Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 2.8 percent in 2023, with an 80 percent confidence band of 2.0 to 3.5 percent.
March 10, 2023
Southwest Economy
Texas to get new type of refinery: a lithium refinery
Tesla is developing the facility near Corpus Christi to produce battery-grade lithium hydroxide, a lithium chemical used in the high-performance lithium-ion batteries that companies such as Tesla prefer.
March 10, 2023
Dallas Fed Economics
High-tech hotspot Austin works to solve labor, housing issues
In the fourth stop on her 360° in 365 Listening Tour, Dallas Fed President Lorie K. Logan met with Austin business and community leaders in January to learn about the area’s strengths, challenges and outlook.
March 09, 2023
Texas service sector activity continues to grow, price pressures remain elevated
Growth in Texas service sector activity continued in February, according to business executives responding to the Texas Service Sector Outlook Survey.
February 28, 2023
Economic Indicators
Energy Indicators
Natural gas prices have plunged since the start of the year. An unusually warm winter in both the United States and Europe kept demand low during the heating season, and European countries were able to import sufficient amounts of non-Russian gas to forestall a winter energy crisis.
February 16, 2023
Dallas Fed Economics
Texas modestly grows with soft landing likely
Texas firms reported below-average output growth to start 2023, while employment and wage gains remained elevated despite indications of a softening labor market.
February 09, 2023
Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 1.4 percent in 2023, with an 80 percent confidence band of 0.7 to 2.2 percent.
February 03, 2023
Research Events
Texas Economic Outlook 2023
Dallas Fed Vice President and Senior Economist Pia Orrenius released the Dallas Fed's forecast for Texas employment growth for the year and shared details on the factors likely to influence Texas economy in 2023.
February 03, 2023
Texas service sector activity rebounds, but outlooks continue to worsen
Texas service sector activity remained mostly flat in December, according to business executives responding to the Texas Service Sector Outlook Survey.
January 31, 2023
Economic Indicators
Texas Economic Indicators
Texas’ economy continued to expand in December. Payroll gains were broad based, and the unemployment rate dipped. Growth in the Texas Business-Cycle Index cooled but remained above the 2000–22 average.
January 26, 2023