Commercial banks in the Eleventh Federal Reserve District reduced their losses substantially in 1989 but still collectively reported a loss for the year. The improvement primarily resulted from increases in fee income. In addition, Eleventh District banks reduced their nonperforming loans and...

The Texas Industrial Production Index (TIPI) measures the output of the manufacturing, mining, and utility sectors of the Texas economy. These sectors are of special interest because of their sensitivity to business cycles and because of the size (albeit declining) of the Texas mining sector....

Many observers view economic diversification as the antidote for the Southwest’s boom-and-bust cycles and as the key to long-term economic growth. Robert W. Gilmer addresses this issue by analyzing whether regional growth has been dominated by industry-specific cyclical factors or whether...

Remarks before the Texas A&M Retailing Summit, Dallas, Texas, October 7, 2011 ; "We have filled the gas tanks of the economy with affordable liquidity. What is needed now is for employers to confidently step on the pedal and engage the transmission that will use that fuel to move the great...

Remarks at a Community Luncheon Hosted by the Federal Reserve Bank of Dallas, San Antonio, Texas, August 29, 2006 ; "The business of getting it right on inflation is not an easy task. I keep a close eye on all of the inflation measures--especially now, when high energy prices and utility bills...

In July 2010, the Federal Reserve Bank of Dallas launched the Community Outlook Survey, a quarterly online survey to assess community and economic development in the Eleventh District of the Federal Reserve System--Texas, northern Louisiana and southern New Mexico. ; This seven-question survey...