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Texas

 

  • Texas Economic Indicators

    The Texas economy expanded in February. Employment growth was solid, and sales tax revenue increased broadly.

  • Texas economic outlook downbeat as uncertainty increases

    The Texas economy grew slightly below trend through the first quarter of 2025. While job growth appears just off its long-term annual trend rate of about 2.1 percent, the Dallas Fed Texas Business Outlook Surveys (TBOS) point to slowing activity in both the services and manufacturing sectors.

  • Texas Economy

    Growth decelerates in Texas service sector as company outlooks worsen

    Texas service sector activity stalled in March, according to business executives responding to the Texas Service Sector Outlook Survey.

  • Texas Manufacturing Outlook Survey

    Texas factory activity rose in March after declining in February, according to business executives responding to the Texas Manufacturing Outlook Survey.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.9 percent in 2025, with an 80 percent confidence band of 1.2 to 2.6 percent.

  • Even a ‘miracle’ needs a safety net: Texas leads in growth, lags elsewhere

    While experiencing exceptional economic growth over the past decade, data show that Texas is last or lagging the nation in several key areas.

  • Agricultural Survey

    Bankers responding to the first-quarter survey reported sustained dry conditions across most regions of the Eleventh District.

  • New Mexico fuels U.S. crude oil output, funding for local programs

    New Mexico has become a U.S. leader in energy production over the past five years, drawing on Permian Basin reserves in the southeastern corner of the state. Oil and gas proceeds fund an increasing share of state government, most notably involving education programs.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.9 percent in 2025, with an 80 percent confidence band of 1.2 to 2.6 percent.

  • 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.