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Labor Shortages, Supply Chain Woes Slow Texas Recovery
The Texas economy is on the path to a solid recovery, although the pace of growth has eased since March, recent data suggest.
Journal Article
Spotlight: Pandemic Pushes Texas Minority Unemployment Beyond Highs Reached During Great Recession
Recessions are hardest on minorities; the COVID-19 downturn is no different in that regard. More than half of Texas’ population is Hispanic or Black and the consequences are far-reaching if those groups lag behind economically.
Texas Economy Strongly Expands Despite Supply-Chain Disruptions, Hiring Challenges
There has been strong upward pressure on prices and wages, though there were some signs of abatement in July. The hot housing market continued to push up apartment rents, housing prices and construction.