COVID-19 update

At the Dallas Fed, we worked to support the financial health of the people and businesses in the Eleventh District as we dealt with this unprecedented crisis. On this page, you’ll find many resources, including interviews from former Dallas Fed President Rob Kaplan and articles published from our staff.

September 2021

• 9/30/2021—Federal Support Keeps State Budgets (Including Texas’) Healthy amid Tumult from COVID-19-Induced Economic Ills
• 9/30/2021—Technology Displaced Workers in Pandemic; Retraining Must Expand
• 9/30/2021—Spotlight: Missteps Along U.S.–Mexico Border Hinder Movement of COVID-19 Biomedical Trade

August 2021

• 8/31/2021—Treasury Auctions During the Pandemic: Stresses but Few Surprises
• 8/26/2021—Fed’s Mortgage-Backed Securities Purchases Sought Calm, Accommodation During Pandemic

July 2021

• 7/6/2021—How Much Slack Is Left in the Labor Market?

June 2021

• 6/22/2021—The Paycheck Protection Program: Conditional Success or Unconditional Failure?
• 6/18/2021—Federal COVID-19 Relief Aided Consumer Debt, Though Immigrant Texans Derived Less Benefit
• 6/18/2021—Texas Restaurants Find Change on Postpandemic Menu
• 6/18/2021—Banks Face New Challenges as Texas Rebounds from COVID-19 Shock
• 6/18/2021—Go Figure: Women Took Brunt of Pandemic Job Loss as Priorities Shifted to Home

May 2021

• 5/27/2021—The Labor Market May Be Tighter than the Level of Employment Suggests

April 2021

• 4/9/2021—Go Figure: Collapsing Fuel Demand Tanks Texas Exports During Pandemic’s Peak
• 4/9/2021—COVID-19 Slammed into Texas, Leaving Long-Lasting Impacts
• 4/9/2021—COVID-19 Poses Stubborn Challenge to Economic Growth in Mexico
• 4/9/2021—Spotlight: Pandemic Pushes Texas Minority Unemployment Beyond Highs Reached During Great Recession
• 4/9/2021—Snapshot: Dining Out Picks Up in Texas, Houston

March 2021

• 3/30/2021—For Many, Work-from-Home Arrangements Likely to Outlast Pandemic
• 3/23/2021—Effects of COVID-19 on Tourism, Energy Weigh on Texas, New Mexico, Louisiana
• 3/2/2021—COVID-19 Risks Expose Vulnerabilities, Downside Risks to U.S. Outlook

February 2021

• 2/16/2021—Systemic Risks, Interdependencies Weigh on 2021 Global Outlook
• 2/11/2021—Hard-Hit Child Care Industry May Need Multisector Response to Revive and Thrive
• 2/9/2021—Pandemic Pushed the U.S. into Recession … and Hourly Wages Rose?
• 2/2/2021—COVID-19 Exposes Mortgage Market Vulnerabilities that Led to Volatility, Fed Intervention

January 2021

• 1/12/2021—Pandemic Economic Lifeline: Taxes on Consumption, Labor that Fund Stay-at-Home Subsidies

December 2020

• 12/24/2020—COVID-19 Resurgence Across Texas Depresses Economic Growth
• 12/21/2020—COVID-19 Fuels Sudden, Surging Demand for Suburban Housing
• 12/21/2020—Pandemic Unemployment Benefits Provided Much-Needed Fiscal Support
• 12/21/2020—Go Figure: Loan Delinquencies Start to Climb After Falling with Stimulus and Relief
• 12/1/2020—Global Perspectives: Mark Carney on Leading the Bank of England, Climate Change, COVID-19 and Community Involvement

November 2020

• 11/17/2020—Impact of COVID-19 on Small Service Firms Clouds Texas Jobs Estimates
• 11/10/2020—Pandemic Disproportionately Affects Women, Minority Labor Force Participation

October 2020

• 10/20/2020—Global Perspectives: Richard W. Fisher on the COVID-19 Recovery, the Fed’s Response and the Future of Globalization
• 10/13/2020—Auto Industry on Road to Recovery from Pandemic

September 2020

• 9/29/2020—Highly Indebted FHA Borrowers at Special Risk as COVID-19 Forbearance Ends
• 9/24/2020—Texas Economy Improves Despite Lagging Sectors as COVID-19 Cases Decline
• 9/4/2020—Who Benefited from the Paycheck Protection Program? Our Texas Analysis Offers an Early Look
• 9/1/2020—Commuting Patterns During COVID-19 Endure; Minorities Less Likely to Work from Home

August 2020

• 8/25/2020—Global Perspectives: Marvin E. Odum on the COVID-19 Fight, Energy Outlook
• 8/18/2020—Texas Weekly Employment Estimate Provides New, Early Economic Insights
• 8/11/2020—Insights from Dallas Fed Surveys: Uneven Economic Recovery Likely in Texas
• 8/6/2020—Texas Economy’s Rebound Stalls in July after Gains in May, June
• 8/4/2020—U.S. Economic Rebound Uneven amid Resurgent Local COVID-19 Outbreaks

July 2020

• 7/16/2020—Federal and Local Resources Help Small Businesses Strive for New Normal
• 7/9/2020—Global Perspectives: Epidemiologists Robert Haley and Trish Perl on Fighting COVID-19
• 7/7/2020—Policymakers’ Response to COVID-19 Can Draw on Great Recession Lessons

June 2020

• 6/23/2020—Small Business Hardships Highlight Relationship with Lenders in COVID-19 Era
• 6/23/2020—COVID-19’s Unprecedented Impact Alters U.S. Labor Market
• 6/23/2020—COVID-19, Oil Price Collapse, Dimming Outlook for Banks in 2020
• 6/23/2020—LiftFund’s Microlending Customers Battle to Survive COVID-19 Shock
• 6/23/2020—Black Workers at Risk for 'Last Hired, First Fired'
• 6/23/2020—COVID-19 Tanks Fuel Consumption, Prices
• 6/18/2020—Texas Jobs Decline at Historic Pace from Impact of COVID-19

May 2020

• 5/28/2020—Communities, Service Providers in Region See Long Road to COVID-19 Recovery, Fed Survey Shows
• 5/28/2020—Early Mandated Social Distancing Does Best to Control COVID–19 Spread
• 5/26/2020—CARES Act Likely to Blunt Mortgage Delinquency Rate Increase
• 5/26/2020—TBOS Special Questions on Impacts of COVID-19
• 5/21/2020—New Dallas Fed Social Distancing Index Gives Insight into COVID-19’s Economic Impact
• 5/20/2020—Bloomberg: Fed's Kaplan on Economic Recovery, Virus Testing, Oil Well Shut-ins
• 5/15/2020—Real-Time Survey to Provide Timelier Labor Market Data in Era of COVID-19
• 5/14/2020—Mayor Eric Johnson and President Robert S. Kaplan Discuss Economic and Community Issues related to the COVID-19 Pandemic
• 5/12/2020—Shock, Grief and Opportunity: The Emotional Roller Coaster of COVID-19 in the Small Business Community
• 5/12/2020—Labor Economy at Greater Risk in Texas than U.S. During COVID-19 Crisis
• 5/7/2020—Texas Economic Activity Sharply Falls in Wake of COVID-19
• 5/6/2020—Yahoo Finance: We think the unemployment rate could get as high as 20% at its peak: Dallas Fed President
• 5/5/2020—Private Forecasters’ COVID-19 Global Growth Outlook Takes Shape

April 2020

• 4/28/2020—Global Perspectives: Tom Hoenig on the Costs of COVID-19, Modern Monetary Theory and Fed Leadership
• 4/27/2020—TBOS Special Questions: Impacts of COVID-19 on Manufacturing, Service Sector, Retail
• 4/20/2020—Connecting Communities During COVID-19: A Quick Guide to Broadband Solutions for Local Governments
• 4/17/2020—U.S. Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak
• 4/16/2020—Bloomberg: Fed's Kaplan on Virus Pandemic's Impact on Economy, Oil Industry
• 4/16/2020—Monetary Policy in Time of Pandemic
• 4/14/2020—Emerging-Market Economies Face COVID-19 and a 'Sudden Stop' in Capital Flows
• 4/8/2020—Reuters: Fed's Kaplan sees U.S. growth returning in second half, but consumers staying cautious
• 4/7/2020—Working from Home During a Pandemic: It’s Not for Everyone
• 4/2/2020—CNBC: Dallas Fed president: Expect a severe economic contraction in the second quarter
• 4/1/2020—Communities Step Up to Address Economic Impact of COVID-19

March 2020

• 3/30/2020—Texas Business Outlook Surveys: Texas business executives were asked questions on the impacts of the coronavirus (COVID-19)
• 3/27/2020—Marketplace: Dallas Fed president calls policies relief, rather than stimulus


• 3/27/2020—COVID-19 and CRA: Fed Issues Guidance on Helping Communities Through the Crisis
• 3/27/2020—Bloomberg: Fed's Kaplan Says the U.S. Economy Will Come Out of Downturn Strong
• 3/26/2020—Dallas Fed Energy Survey Results Point to Bleak Outlook for Oil Industry