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Journal Article
New Technology Boosts Texas Firms' Output, Alters Worker Mix
A Federal Reserve Bank of Dallas survey of manufacturing and services firms in Texas found that as companies adopt new technologies, the number of workers is little changed though the employees? skill levels shift. While some manufacturers see tighter margins as a result of technology and globalization, service sector firms may realize increased pricing power.
Journal Article
Go Figure: Vehicle Sales Highlight Surprising Resilience in Spending During Pandemic
Texas truck/SUV sales held steady while car sales declined steeply amid the recession caused by COVID-19.
Journal Article
Go Figure: Pandemic, Remote Learning Undo STAAR Test Gains; Texas Student Scores Slide
Hispanic and Black students’ scores on the 2021 exam fell more than those of white students and reversed previous years' gains.
Journal Article
Spotlight: Wind and Solar Power: Perfect When Paired in Texas
As wind and solar power generation becomes more competitive economically relative to conventional coal and natural gas generation, states will likely increase their dependence on such renewable sources.
Journal Article
Texas Facing Historically Tight Labor Markets, Constraining Growth
Texas labor markets have become very tight in recent years following steady post-Great Recession job growth. Labor force expansion, once fueled by migration, has eased, and businesses report that they cannot find sufficient numbers of workers to expand?particularly for middle-skill positions. This has constrained economic growth and pressured wages higher.
Journal Article
Texas to remain a top state for job growth in 2014
The economy continued to expand broadly, with employment in oil and gas, leisure and hospitality, professional and business services, and construction growing strongly.
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.
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.
Texas Economy’s Rebound Stalls in July after Gains in May, June
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.
Texas Economy Grows Rapidly Despite Labor, Supply-Chain Constraints
Regional economic activity accelerated sharply in September and October following a summer and early-fall peak of a COVID-19 wave tied to the Delta variant.