Dallas Fed Economics
Texas economy grows strongly despite mounting supply-chain woes, worker shortages
Continued growth in the national economy, strong increases in Texas leading indicators and high oil futures prices suggest continued strong job growth for the remainder of the year and into 2022.
December 23, 2021
Economic Indicators
Texas Economic Indicators
The Texas economic recovery continued in November, with payrolls growing strongly in all sectors and the unemployment rate declining.
December 21, 2021
Economic Indicators
Energy Indicators
Overall, global demand for petroleum is expected to surpass 2019 levels by the end of 2022, contingent on the course of COVID-19. In the meantime, the cost of global energy is elevated heading into winter.
December 16, 2021
Largest Texas metros lure big-city, coastal migrants during pandemic
High-frequency data show that migration to Texas has accelerated during the pandemic. The emergence of working from home has lessened both workers’ and some companies’ reliance on physical offices, clearing the way for the new wave of mobility.
December 15, 2021
Economic Indicators
Texas Economic Indicators
The Texas economy continued to expand broadly in October. Employment growth was strong and broad based across sectors, and the unemployment rate dipped further.
November 23, 2021
Economic Indicators
Energy Indicators
While oil and gas drilling activity is rising globally, international rig counts remain well below prepandemic levels.
November 16, 2021
Dallas Fed Economics
Delta surge disrupts Texas firms less than earlier COVID-19 waves, Dallas Fed surveys say
The overall impact on business of the summer and fall wave of the COVID-19 virus infection was more muted than initial surges because firms were better prepared and demand didn’t plunge as it did before, according to respondents to the Dallas Fed’s Texas Business Outlook Surveys.
November 16, 2021
Dallas Fed Economics
Texas Economy Grows Rapidly Despite Labor, Supply-Chain Constraints
Regional economic activity accelerated sharply in September and October following a summer and early-fall peak of a COVID-19 wave tied to the Delta variant.
November 09, 2021
Research Events
Energy and the Economy: Opportunities and Challenges of the Energy Transition
This joint virtual conference hosted by the Federal Reserve Bank of Dallas and Federal Reserve Bank of Kansas City focused on the outlook for global energy markets, regional and macro implications of the global energy transition, technology and advancing the energy transition, and the changing U.S. energy landscape.
November 05, 2021
Economic Indicators
Texas Economic Indicators
The Texas economy continued to recover in September. Payroll employment growth accelerated, and unemployment claims ticked up but remained near their lowest postpandemic levels.
October 26, 2021