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Texas

  • Dallas Fed Economics

    Texas economic activity springs ahead as growth strengthens

    Economic activity in Texas accelerated sharply in March, according to recent data that also indicate a continuation of the strong momentum.

  • Economic Indicators

    Energy Indicators

    Recent indicators point to an overall improved oil and gas outlook for the U.S. Activity in U.S. oil fields improved, oil prices held comfortably above levels needed to drill new wells for most producers, and industry employment losses slowed in February.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economic recovery picked up in March as payrolls grew robustly and the unemployment rate was flat. The Texas Business-Cycle Index grew for the 10th month in a row.

  • Dallas Fed Economics

    Cost of Texas’ 2021 deep freeze justifies weatherization

    Our analysis indicates winterizing for extreme winter weather events appears financially reasonable.

  • COVID-19 slammed into Texas, leaving long-lasting impacts

    The economic road from the COVID-19 recession in Texas will likely feature a steeper, more rapid climb than the usual gradual rise associated with most recoveries.

  • Pandemic pushes Texas minority unemployment beyond highs reached during Great Recession

    Recessions are hardest on minorities; the COVID-19 downturn is no different in that regard. More than half of Texas’ population is Hispanic or Black and the consequences are far-reaching if those groups lag behind economically.

  • Collapsing fuel demand tanks Texas exports during pandemic’s peak

    The COVID-19 pandemic wreaked havoc on Texas energy exports. U.S. energy exports excluding Texas were dramatically less affected.

  • Dining out picks up in Texas, Houston

    The number of patrons dining at restaurants surged in Texas and Houston after the state thawed from a deep freeze in February and COVID-19 constraints on restaurants and bars were lifted March 10.

  • Dallas Fed Economics

    What can be learned from the persistent electric power outages in Texas?

    Texas suffered massive power outages during unusually cold temperatures in February. Millions of households lost access not only to power but also to heat and water for days—a situation that was foreseeable and could have been avoided.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economic recovery showed signs of slowing in February as payrolls contracted and the unemployment rate rose.