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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.
Trade Tensions Cloud Outlook as Texas Experiences Moderate Growth
The region’s moderate expansion continues, despite a weakening outlook. Job gains were solid in May, with most industries and major metros adding to payrolls, and labor markets remaining historically tight.
Cost of Texas’ 2021 Deep Freeze Justifies Weatherization
Our analysis indicates winterizing for extreme winter weather events appears financially reasonable.
Texas Economic Activity Springs Ahead as Growth Strengthens
Economic activity in Texas accelerated sharply in March, according to recent data that also indicate a continuation of the strong momentum. Fiscal stimulus, greater mobility and increasing COVID-19 vaccinations are driving the improving outlook.
Texas economic growth outpaces nation despite persistent downside risks
Texas employment growth advanced in May, continuing to surpass the national average.
Location, location, location: Mortgage rate impact varies by metro
The role of individual housing markets and their sensitivity to mortgage rate changes play an important part in understanding the impact of higher rates.
Journal Article
Does foreign direct investment help emerging economies?
Journal Article
Less involuntary part-time work suggests Texas economic strength
Fed policymakers have closely watched part-time workers as an indicator of labor market health. While the ranks of involuntary part-timers have remained persistently high since the Great Recession?suggesting remaining labor market slack?the pattern has been less notable in Texas.
Journal Article
Self-employment an option for workers who lose jobs in economic slowdowns
Because of the significance of self-employment, understanding its relationship to the business cycle is especially useful during periods of financial stress.