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"As I sit at the FOMC table, I continue to fret more about inflation than I do about growth. While I am well aware of the risks to economic growth, the history of inverted yield curves, and the ever present possibility of exogenous shocks in a politically hazardous world, the 'balance of risk,'...
Persistent link: https://www.econbiz.de/10010726050
Texas' commercial real estate market steadily worsened as recession took hold in 2009. Commercial real estate's woes don't bode well for banks already struggling with losses from residential loans. The number of distressed properties--those in foreclosure, in bankruptcy or restructured--is rising.
Persistent link: https://www.econbiz.de/10008628380
The beleaguered Texas housing market has been getting some help from Washington's attempts to revive the economy. First-time homebuyers in the state are taking advantage of tax credits of as much as $8,000 provided by the American Recovery and Reinvestment Act of 2009.
Persistent link: https://www.econbiz.de/10008628381
The hardships of recession aren't confined to the private sector. Dallas Fed regional economist Jason Saving takes a look at how state budgets are faring in the long, deep slump--starting with Texas.
Persistent link: https://www.econbiz.de/10008628382
Texas' foreign-born population increased in 2008 by 58,320, or 1.5 percent, according to newly released data from the U.S. Census Bureau's American Community Survey.
Persistent link: https://www.econbiz.de/10008628383
Expanding trade has brought jobs and business to Texas, but has left the state particularly vulnerable to antitrade actions. Texas would suffer greatly if the U.S. and other countries implement protectionist measures.
Persistent link: https://www.econbiz.de/10008628384
With Texas facing hard times, four of the Dallas Fed's regional experts give an update on the state's economic performance in 2009, looking at the key areas of employment, manufacturing, housing and energy.
Persistent link: https://www.econbiz.de/10008628387
The housing bust leaves in its wake elevated foreclosure levels in Texas and the U.S. Like other consequences of the bust, including declines in construction and existing-home sales, foreclosures have been less severe in Texas. While the nation's foreclosure rate has grown nearly sixfold over...
Persistent link: https://www.econbiz.de/10008628389
Texas found itself left out of the nation's first quarterly uptick in venture capital activity since 2007. Investment in the state fell 58 percent from the first to second quarter, coming in at $74 million, its lowest level since data first became available in 1995.
Persistent link: https://www.econbiz.de/10008628391
A drought that has persisted for two years shows no signs of relenting, taking an increasing toll on Texas agriculture.
Persistent link: https://www.econbiz.de/10008628392