impacts
The economic road from the COVID-19 recession in Texas will likely feature a steeper, more rapid climb than the usual gradual rise associated with most recoveries.
April 09, 2021
Southwest Economy, First Quarter 2021
Pandemic pushes Texas minority unemployment beyond highs reached during Great Recession
Recessions are hardest on minorities; the COVID-19 downturn is no different in that regard. More than half of Texas’ population is Hispanic or Black and the consequences are far-reaching if those groups lag behind economically.
April 09, 2021
Southwest Economy, First Quarter 2021
Collapsing fuel demand tanks Texas exports during pandemic’s peak
The COVID-19 pandemic wreaked havoc on Texas energy exports. U.S. energy exports excluding Texas were dramatically less affected.
April 09, 2021
Southwest Economy, First Quarter 2021
Dining out picks up in Texas, Houston
The number of patrons dining at restaurants surged in Texas and Houston after the state thawed from a deep freeze in February and COVID-19 constraints on restaurants and bars were lifted March 10.
April 09, 2021
What can be learned from the persistent electric power outages in Texas?
Texas suffered massive power outages during unusually cold temperatures in February. Millions of households lost access not only to power but also to heat and water for days—a situation that was foreseeable and could have been avoided.
April 01, 2021
Texas economic conditions improve as price pressures build
Economic conditions in Texas have improved, with the Texas Business Outlook Surveys in February showing a pickup in growth after a deceleration in January.
March 25, 2021
Effects of COVID-19 on tourism, energy weigh on Texas, New Mexico, Louisiana
Economic performance within the individual states of the Eleventh District reflected those states’ underlying relative dependence on the tourism and energy sectors and the effects of restrictions on mobility and engagement during COVID-19.
March 23, 2021
Anticipated federal restrictions would slow Permian Basin production
Possible changes to leasing and permitting requirements governing federal lands could move oil production, prompting a realignment of Permian Basin activity between Texas and New Mexico.
March 04, 2021
Texas economy soft in January, but outlook optimistic for later in 2021
Regional economic conditions appeared to deteriorate in January after picking up at year-end, data show. Nonetheless, there is optimism regarding the outlook for growth later this year.
February 04, 2021
COVID-19 resurgence across Texas depresses economic growth
Texas job growth has slowed after new daily COVID-19 cases in the state began surging in mid-October.
December 24, 2020