A comprehensive list of recently added postings on Dallasfed.org.
Water restrictions, conservation a 24/7 routine in Abilene and the Big Country
Steve Estes, the Texas A&M AgriLife Extension Service agent for Taylor County, offers his perspective on how ranchers, farmers and city dwellers can collectively work to ensure that the area makes the best decisions regarding precious water resources
April 18, 2025
Houston Economic Indicators
Houston's labor market expanded at a moderate pace over the three months ending in February 2025, and the unemployment rate remained flat from January to February.
April 17, 2025
Shoring up water supply, curbing demand key to Texas’ future growth
Funding for water infrastructure improvements has emerged as a priority for the Legislature during its 2025 legislative session. Absent changes to policy, Texans could face significant water shortages during droughts and constraints on future growth and economic development.
April 16, 2025
Dallas−Fort Worth Economic Indicators
The Dallas−Fort Worth economy expanded in February. Employment grew at a solid pace, and unemployment remained steady.
April 15, 2025
Monetary policy implementation and the consolidated government balance sheet
This essay examines the trade-offs between different monetary policy implementation methods through the lens of the consolidated government balance sheet and income statement
April 15, 2025
Austin Economic Indicators
Austin employment slowed in February, and the unemployment rate ticked up. Austin’s high-tech sector has grown faster than the nation’s high-tech employment.
April 10, 2025
Welcome remarks for the Outlook for North American Trade and Immigration conference
This conversation comes at a pivotal time as governments adjust trade, immigration and other policies.
April 10, 2025
Tempting FAIT: Flexible Average Inflation Targeting and the Post-COVID U.S. Inflation Surge
In August 2020, the Federal Reserve replaced Flexible Inflation Targeting (FIT) with Flexible Average Inflation Targeting (FAIT), introducing make-up strategies that allow inflation to temporarily exceed the 2% target. Using a synthetic control approach, this paper estimates that FAIT raised CPI inflation by about 1 percentage point and core CPI inflation by 0.5 percentage points, suggesting a moderate impact net of food and energy and a largely temporary effect. The findings are consistent with the hypothesis of a steeper-than-expected post-pandemic Phillips curve in the New Keynesian model.
April 9, 2025
El Paso Economic Indicators
Employment in El Paso grew in February, and the unemployment rate was unchanged. Meanwhile, year-over-year wage growth in the metro area was faster than the state.
April 7, 2025
Banking Conditions Survey
Loan volume and demand growth decelerated sharply in March. Credit tightening continued, but loan pricing declined.
April 7, 2025