Southwest Economy, Third Quarter 2020
Texas economy mends in fits and starts from pandemic’s onslaught
A resurgent COVID-19 outbreak in Texas has stymied a state economic recovery, according to the Texas
Business Outlook Surveys and high-frequency data that document activity on a more granular level.
September 21, 2020
Southwest Economy, Third Quarter 2020
Vehicle sales highlight surprising resilience in spending during pandemic
Texas truck/SUV sales held steady while car sales declined steeply
amid the recession caused by COVID-19.
September 21, 2020
Southwest Economy, Third Quarter 2020
Snapshot: Texas employment estimate debuts
The Federal Reserve Bank of Dallas’ new Texas Weekly Employment Estimate (TWEE) is a timely tool to monitor evolving economic conditions while awaiting release of the U.S. Bureau of Labor Statistics’ establishment survey of employment.
September 21, 2020
Texas Weekly Employment Estimate provides new, early economic insights
In this environment where economic conditions change very quickly and can reverse with the spread of the virus, tracking the Texas economy requires a timelier indicator than standard quarterly and monthly economic measures.
August 18, 2020
Insights from Dallas Fed surveys: Uneven economic recovery likely in Texas
The Dallas Fed’s Texas Business Outlook Surveys (TBOS) show that while recovery continued in some sectors in July, it faltered in others as new COVID-19 cases surged across the state.
August 11, 2020
Texas economy’s rebound stalls in July after gains in May, June
The resurgence of COVID-19 in July appears to have reversed economic gains in Texas that emerged when the virus’ frequency abated in May and June.
August 06, 2020
Texas Jobs decline at historic pace from impact of COVID-19
The decrease affected all major metro areas, with the steepest drops coming in El Paso, Fort Worth and Austin, followed closely by Houston, San Antonio and Dallas.
June 18, 2020
Falling oil prices drag down U.S. business investment
The dramatic decline in the price of oil has led to massive investment reductions by U.S. oil and gas producers.
May 14, 2020
Labor economy at greater risk in Texas than U.S. during COVID-19 crisis
The coronavirus crisis could more adversely affect the Texas economy than the U.S. economy due to the state’s relatively large share of at-risk jobs, a review of data suggests.
May 12, 2020
Texas economic activity sharply falls in wake of COVID-19
Virus containment measures have prompted unprecedented declines in demand and triggered mass layoffs, shaking business and consumer confidence.
May 07, 2020