A comprehensive list of recently added postings on Dallasfed.org.
Dallas-Fort Worth Economic Indicators
The Dallas–Fort Worth economy continued its expansion in January. Job growth was moderate, and the Dallas Business-Cycle Index rose. However, the Fort Worth Business-Cycle Index fell following robust growth in 2018.
March 14, 2019
Foreign Exchange Reserves as a Tool for Capital Account Management
In this paper we construct a small open economy model where the central bank can engage in sterilized foreign exchange intervention.
March 8, 2019
Texas Employment Forecast
Incorporating January job growth of 2.6 percent and a rebound in the leading index, the Texas Employment Forecast suggests jobs will grow 1.5 percent this year (December/December), with an 80 percent confidence band of 0.1 to 2.9 percent.
March 8, 2019
El Paso Economic Indicators
Trade through the port is unchanged, while maquiladora employment picked up in late 2018. Home sales have slowed, but home affordability remains above average in El Paso. Despite the strong dollar, El Paso retail sales were steady in second quarter 2018.
March 7, 2019
Global Perspectives: Richard Clarida on U.S. monetary policy
Federal Reserve Vice Chairman Richard Clarida discusses a range of topics, including the challenges facing monetary policymakers, the U.S. fiscal situation and the global role of the dollar.
March 7, 2019
Corporate debt as a potential amplifier in a slowdown
In his latest essay, posted on Dallas Fed Economics, President Rob Kaplan focuses on trends in corporate debt growth and credit quality in the U.S. and discusses potential implications for economic conditions and financial stability.
March 5, 2019
PCE Inflation Update, December 2018
The headline, or all-items, PCE price index rose 0.7 percent at an annualized rate in December following a 0.6 percent annualized increase a month earlier.
March 1, 2019
Permian Basin Economic Indicators
Production in the Permian Basin continues to grow even as the rig count remains steady. Permian Basin wages were well above the Texas average in December. The tight housing market has led to strong home-price appreciation.
March 1, 2019
Global Perspectives: John Hess on U.S. oil reserves, climate change
Few sectors of the U.S. economy have undergone as radical a transformation in recent years as the energy sector, and few loom as large in the economic fortunes of Texas and the Eleventh District.
February 28, 2019
Is Wage Growth Higher than We Think?
There is always widespread interest in the degree to which the U.S. labor market generates higher pay for workers. A standard measure of wage growth suggests that this expansion is not improving the standard of living of workers, but our analysis reveals that actual wage growth is understated.
February 26, 2019