Improved business outlooks, faster job growth boost Texas outlook
A majority of Texas Business Outlook Surveys participants expect increasing demand over the next six months, signaling an improving business outlook, even as inflation and wage growth in Texas remain elevated.
March 28, 2024
Texas economy moderates toward more normal growth in 2024
Texas economic growth remains healthy while gradually reverting to a more historically normal pace of expansion following the pandemic when a bust in the first half of 2020 preceded a subsequent boom.
February 06, 2024
Texas economic activity, job growth weaken as 2023 closes
Texas economic growth slowed in the fourth quarter, with job growth falling sharply in October and business activity contracting slightly in November.
December 21, 2023
Slowing Texas economy remains on track for a soft landing
The impact of a still-strong Texas jobs market and moderating business activities and costs suggest that the state’s economy may be headed for a soft landing following Fed policymaker efforts to cool inflationary pressures.
November 09, 2023
Texas economic activity strengthens despite slowing job growth, greater price resistance
Texas employment growth slowed even as overall activity strengthened in August and September. Resistance to price increases rose.
September 28, 2023
Texas shows signs of slowing; price pressures ease despite buoyant services
Texas job growth slowed in June, though it still exceeded the U.S. rate. Meanwhile, the state economy continued to expand despite the downshift in employment and weakness in manufacturing.
August 03, 2023
Texas economic growth outpaces nation despite persistent downside risks
Texas employment growth advanced in May, continuing to surpass the national average.
June 22, 2023
Texas economic expansion slows; business outlooks weaken
The Texas economy’s modest expansion appears to be slowing despite having some pockets of strength.
May 11, 2023
Strong Texas job gains encounter economic uncertainty, signs of slowing
Weakness in Texas’ manufacturing sector has been largely offset by modest service sector growth, producing a mixed overall economic picture.
March 30, 2023
Texas modestly grows with soft landing likely
Texas firms reported below-average output growth to start 2023, while employment and wage gains remained elevated despite indications of a softening labor market.
February 09, 2023