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REVEALED: 5 - The Real Truth

Texas oil patch gears up for more growth and spending with the Permian leading the way

What a difference a few years make in the Texas oil patch.

Tribune News Service

No signs of a slowdown here: Texas’ GDP growth surges 8.2%, and population spikes

The latest job estimates show growth has slowed in Texas, but other metrics are still pointing up – way up.

Tribune News Service

Can Texas’ jobs-making machine keep cranking through a 2023 slowdown?

Recoveries don’t last forever.

Tribune News Service

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2022 reconsidered: Just how great was Texas’ job market?

This was the year the Texas economy kept crushing it. Or so we thought.

Tribune News Service

Texas’ economy keeps its edge by importing talent from other states and countries

Brittney Reeves had been in New York City for nine years when Microsoft asked her to consider working in Dallas. She jumped at the chance.

Tribune News Service

Fed Chair Powell: U.S. 'housing bubble' formed during the pandemic and now 'the housing market will go through the other side of that'

"So you really had a housing bubble, you had housing prices going up [at] very unsustainable levels and overheating," says Fed Chair Jerome Powell.

Fortune

Help wanted: Texas has over 1 million job openings, the most ever

Homebuyers may have missed their chance to lock in super-low interest rates, but the window of opportunity for job-seekers remains wide open.

Tribune News Service

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Dallas Fed: A bursting housing market bubble could once again plunge us into recession if policymakers aren’t careful

"The possibility of a sharp price correction leading to an economic contraction would further complicate Federal Reserve inflation-fighting efforts" writes the Dallas Fed.

Fortune

Texas adds 40,000 jobs in September, leads nation in job growth over past year

Texas employers added 40,000 jobs in September, more than doubling the number added the previous month when hiring slowed to its lowest rate since early 2021.

Tribune News Service

Lackluster employment numbers signal economic slowdown for Texas, Dallas Fed says

A new report shows the number of employed Texans remained virtually unchanged from July to August, while unemployment ticked up slightly.

The Texas Tribune

A Texas slowdown? More firms report falling sales, decline in new orders

The Texas economy slowed last month with fewer service companies reporting increases in revenue and more manufacturers reporting declines in new orders, according to surveys by the Federal Reserve Bank of Dallas.

Tribune News Service

US Stocks Pare Losses; Pinduoduo Shares Spike Higher

U.S. stocks pared losses toward the end of trading, with the Dow Jones dropping just 40 points on Monday.

Benzinga

Nasdaq Down Over 1%; Crude Oil Rises Sharply

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dropping more than 100 points on Monday.

Benzinga

Still booming: How Texas keeps attracting more workers and creating more jobs

Higher interest rates are slowing the real estate business, but the job market is proving to be more resilient, especially in Texas.

Tribune News Service

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Tribune News Service

Texas’ boom-bust oil and gas business is booming for workers — for now

In the Texas oil patch, average pay has always been higher than in most industries, and it’s apparently rising fast, according to a June energy survey by the Federal Reserve Bank of Dallas.

Tribune News Service

Turning point? Housing market is eroding quickly as buyers ‘look for better deals’

Higher interest rates have already rattled Wall Street and are now reaching Main Street.

Tribune News Service

Texas manufacturers raise recession fears amid falling demand, slower output

Texas manufacturers are tapping the brakes.

Axios

Gas prices aren't leading to less driving — yet

Gas demand is historically not very sensitive to prices.

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Tribune News Service

Dallas Fed appoints first female president to succeed Rob Kaplan

Federal Reserve Bank of New York executive Lorie Logan will become the 13th president of the Dallas Fed and its first female chief following a seven-month search.

Tribune News Service

Congressional Democrats urge Dallas Fed to select a Latino for president

Twenty-two Democratic members of Congress are urging the Federal Reserve Bank of Dallas to appoint the first Latino regional president to fill the top position that’s been vacant since October.

Tribune News Service

Fears of housing bubble mount, but any correction won’t be like the last

In the first year of the pandemic, home values defied expectations by skyrocketing. During the second year of life with COVID, property prices soared even more.

Benzinga

Is Biden To Blame For High Gas Prices? Here's What Oil Execs Say

Gas prices recently hit all-time highs in the United States as pressures from the Russian invasion of Ukraine pushed the cost of oil higher.

Tribune News Service

Recession is unavoidable without Russian oil, Dallas Fed study says

The global economy likely won’t be able to avoid a recession without a resumption of Russian energy exports this year, according to a study by Federal Reserve Bank of Dallas economists.

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