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Texas

  • 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.

  • 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.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economic recovery continued in November, with payrolls growing strongly in all sectors and the unemployment rate declining.

  • 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.

  • 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.

  • 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.

  • Economic Indicators

    Energy Indicators

    While oil and gas drilling activity is rising globally, international rig counts remain well below prepandemic levels.