A comprehensive list of recently added postings on Dallasfed.org.
Texas service sector activity growth picks up slightly; outlooks improve
Texas service sector activity expanded at a slightly faster pace in November than the prior month, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, increased to 10.9.
November 26, 2024
More household savings offset increased government borrowing since 2008
Large government budget deficits over the past 15 years have led to a large increase in the stock of government debt. But these government deficits have been matched by an increase in U.S. household savings.
November 26, 2024
Texas Manufacturing Outlook Survey
Texas factory activity was flat in November, according to business executives responding to the Texas Manufacturing Outlook Survey.
November 25, 2024
El Paso educator promotes student career gateway via community colleges
William Serrata, president of the El Paso County Community College District, discusses the unique, postpandemic challenges that community colleges face.
November 22, 2024
The Returns to Government R&D: Evidence from U.S. Appropriations Shocks
Based on a narrative classification of all significant postwar changes in R&D appropriations for five major federal agencies, this paper finds that an increase in nondefense R&D appropriations leads to increases in various measures of innovative activity and higher business-sector productivity in the long run.
November 21, 2024
Texas Economic Indicators
The Texas economy softened in September. Employment fell while unemployment was flat. The October Texas Business Outlook Surveys headline indexes show expansion in both the manufacturing and services sectors.
November 21, 2024
Permian Basin Economic Indicators
Employment in the Permian Basin region contracted in the third quarter. The unemployment rate and average hourly earnings ticked down slightly in September.
November 21, 2024
Audit Partners and Loan Loss Provisioning: Evidence from U.S. Bank Holding Companies
Using confidential data on audit partner names from 2006 to 2019 for bank holding companies (BHCs), this paper examines partners' impact on loan loss provisioning.
November 20, 2024
Nonparametric Local Projections
This paper studies the properties of an alternative nonparametric local projection estimator of the conditional and unconditional responses of an outcome variable to an observed identified shock.
November 20, 2024
Labor Market Effects of Worker- and Employer-Targeted Immigration Enforcement
This paper finds that immigration enforcement at the worksite is more effective when targeting the employer, such as conducting an audit, than when targeting the workers, such as in a raid.
November 19, 2024