A comprehensive list of recently added postings on Dallasfed.org.
Weighing Texas economic resilience amid tariffs, workforce challenges
Ray Perryman, principal of Waco-based The Perryman Group, has been an observer of the Texas economy for more than four decades. He offers his views of what has propelled Texas since the 1980s oil bust and the state’s future prospects, and he recounts how he grew his economics firm.
March 7, 2025
Weekly Economic Index
The WEI is currently 2.65 percent, scaled to four-quarter GDP growth, for the week ended March 8 and 2.24 percent for March 1.
March 13, 2025
The Effects of Competition in the Retail Gasoline Industry
This paper estimates the effect of competition on incumbent firm pricing by using high frequency price data and the precise geographic location for all gas stations in California.
March 5, 2025
Eleventh District Beige Book
The Eleventh District economy continued to expand moderately over the reporting period. Nonfinancial services activity grew while retail sales were flat, and manufacturing activity was rather volatile.
March 5, 2025
Trade Costs and Inflation Dynamics
This paper exploits bilateral trade flows of final and intermediate goods together with the structure of static trade models that deliver gravity equations to identify exogenous changes in trade costs between countries. The authors then use a local projections approach to assess the effects of trade cost shocks on consumer price (CPI) inflation.
March 4, 2025
Mexico’s economic growth slows in 2024; outlook weakens
Mexico’s GDP grew only 0.9 percent year over year in fourth quarter 2024, after expanding 2.4 percent in 2023 and 4.6 percent in 2022. Economic growth slowed, mainly due to lower investment, slowing consumption and a contracting energy sector.
March 4, 2025
Decline in bank stress likely to continue as interest rates normalize
While the key measures suggest that conditions that hamper a bank’s resilience to economic adversity are marginally higher than before the pandemic in 2019, we expect further declines in bank stress levels as interest rates normalize.
March 4, 2025
Mexico, U.S. and China offer an evolving ‘triangular’ trade relationship
Enrique Dussel Peters, a professor at the Graduate School of Economics at the Universidad Nacional Autonóma de México and coordinator of the university’s Center for Chinese–Mexican Studies, discusses trade flows between the U.S., Mexico and China and their prospects.
March 3, 2025
Permian Basin Economic Indicators
Employment in the Permian Basin region grew in the fourth quarter. The unemployment rate decreased slightly, while average hourly earnings rose in December.
March 3, 2025
Southern New Mexico Economic Indicators
Economic indicators were mixed in Las Cruces in fourth quarter 2024 after a slow third quarter. Employment grew solidly; however, unemployment rose.
February 28, 2025