Economic Indicators
Energy Indicators
In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d).
April 26, 2023
Modest expansion continues in Texas service sector
Growth in Texas service sector activity continued in April, according to business executives responding to the Texas Service Sector Outlook Survey.
April 25, 2023
Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 2.8 percent in 2023, with an 80 percent confidence band of 2.1 to 3.5 percent.
April 21, 2023
Texas’ cheap housing edge slipping away as resilient demand outpaces supply
Housing affordability has declined in Texas, a top destination for domestic and international migrants drawn by its historically low cost of living.
April 21, 2023
Economic Indicators
Energy Indicators
The prices of many global energy products have come down since the start of the year. Global refined crude throughput has increased in the past year and is expected to continue to rise.
April 12, 2023
Economic Indicators
Texas Economic Indicators
Texas’ economy continued to expand in February. Payroll increases were mixed across sectors, and job openings remained elevated in March. Private hourly earnings fell.
March 30, 2023
Dallas Fed Economics
Strong Texas job gains encounter economic uncertainty, signs of slowing
Weakness in Texas’ manufacturing sector has been largely offset by modest service sector growth, producing a mixed overall economic picture.
March 30, 2023
Modest expansion continues in Texas service sector, though outlooks worsen
Growth in Texas service sector activity continued in March, according to business executives responding to the Texas Service Sector Outlook Survey.
March 28, 2023
Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 2.8 percent in 2023, with an 80 percent confidence band of 2.1 to 3.5 percent.
March 24, 2023
Economic Indicators
Texas Economic Indicators
Texas’ economy continues to expand in 2023. Employment gains were broad based in January, with growth in oil and gas outperforming all other major sectors. Existing-home sales and median home prices increased in January.
March 17, 2023