Texas Economic Indicators
The Texas economy posted above-averjob gains in May, with employment expanding in every major metro
June 28, 2024
Texas Economy
Growth in Texas service activity moderates
Texas service sector activity expanded at a slower pace in June than the prior month, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, fell to 1.9 in June from 6.7 in May.
June 25, 2024
Texas Manufacturing Outlook Survey
Texas factory activity was flat in June, according to business executives responding to the Texas Manufacturing Outlook Survey.
June 24, 2024
Texas Employment Forecast
The Texas Employment Forecast estimates jobs will increase 2.4 percent in 2024, with an 80 percent confidence band of 1.9 to 2.9 percent.
June 21, 2024
Service sector leads Texas gains; firms say credit constraints not binding
Texas economic activity expanded at a modest pace in May, driven by the service sector. Texas employment growth picked up, and the unemployment rate nudged up to 4.0 percent in April from 3.9 percent in March.
June 20, 2024
El Paso, Juarez, Las Cruces: Cities representing three states, two countries, one community
Dallas Fed President Lorie Logan's 360° Listening Tour is taking her to communities all around the Eleventh Federal Reserve District. The tour is helping deepen her understanding of the region’s people and economy by adding color and perspective that go beyond official statistics.
June 18, 2024
Texas Economic Indicators
In April, the Texas economy posted strong job gains. Job openings show a downward trend in early May but remained above the nation.
May 31, 2024
Texas Economy
Growth resumes in Texas service sector, but outlooks continue to worsen
Growth in the Texas service sector expanded in May after activity stalled in April, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, increased from 0.3 to 6.7, a reading suggestive of an increase in activity.
May 29, 2024
Texas Manufacturing Outlook Survey
Texas factory activity edged down in May, according to business executives responding to the Texas Manufacturing Outlook Survey.
May 28, 2024
Income disparities between white and Hispanic and Black Texans seen from 2005 to 2019
In the United States, a great deal of research has documented income disparities across racial and ethnic groups over time. If left unaddressed, those disparities could act as a headwind to future economic growth, especially given the country’s increasingly diverse population.
May 23, 2024