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Jun 22, 2023 · With high interest rates and tighter credit conditions, risks to the outlook are to the downside. Employment growth accelerates in May. Job growth strengthened in May as the Texas economy added 41,000 jobs—a 3.6 percent annual growth rate, which exceeded the 2.6 percent U.S. rate. April job gains were revised down to 2.5 percent from 2.8 percent.
Sep 26, 2019 · Outlook for steady growth; downside risks increase. The outlook for the Texas economy remains positive, and the employment forecast still calls for above-trend growth through year-end. Nonetheless, the energy sector is likely to remain weak. Businesses expressed that their uncertainty has increased and their outlooks have dimmed slightly.
May 12, 2022 · Additionally, rising interest rates and tighter monetary policy represent key downside risks. After accelerating in February, Texas job growth moderated in March, with the economy adding 25,000 jobs. The state’s 2.3 percent annualized growth rate for the month compares with the U.S. rate of 3.5 percent. Despite the deceleration in March ...
Dec 1, 2022 · More challenges are arising for the Texas economy, both in the manufacturing and service sectors, according to new reports from the Federal Reserve Bank of Dallas.. The state's manufacturing ...
Aug 13, 2021 · Texas Is Back in the COVID Soup. The recent surge in COVID-D cases and the associated drop in available intensive care unit capacity in Texas hospitals represents a significant downside risk for the economy of Texas. To date, state officials are expressing no appetite for tightening social mitigation policies.
Blog. Texas economic growth outpaces nation despite persistent downside risks. Abstract: Texas employment growth advanced in May, continuing to surpass the national average. ...
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Sep 10, 2021 · The Texas economy should perform better than the U.S. economy overall in the third quarter, according to the president of the Dallas Fed. ... "The delta variant presents risks and the unvaccinated ...