Supply-chain woes, labor shortages and COVID-19 slow resilient Texas economy
Regional economic growth has slowed, though it remains robust by historical standards. While demand has improved from year-ago levels, supply-chain disruptions and labor shortages have limited output growth and pushed up wages and prices.
September 30, 2021
Surging renewable energy in Texas prompts electricity generation adequacy questions
With little investment taking place in new thermal generation, does the design of Texas’ electricity market provide enough incentive to develop capacity for future power needs?
August 17, 2021
Texas economy strongly expands despite supply-chain disruptions, hiring challenges
There has been strong upward pressure on prices and wages, though there were some signs of abatement in July. The hot housing market continued to push up apartment rents, housing prices and construction.
August 05, 2021
Spanish-Speaking Growth in Texas Reinforces Need to Close Education Gaps
The Eleventh Federal Reserve District has the second-largest native Spanish-language population in the Federal Reserve System. That population will grow further as the number of Hispanics exceeds 20 million in Texas alone by 2050.
August 03, 2021
Global Perspectives: Ursula Burns on coaching, diversity and advancing the next generation of female leaders
Burns and Dallas Fed President Rob Kaplan discussed her career, the importance of coaches and mentors, the case for quotas and advice for the next generation of female leaders.
July 27, 2021
Global Perspectives: Betsy Price on being Fort Worth mayor, governing and bipartisanship
Price and Dallas Fed President Rob Kaplan discussed her political career, the challenges she faced in office and the need for bipartisanship to get government business done.
July 20, 2021
Labor shortages, supply chain woes slow Texas recovery
The Texas economy is on the path to a solid recovery, although the pace of growth has eased since March, recent data suggest.
June 24, 2021
Southwest Economy, Second Quarter 2021
Federal COVID-19 relief aided consumer debt, though immigrant Texans derived less benefit
The prevalence of various federal-level assistance programs helped U.S. and Texas residents shore up their household finances during the COVID-19 recession. Among mostly immigrant groups, this tendency was less pronounced, likely due to legal and socioeconomic barriers.
June 18, 2021
Southwest Economy, Second Quarter 2021
Texas winter deep freeze broke refining, petrochemical supply chains
It may take the Texas petrochemical industry until year-end 2021 to fully recover from the record cold that triggered power outages and supply disruptions in mid-February.
June 18, 2021
Southwest Economy, Second Quarter 2021
Banks face new challenges as Texas rebounds from COVID-19 shock
The banking industry faced significant challenges from the COVID-19 pandemic in 2020, with profitability declining to levels not seen since the 2008–09 financial crisis.
June 18, 2021