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Texas

  • Economic Surveys

    Texas Manufacturing Outlook Survey

    Texas manufacturing output growth decelerated in May, according to business executives responding to the Texas Manufacturing Outlook Survey.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.8 percent in 2026, with an 80 percent confidence band of 1.2 to 2.4 percent.

  • Southwest Economy

    Texas economy shows resilience amid geopolitical uncertainty

    The Texas labor market showed signs of increasing momentum in early 2026, with employment growing 1.7 percent during the first quarter after a sluggish 2025.

  • Southwest Economy

    Trader remains bullish on cattle despite economic, contagion threats

    Leslie Callahan, a co-founder and principal of cattle trading firm Crossroads Cattle, discusses the reasons behind record-high beef prices and challenges facing the industry.

  • Southwest Economy

    Ranchers herd it all as fewer cattle pressure beef prices; screwworm lurks

    Texas cattle ranchers typically benefit from an increase in beef prices, but more recently, the reemergence of the flesh-eating New World screwworm parasite threatens the beef industry.

  • Southwest Economy

    Eleventh Federal Reserve District banks maintain growth, profitability heading into 2026

    Eleventh District banks, benefitting from steady profits, strong credit conditions and improving bank capital levels, are well positioned to compete in a changing regulatory environment.

  • Texas Employment Forecast

    The Texas Employment Forecast indicates jobs will increase 1.8 percent in 2026, with an 80 percent confidence band of 1.2 to 2.4 percent.

  • Economic Indicators

    Energy Indicators

    Global energy markets faced increased volatility in early 2026 following the geopolitical shock of the Iran conflict. The closure of the Strait of Hormuz, as well as attacks on related infrastructure in the region, have not only pushed crude prices up sharply but widened the spread between fuel costs and crude prices. The result has been higher prices at the pump.

  • Economic Indicators

    Texas Economic Indicators

    The Texas economy decelerated at the end of 2025. Overall, employment growth slowed notably in Texas and major metro areas in 2025 relative to 2024, though payrolls expanded in December.

  • Economic Surveys

    Texas Service Sector Outlook Survey

    Texas service sector activity increased in April, according to business executives responding to the Texas Service Sector Outlook Survey.