Dallas Fed Economics
Impact of COVID-19 on small service firms clouds Texas jobs estimates
The 2020 downturn has differed from past recessions in many ways, particularly affecting high-contact service industries that contain a large number of independent businesses with few employees.
November 17, 2020
Dallas Fed Economics
Texas rebound likely slowed by renewed COVID-19 impact on services, retail
Indicative of slowing job expansion, the Texas unemployment rate rose to 8.3 percent in September from 6.8 percent in August and exceeded the national rate (7.9 percent) for the first time since March.
November 12, 2020
Economic Indicators
Texas Economic Indicators
The Texas economy showed signs of a slowing expansion in September as payroll growth softened and the unemployment rate ticked up.
October 20, 2020
Dallas Fed Economics
Texas economy improves despite lagging sectors as COVID-19 cases decline
Continued growth is projected for the rest of the year, but it may be somewhat restrained by the expiration of federal stimulus programs and election uncertainty.
September 24, 2020
Economic Indicators
Texas Economic Indicators
The Texas economy showed continued signs of expansion in August as payrolls increased and the unemployment rate fell.
September 22, 2020
COVID-19’s fiscal ills: busted Texas budgets, critical local choices
COVID-19 and related economic shutdowns have raised concerns that state and local government revenues will fall short of expectations just as demand for services soars.
September 21, 2020
Texas economy mends in fits and starts from pandemic’s onslaught
A resurgent COVID-19 outbreak in Texas has stymied a state economic recovery, according to the Texas
Business Outlook Surveys and high-frequency data that document activity on a more granular level.
September 21, 2020
Vehicle sales highlight surprising resilience in spending during pandemic
Texas truck/SUV sales held steady while car sales declined steeply
amid the recession caused by COVID-19.
September 21, 2020
Snapshot: Texas employment estimate debuts
The Federal Reserve Bank of Dallas’ new Texas Weekly Employment Estimate (TWEE) is a timely tool to monitor evolving economic conditions while awaiting release of the U.S. Bureau of Labor Statistics’ establishment survey of employment.
September 21, 2020
Economic Indicators
Energy Indicators
While the worst may be behind the industry, more job losses and business failures are likely over the short to medium term.
September 18, 2020