Decline in bank stress likely to continue as interest rates normalize
While the key measures suggest that conditions that hamper a bank’s resilience to economic adversity are marginally higher than before the pandemic in 2019, we expect further declines in bank stress levels as interest rates normalize.
March 04, 2025
Southern New Mexico Economic Indicators
Economic indicators were mixed in Las Cruces in fourth quarter 2024 after a slow third quarter. Employment grew solidly; however, unemployment rose.
February 28, 2025
Energy Indicators
Natural gas liquids production increased in 2024 as did exports. The number of U.S. chemical railcar loadings remained flat compared to last year. Intermediate chemical prices have risen in recent months, while chemical export numbers, adjusted for inflation, are on the decline.
February 20, 2025
Energy Indicators
U.S. exports of liquefied natural gas (LNG) are expected to continue to grow further into 2025. From October 2024 through the beginning of this year, U.S. natural gas and heating oil prices remained fairly steady.
January 23, 2025
Eleventh District community banks outperform peers despite weaker credit quality
Eleventh District community banks will likely continue to outperform their nationwide peers in terms of profitability, given their larger share of noninterest-bearing deposits.
December 27, 2024
Agricultural Survey
Bankers responding to the fourth-quarter agricultural survey reported persistent weak conditions across most regions of the Eleventh District.
December 23, 2024
New Mexico draws on energy, trade to spur economy
While New Mexico continues to navigate economic and demographic challenges, increased revenues from oil and gas production provide opportunities to invest in education, infrastructure and other improvements to boost long-term growth.
December 04, 2024
Southern New Mexico Economic Indicators
Economic activity was sluggish in Las Cruces in the third quarter. Employment was flat, and unemployment continued to rise. Hourly earnings slid further continuing a pattern since early 2023.
November 05, 2024
Agricultural Survey
Bankers responding to the third-quarter agricultural survey reported weaker conditions across most regions of the Eleventh District.
September 23, 2024
Old oil fields reimagined as lithium sources
The Smackover Formation, extending broadly from East Texas to Florida, is ground zero in the effort to produce lithium from oilfield brines.
September 20, 2024