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Texas

  • Economic Indicators

    Texas Economic Indicators

    The Texas economy showed signs of a slowing expansion in January as payroll employment growth softened and unemployment claims remained elevated.

  • Dallas Fed Economics

    Anticipated federal restrictions would slow Permian Basin production

    Possible changes to leasing and permitting requirements governing federal lands could move oil production, prompting a realignment of Permian Basin activity between Texas and New Mexico.

  • Dallas Fed Economics

    Texas economy soft in January, but outlook optimistic for later in 2021

    Regional economic conditions appeared to deteriorate in January after picking up at year-end, data show. Nonetheless, there is optimism regarding the outlook for growth later this year.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economy showed signs of growth in December as payroll employment strengthened and the unemployment rate inched down.

  • Economic Indicators

    Energy Indicators

    Oil prices increased in December and early January. Executives responding to the Dallas Fed Energy Survey see West Texas Intermediate crude (WTI) prices staying near to or above breakeven levels for drilling new wells this year and are budgeting based on WTI in the low-to-mid $40s.

  • Dallas Fed Economics

    COVID-19 resurgence across Texas depresses economic growth

    Texas job growth has slowed after new daily COVID-19 cases in the state began surging in mid-October.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economy showed signs of waning growth in November as payroll employment increases slowed and unemployment claims remained elevated.

  • Economic Indicators

    Energy Indicators

    U.S. oil and gas employment ticked up in November—the first improvement since February. Benchmark natural gas prices were up in November, as were U.S. gas exports.

  • Economic Indicators

    Texas Economic Indicators

    After growth slowed in September, the Texas economy showed signs of acceleration in October as payroll growth strengthened and the unemployment rate began to decline again.

  • Economic Indicators

    Energy Indicators

    Choppy oil prices have averaged near $40 per barrel the past three months, and oilfield activity has risen from summer lows.