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Is federal broadband funding going to states that need it most?
In the first of a three-part series on digital inclusion, we discuss the details of recent federal broadband funding and its connection to the level of broadband availability.
Job cyclicality provides timely signals on Texas, U.S. business cycle
The cyclicality of industries and their behavior provide early indications of economic turning points in Texas and the U.S. and provide a timelier view than other data that are widely used to confirm downturns and expansions.
Journal Article
Addressing Texas grid reliability: Time to go nuclear?
Thirty years after Texas’ last nuclear plant opened, new nuclear generation could provide needed power without planet-warming greenhouse gas emissions.
Journal Article
Industrial building boom is bigger in Texas, signaling growth wave
Texas is undergoing a boom in technology and energy-related construction that follows a pandemic-era warehouse and logistics building surge.
Journal Article
Texas community banks grapple with national stresses as elevated rates pose new tests
Despite community banks’ relative strength in Texas, the outlook through year-end 2024 comes with evolving downside risks, particularly involving unrealized losses on fixed-income holdings.
Monograph
Texas, Louisiana and New Mexico laying groundwork for greater internet connectivity
This first article in a series on digital inclusion documents the level of digital connectivity in 2022 in the Federal Reserve’s Eleventh District—Texas, northern Louisiana and southern New Mexico.
Economic outlook weakens as job growth, inflation slow
The Texas economy is continuing to slow during the fourth quarter, with labor demand and manufacturing output softening and wage and price pressures easing.
Texas Economic Outlook Weakens, Price Pressures Persist
The Texas economy shows continuing signs of softening, as output and employment indicators suggest slower growth relative to the first half of the year.
Journal Article
Hotter summer days heat up Texans but chill the state economy
As climate change intensifies over the next decade, summer heat waves will likely become more common and severe. The effect on Texas GDP growth is likely to be twice as pronounced as in the rest of the U.S. Meanwhile, the effect on job growth will likely be relatively subdued but vary widely across sectors.
Journal Article
Electric reliability concerns spur Texas backup generation boom
Amid growing concerns about reliability of electricity services across power-hungry Texas, deployment of back-up power sources—microgrids and alternative generation—is increasing. These assets, serving customers ranging from college campuses to oilfield operations, help keep the lights on when disaster strikes.