Texas rebound likely slowed by renewed COVID-19 impact on services, retail
Indicative of slowing job expansion, the Texas unemployment rate rose to 8.3 percent in September from 6.8 percent in August and exceeded the national rate (7.9 percent) for the first time since March.
November 12, 2020
Pandemic disproportionately affects women, minority labor force participation
Data showing changes in labor force participation rates for several demographics reveal that women with children, especially Black women, have been disproportionately affected by the pandemic.
November 10, 2020
Global Perspectives: Banco de México’s Alejandro Díaz de León on COVID-19, trade and inflation targeting
Díaz de León and Dallas Fed President Robert S. Kaplan discussed COVID-19, the United States–Mexico–Canada Agreement (USMCA) and inflation targeting.
October 27, 2020
Global Perspectives: Richard W. Fisher on the COVID-19 recovery, the Fed’s response and the future of globalization
The Federal Reserve Bank of Dallas recently hosted Fisher, who served as president of the Federal Reserve Bank of Dallas from 2005 to 2015, as part of the Bank’s Global Perspectives speaker series.
October 20, 2020
Auto industry on road to recovery from pandemic
After a series of disruptions in March and April that coincided with the widespread outbreak in the U.S., the auto industry has entered a recovery period, though its path forward remains uncertain.
October 13, 2020
Record global GDP contraction indicative of COVID-19’s cross-country effect
A number of studies have shown that individual households and businesses voluntarily scaling back social interactions as they learned about the risks associated with COVID-19 have probably played a more important role in damping economic activity than government mandates.
October 06, 2020
Highly indebted FHA borrowers at special risk as COVID-19 forbearance ends
The situation appears most urgent for those borrowers who entered the crisis with a high debt load and little room to financially navigate without forbearance.
September 29, 2020
Texas economy improves despite lagging sectors as COVID-19 cases decline
Continued growth is projected for the rest of the year, but it may be somewhat restrained by the expiration of federal stimulus programs and election uncertainty.
September 24, 2020
Southwest Economy, Third Quarter 2020
COVID-19’s fiscal ills: busted Texas budgets, critical local choices
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.
September 21, 2020
Southwest Economy, Third Quarter 2020
Texas economy mends in fits and starts from pandemic’s onslaught
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.
September 21, 2020