Dallas Fed Economics Archive

 

• April 12, 2022
  Renewable energy projects present unique lender risks, need for oversight

  SungJe Byun and Joe Kneip

  A vigorous risk management program can mitigate potential problems facing banks and nonbank financial institutions engaged in financing these facilities—whether as agents, loan participants or direct lenders.
• April 5, 2022
  Recent inflation surges have modestly affected long-term expectations

  J. Scott Davis

  Improvements in Federal Reserve credibility over the last 40 years have ensured that inflation expectations, particularly long-term inflation expectations, have so far remained well-anchored despite surging current inflation.
• March 29, 2022
  Real-time market monitoring finds signs of brewing U.S. housing bubble

  Jarod Coulter, Valerie Grossman, Enrique Martínez-García, Peter C.B. Phillips and Shuping Shi

  There is growing cause for concern that U.S. house prices are again becoming unhinged from fundamentals.
• March 24, 2022
  Texas economy strengthens as Omicron fades; costs and wages rise further

  Jesus Cañas and James Lee

  The Texas economy, paced by expansion within the service sector, grew strongly in February as the impact of the omicron variant of COVID-19 faded.
• March 22, 2022
  The Russian oil supply shock of 2022

  Lutz Kilian and Michael D. Plante

  In the immediate aftermath of Russia’s invasion of Ukraine in late February, early estimates suggested that perhaps 3 million barrels a day (mb/d) of petroleum production had been effectively removed from the global oil market, constituting one of the largest supply shortfalls since the 1970s.
• March 1, 2022
  Federal aid helps border keep pace with Texas economy during pandemic turmoil

  Jesus Cañas, Pia Orrenius and Juliette Coia

  U.S. pandemic relief policies boosted the border economy, helping it keep pace with state growth. The restoration of trade with Mexico and a surprise migration surge also supported more-recent border economic activity.
• February 22, 2022
  Electric vehicles gain ground but still face price, range, charging constraints

  Michael D. Plante and Sean Howard

  Further improvement seems necessary before a wholesale switch to EVs occurs in the U.S.
• February 15, 2022
  Real Wages Grew During Two Years of COVID-19 After Controlling for Workforce Composition

  Sean Howard, Robert Rich and Joseph Tracy

  Despite recent negative real wage growth, workers have experienced real wage gains over the two years of the pandemic.
• February 8, 2022
  Solar lights up outlook for renewable energy in Texas

  Kunal Patel and Michael D. Plante

  Improving economics and government tax incentives have spurred investment in utility-scale solar facilities in Texas.
• February 3, 2022
  Pace of Texas economic growth slows as supply-chain, staffing woes persist

  Emily Kerr and Juliette Coia

  The Texas economy continued expanding in December and January, though the pace of growth decelerated relative to the overall fourth-quarter pace.