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Labor Scarcity, Trade Woes Squeeze Texas Business, Survey Finds
Kerr, Emily; Slijk, Christopher (2019-07-11)
Businesses face difficulty both trying to hire in a historically tight labor market and navigating tariffs and trade policy uncertainty.
Dallas Fed Economics

Interest rate volatility contributed to higher mortgage rates in 2022
Frame, W. Scott; McCormick, Matthew (2023-04-04)
The Federal Reserve aggressively tightened monetary policy in 2022, responding to high and persistent inflation. The resulting borrowing cost increase for households and firms was generally anticipated. However, fixed-rate mortgage interest rates were especially sensitive to the policy regime change.
Dallas Fed Economics

U.S. Likely Didn’t Slip into Recession in Early 2022 Despite Negative GDP Growth
Atkinson, Tyler; Wei, Victor; Zhou, Xiaoqing (2022-08-02)
Most indicators—particularly those measuring labor markets—provide strong evidence that the U.S. economy did not fall into a recession in the first quarter.
Dallas Fed Economics

Texas electrical grid remains vulnerable to extreme weather events
Golding, Garrett (2023-01-17)
New regulations, weatherization standards and operational changes have addressed many shortcomings, but some critical gaps persist.
Dallas Fed Economics

Texas modestly grows with soft landing likely
Pranger, Ana; Kerr, Emily (2023-02-09)
Texas firms reported below-average output growth to start 2023, while employment and wage gains remained elevated despite indications of a softening labor market.
Dallas Fed Economics

What Can Be Learned from the Persistent Electric Power Outages in Texas?
Kilian, Lutz (2021-04-01)
Texas suffered massive power outages during unusually cold temperatures in February. Millions of households lost access not only to power but also to heat and water for days—a situation that was foreseeable and could have been avoided.
Dallas Fed Economics

Entry, Exit of Firms Amplify the Business Cycle
Bernstein, Joshua; Throckmorton, Nathaniel A.; Richter, Alexander W. (2020-07-14)
When new businesses are created, they generate new jobs. When unprofitable businesses close, employees lose their jobs. Given the connection between firm entry and exit and changes in employment, it is natural to ask how this entry and exit affects the broader business cycle.
Dallas Fed Economics

U.S. Economic Rebound Uneven amid Resurgent Local COVID-19 Outbreaks
Gross, Andrew; Crawford, Jackson; Atkinson, Tyler; Dannels, Sam (2020-08-04)
A full recovery to pre-pandemic levels of economic activity appears unlikely until the virus is under control.
Dallas Fed Economics

Texas Economy’s Rebound Stalls in July after Gains in May, June
Hines, Keighton; Slijk, Christopher (2020-08-06)
The resurgence of COVID-19 in July appears to have reversed economic gains in Texas that emerged when the virus’ frequency abated in May and June.
Dallas Fed Economics

Risks Abound If China Uses Debt to Stimulate Economy from Current Downturn
Davis, J. Scott (2019-04-02)
The Chinese economy is losing steam. As China considers how to work through its difficulties, its chances of success may depend on how it finances the debt it incurs while attempting to boost economic activity.
Dallas Fed Economics

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