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Texas economy grows modestly; business outlooks brighten
The Texas economy exhibited recent signs of expansion, though job growth has slowed. A measure of economic activity, The Dallas Fed Texas Business Outlook Surveys (TBOS), shows moderate gains in services revenue, a resumption of retail sales increases and stable manufacturing production.
Journal Article
Waco building on ‘Fixer Upper,’ Baylor notoriety to reinvent itself
Malcolm Duncan, whose tenure as Waco mayor coincided with the city’s emergence as a destination and area economic hub, discusses how the city has changed and where its future fortunes and challenges lie.
Journal Article
COVID-19 Slammed into Texas, Leaving Long-Lasting Impacts
The economic road from the COVID-19 recession in Texas will likely feature a steeper, more rapid climb than the usual gradual rise associated with most recoveries. Some structural changes that the pandemic wrought will take longer to resolve, including those that will make work from home a longer-term occupational reality for some.
Texas economy moderates toward more normal growth in 2024
Texas economic growth remains healthy while gradually reverting to a more historically normal pace of expansion following the pandemic when a bust in the first half of 2020 preceded a subsequent boom.
Texas modestly grows with soft landing likely
Texas firms reported below-average output growth to start 2023, while employment and wage gains remained elevated despite indications of a softening labor market.
Texas economic sentiment upbeat amid price pressures, uncertainty
Texas companies reported rising service sector revenue and a resumption of production growth in the manufacturing sector after weakness in 2023 and much of 2024, according to the Dallas Fed’s Texas Business Outlook Surveys (TBOS).
Texas Economy Building Momentum to Start Year
Growth in the Texas economy picked up at year-end 2019 and accelerated into January and job gains in December were accompanied by service sector growth.
Journal Article
Texas economy to ride higher in the saddle in 2011
The Texas economy grew moderately in 2010, outperforming most other states. Jobs increased by 209,000, a growth rate of about 2 percent?near the state?s average pace since 1980. Strength in the high-tech and energy sectors was an important source of Texas? economic might relative to other parts of the country. The state also suffered less from housing price declines. ; Leading indicators, generally positive at the end of 2010, suggest an improving outlook in 2011 as consumers and businesses regain confidence in the economy. The Dallas Fed forecasting model projects Texas job growth of 2.5 ...
Journal Article
Texas high tech shakes off post-pandemic slump, readies new growth path
Texas is poised to lead in new advanced technologies, notably artificial intelligence (AI) and semiconductor manufacturing.
Journal Article
What’s Driving Wide Gap Between Cattle and Beef Prices?