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Rudebush et al (2015a, b) and the Bureau of Economic Analysis find the presence of residual seasonality in the official estimates of U.S. real gross domestic product (GDP). Directly seasonally adjusting official seasonally adjusted GDP, which we refer to as double seasonal adjustment, could...
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The Texas economy grew moderately in 2010, outperforming most other states. Jobs increased by 209,000, a growth rate of about 2 percent—near the state’s average pace since 1980. Strength in the high-tech and energy sectors was an important source of Texas’ economic might relative to other...
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Mexican citizens logged 70 million border crossings into Texas in 2011. While some came for work, school or family reasons, many traveled to border cities to shop.
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In 2013, Texas is likely to see faster economic growth than most U.S. states, although the pace will slow somewhat as manufacturing reflects weak international demand and energy extraction continues its moderation.
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The value of Texas agricultural land has followed national trends since the early 1990s. Last year, however, the state's average price per acre remained unchanged, a sharp contrast to the nation's first decline in 17 years. Texas was one of only eight states that didn't see falling farm values...
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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.
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