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Domestic Migration to Texas Slows as National Labor Markets Tighten
Despite a strong economy and historically low unemployment rates in Texas, net domestic migration to Texas from other states has slowed since 2015.
Texas Economy Still Growing, Though Pace Slows
The regional economy is growing at a slower pace than in recent months, with Texas labor markets remaining tight. Energy activity has declined, and export growth has slowed this year.
Labor Economy at Greater Risk in Texas than U.S. During COVID-19 Crisis
The coronavirus crisis could more adversely affect the Texas economy than the U.S. economy due to the state’s relatively large share of at-risk jobs, a review of data suggests.
Texas Jobs Decline at Historic Pace from Impact of COVID-19
The decrease affected all major metro areas, with the steepest drops coming in El Paso, Fort Worth and Austin, followed closely by Houston, San Antonio and Dallas.
Services, Construction Lead Texas as Manufacturing, Energy Soften
Sluggish growth in manufacturing is attributable to softening demand for durables, which appears tied to a slowing energy sector.
Labor Scarcity, Trade Woes Squeeze Texas Business, Survey Finds
Businesses face difficulty both trying to hire in a historically tight labor market and navigating tariffs and trade policy uncertainty.
Surging Renewable Energy in Texas Prompts Electricity Generation Adequacy Questions
With little investment taking place in new thermal generation, does the design of Texas’ electricity market provide enough incentive to develop capacity for future power needs?
Falling Oil Prices Drag Down U.S. Business Investment
The dramatic decline in the price of oil has led to massive investment reductions by U.S. oil and gas producers.
Failed Background Check, Drug Testing Stall Hiring of Low-Skilled Workers
Many companies seek to add employees as the state economy continues expanding at an above-average pace. But not all can find the workers they need.
Trade Relationships Affect U.S. Dollar Appreciation’s Impact Across States
The value of the U.S. dollar against other currencies has appreciated, making most goods produced in the U.S. more expensive overseas during the past year.