Lowest-income workers see accelerated earnings growth during pandemic
In many respects, the pandemic has disproportionately harmed low-income workers. Earnings growth, triggered by labor shortages and high turnover rates, could be a rare exception.
August 08, 2022
Globalization Institute Working Paper
Social Distancing, Vaccination and Evolution of COVID-19 Transmission Rates in Europe
This paper provides estimates of COVID-19 transmission rates and explains their evolution for selected European countries since the start of the pandemic taking account of changes in voluntary and government-mandated social distancing, incentives to comply, vaccination and the emergence of new variants.
July 12, 2022
Southwest Economy, Second Quarter 2022
Changing economy likely to test banks as stimulus ends, growth slows
Banks in the region and the U.S., which have benefited from pandemic-era fiscal stimulus, face downside risks arising from Russia’s invasion of Ukraine, ongoing COVID-19 shocks abroad and expectations of significant central bank tightening to address elevated inflation.
July 01, 2022
Initial unemployment claims appear stable over past several months
It is likely that the latest rise in initial claims reflects difficulty adjusting the data for seasonal patterns in the wake of the COVID-19 pandemic, rather than a deterioration in underlying economic conditions.
June 28, 2022
Fed liquidity facility successfully anchored commercial real estate amid pandemic
The Federal Reserve responded to the onset of the COVID-19 pandemic with several liquidity facilities to ensure a continuing flow of credit to households and businesses. The TALF, which financed highly rated asset-backed securities, proved especially important to supporting commercial real estate finance.
May 24, 2022
Texas job growth moderates as price pressures, supply-chain issues persist
Texas employment growth eased in March, though it remained steady in the first quarter and exceeded U.S. job growth.
May 12, 2022
Southwest Economy
Students cut college during pandemic; their return is uncertain
Postsecondary
institutions suddenly
closed their doors with
the arrival of COVID-19
in March 2020. Two years
later, the impacts are
coming into focus.
April 01, 2022
Southwest Economy, First Quarter 2022
Texas reclaims jobs lost in pandemic; some metros still trying to catch up
The recovery from the pandemic recession ushered in a massive reallocation of employment between industries with repercussions for different areas of the state.
April 01, 2022
Real-time market monitoring finds signs of brewing U.S. housing bubble
There is growing cause for concern that U.S. house prices are again becoming unhinged from fundamentals.
March 29, 2022
Texas economy strengthens as Omicron fades; costs and wages rise further
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 24, 2022