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Texas

  • Dallas Fed Economics

    El Paso aims to end brain drain with global manufacturing, higher-paying jobs

    Dallas Fed President Lorie K. Logan met with El Paso business and community leaders in mid-October in the second stop on her 360° in 365 Listening Tour.

  • Dallas Fed Economics

    Texas economic outlook weakens, price pressures persist

    The Texas economy shows continuing signs of softening, as output and employment indicators suggest slower growth relative to the first half of the year.

  • Economic Indicators

    Energy Indicators

    Refiners continued to boost activity as the country moved into the winter heating season amid low inventories and high margins.

  • Economic Indicators

    Energy Indicators

    Oil prices have eased from summer highs but remained elevated in October. Rising oilfield costs, labor shortages and supply-chain delays are limiting the capacity to grow, and drilling activity has leveled off.

  • Texas Service Sector Growth Weakens Further in September

    Activity in the Texas service sector increased at a slower pace in September, according to business executives responding to the Texas Service Sector Outlook Survey.

  • Economic Indicators

    Texas Economic Indicators

    Texas economic activity accelerated in September. Payrolls increased strongly and jobless claims dipped.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates that jobs will increase 4.4 percent in 2022, with an 80 percent confidence band of 3.9 to 4.8 percent.

  • Economic Indicators

    Energy Indicators

    Deteriorating global economic conditions have reduced expectations for oil consumption growth. OPEC+ has elected to cut production quotas in November, but underproduction by member countries is likely to mute the total impact.

  • Dallas Fed Economics

    Diverse, resilient Houston looking at moving beyond traditional energy base

    Dallas Fed President Lorie K. Logan met with Houston business and community leaders earlier this month in the stop on her 360° in 365 Listening Tour.

  • Supply chains slowly mend as Texas firms view recovery in 2023

    Since the COVID-19 pandemic began in early 2020, disrupted global supply chains have strained Texas businesses trying to meet strong demand.