Federal aid helps border keep pace with Texas economy during pandemic turmoil
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.
March 01, 2022
Pandemic mortgage relief headed off delinquencies, but what happens now?
As more Texas mortgages exit forbearance, ZIP codes with larger vulnerability will be at particular risk for financial stress.
February 25, 2022
Real Wages Grew During Two Years of COVID-19 After Controlling for Workforce Composition
Despite recent negative real wage growth, workers have experienced real wage gains over the two years of the pandemic.
February 15, 2022
Pace of Texas economic growth slows as supply-chain, staffing woes persist
The Texas economy continued expanding in December and January, though the pace of growth decelerated relative to the overall fourth-quarter pace.
February 03, 2022
Federal Reserve Banks of Atlanta and Dallas conference explored housing, urban economics
Residential real estate prices rose sharply throughout the United States following the onset of COVID-19 in early 2020. While property owners received a capital gains windfall, first-time buyers and renters have struggled with reduced affordability.
January 25, 2022
How did federal stimulus recipients use their checks?
Did stimulus payments go to—and were they used by—those who needed them the most? The evidence suggests that this was the case.
January 13, 2022
Nominal GDP outlook suggests it’s time to end monetary accommodation
We argue that the policy response to COVID-19 has been broadly on track to date but that continued monetary accommodation (lowering interest rates or purchasing assets) risks fueling excessive inflation.
January 13, 2022
A Ban on U.S. Crude Oil Exports Would Not Lower Gasoline Prices at the Pump
High gasoline prices have stimulated interest in what the Biden administration can do to lower the price at the pump.
January 04, 2022
Why house prices surged as the COVID-19 pandemic took hold
In the wake of the short but steep COVID-19 recession, house prices have risen at record levels in recent months, hitting the peak increase of 19.3 percent in July 2021.
December 28, 2021
Texas economy grows strongly despite mounting supply-chain woes, worker shortages
Continued growth in the national economy, strong increases in Texas leading indicators and high oil futures prices suggest continued strong job growth for the remainder of the year and into 2022.
December 23, 2021