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Texas

  • 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.

  • 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.

  • Dallas Fed Economics

    Texas birth-rate decline complicates economic growth prospects

    Lower birth rates are associated with less growth and a more rapidly aging population and, hence, slower economic expansion.

  • Economic Indicators

    Energy Indicators

    Hurricane Ida temporarily impacted refining and petrochemical production, but the recovery was well underway for most facilities by the end of September.

  • Once-oil-dependent Texas economy to keep growing as renewable energy expands

    The negative environmental impacts of global warming have motivated the beginnings of a global transition from traditional fossil fuels to renewable energy.

  • Federal support keeps state budgets (including Texas’) healthy amid tumult from COVID-19-induced economic ills

    An unprecedented federal fiscal response to the COVID-19-induced recession in early 2020 helped prop up state government finances even among states whose tax and finance structures put them at particular risk during a downturn.

  • Birth rates falling faster in Texas than U.S.

    Although birth rates in Texas remain higher than in the U.S., their decline since 2007 has been particularly noteworthy.

  • Dallas Fed Economics

    Supply-chain woes, labor shortages and COVID-19 slow resilient Texas economy

    Regional economic growth has slowed, though it remains robust by historical standards. While demand has improved from year-ago levels, supply-chain disruptions and labor shortages have limited output growth and pushed up wages and prices.

  • Economic Indicators

    Texas Economic Indicators

    Texas economic activity continues to expand. Payrolls increased in August in all sectors except leisure and hospitality and construction, and unemployment declined.

  • Economic Indicators

    Energy Indicators

    U.S. oil and gas payrolls continued to increase in July. Oil prices rose in response to recovering demand, limited supply growth and eroding inventories. Natural gas prices increased due to healthy domestic and export demand and disruptions related to Hurricane Ida.