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Texas

  • Texas reclaims jobs lost in pandemic; some metros still trying to catch up

    The recovery from the pandemic recession ushered in a massive reallocation of employment between industries with repercussions for different areas of the state.

  • Economic Indicators

    Texas Economic Indicators

    The Texas Economy continues to expand, with payroll employment increasing at a rapid clip and the unemployment rate ticking down.

  • Dallas Fed Economics

    Texas economy strengthens as Omicron fades; costs and wages rise further

    The Texas economy, paced by expansion within the service sector, grew strongly in February as the impact of the omicron variant of COVID-19 faded.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economy continued to experience broad-based growth in January, with both employment and the business-cycle index climbing.

  • Economic Indicators

    Energy Indicators

    The Russian invasion of Ukraine has roiled the industry and sent global energy prices soaring. Downward revisions to oil and gas payroll data reveal that the pandemic oil bust has been much deeper than national data initially showed.

  • Dallas Fed Economics

    Federal aid helps border keep pace with Texas economy during pandemic turmoil

    U.S. pandemic relief policies boosted the border economy, helping it keep pace with state growth. The restoration of trade with Mexico and a surprise migration surge also supported more-recent border economic activity.

  • Dallas Fed Economics

    Solar lights up outlook for renewable energy in Texas

    Improving economics and government tax incentives have spurred investment in utility-scale solar facilities in Texas.

  • Dallas Fed Economics

    Pace of Texas economic growth slows as supply-chain, staffing woes persist

    The Texas economy continued expanding in December and January, though the pace of growth decelerated relative to the overall fourth-quarter pace.

  • Economic Indicators

    Energy Indicators

    Eroding inventories, heighted political tensions and uncertainty regarding spare production capacity from OPEC+ member countries kept global energy prices elevated through the end of 2021.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economy saw broad-based employment growth and a decline in unemployment in December. COVID-19 cases appear to have peaked in mid-January.