Southwest Economy, Third Quarter 2020

Third Quarter 2020
Print version

• COVID-19’s fiscal ills: busted Texas budgets, critical local choices
  Jason Saving
  COVID-19 and related economic shutdowns have raised concerns that state and local government revenues will fall short of expectations just as demand for services soars.
• Texas economy mends in fits and starts from pandemic’s onslaught
  Christopher Slijk
  A resurgent COVID-19 outbreak in Texas has stymied a state economic recovery, according to the Texas Business Outlook Surveys and high-frequency data that document activity on a more granular level.
• Looking to economics for help in addressing enduring discrimination
  On the record: A conversation with Gary A. Hoover
  Gary A. Hoover holds a President’s Associates Presidential Professorship and is chairman of the Economics Department at the University of Oklahoma in Norman. He specializes in policy analysis of income distribution and poverty, public finance and ethics in economics.
• Spotlight: Energy sector slow to recover from malaise arising from effects of global pandemic
  Emma Marshall and Pia Orrenius
  After absorbing a big hit from the COVID-19 pandemic, the energy sector may take until 2022 to recover.
• Go figure: Vehicle sales highlight surprising resilience in spending during pandemic
  Design: Olu Eseyin; Content: Christopher Slijk, Chloe N. Smith
  Texas truck/SUV sales held steady while car sales declined steeply amid the recession caused by COVID-19.
• Snapshot: Texas employment estimate debuts
  The Federal Reserve Bank of Dallas’ new Texas Weekly Employment Estimate (TWEE) is a timely tool to monitor evolving economic conditions while awaiting release of the U.S. Bureau of Labor Statistics’ establishment survey of employment.
• President’s perspective
  Robert S. Kaplan