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Improved business outlooks, faster job growth boost Texas outlook
A majority of Texas Business Outlook Surveys participants expect increasing demand over the next six months, signaling an improving business outlook, even as inflation and wage growth in Texas remain elevated.
Texas firms open to AI as tariff work-around strategy
Firms are adopting AI and automation to offset rising tariff costs and shrinking margins, aiming to boost productivity and reduce labor needs amid economic challenges.
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.
Wage growth still exceeds 3 percent despite slowing in business survey measures
Fed policymakers working to reduce inflation have closely monitored how fast wages have risen. National estimates put recent 12-month wage inflation at around 4–5 percent, though these measures can lag other indicators of labor market conditions. More timely wage data can be found from the five regional Federal Reserve Banks that run business surveys.
Texas economic activity, job growth weaken as 2023 closes
Texas economic growth slowed in the fourth quarter, with job growth falling sharply in October and business activity contracting slightly in November.
Texas economic outlook downbeat as uncertainty increases
The Texas economy grew slightly below trend through the first quarter of 2025. While job growth appears just off its long-term annual trend rate of about 2.1 percent, the Dallas Fed Texas Business Outlook Surveys (TBOS) point to slowing activity in both the services and manufacturing sectors.
Texas shows signs of slowing; price pressures ease despite buoyant services
Texas job growth slowed in June, though it still exceeded the U.S. rate. Meanwhile, the state economy continued to expand despite the downshift in employment and weakness in manufacturing.
Texas posts job gains in August, bolstering outlook despite signs of slowing
The Texas economic expansion continued in August despite some signs of slowing. Employment growth strengthened, rebounding from weakness in the prior two months.
Texas economic activity expands modestly; labor market remains healthy
Texas economic activity expanded at a modest pace in April. While the manufacturing sector rebounded, the service sector slowed. Texas employment growth was moderate in the first quarter, slightly above the state’s roughly 2 percent long-run trend, and the unemployment rate held steady.
Texas overcomes mid-summer doldrums as economic prospects improve
Economic expansion in Texas accelerated during September and October, pointing toward an improving regional economy after summer weakness.