Southwest Economy
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.
December 13, 2023
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.
December 01, 2023
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.
December 01, 2023
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.
December 01, 2023
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.
November 29, 2023
Southwest Economy
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.
November 29, 2023
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.
November 28, 2023
Economic Indicators
Texas Economic Indicators
The Texas economy expanded further in September. Employment grew strongly, and unemployment remained flat.
November 27, 2023
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.
November 17, 2023
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.
November 17, 2023