Production of more than 7 billion pounds a year makes milk one of Texas' top 10 agricultural commodities. However, 2009 is shaping up to be a tough year for the state's dairy producers.

While conditions remain weak, it appears that the Texas economy is on a steadier course after a rough ride last year. Recent economic data and anecdotal evidence suggest the worst of the state's economic woes may be over. Activity is growing in several sectors. The state maintains its...

In both Texas and the U.S., existing-home sales have been rising since March 2009--due in part to a tax credit of up to $8,000 for first-time homebuyers. The tax credit has also helped stimulate construction.

Despite some of the positive news in housing markets, the rate of mortgage foreclosures and delinquencies in Texas is on a sharp incline. This issue of e-Perspectives provides a list of foreclosure resources.

In a recent Southwest Economy, Dallas Fed economists D'Ann Petersen and Laila Assanie examine the Texas housing market. Another article, by the Real Estate Center at Texas A&M University, provides an in-depth analysis of Texas' housing affordability and how it differs across the state's...

"As to the Federal Reserve reducing its balance sheet so as not to monetize the excess reserves waiting to be converted to bank loans to the private sector, I have been very clear: Given the lag between the time monetary policy is initiated and when it impacts the economy, that wind-down process...

Remarks before the 2010 Pre-Session Legislative Conference, Austin, Texas, December, 2010 ; "With each passing year, Texas has consistently outperformed the rest of the nation in growing economic prosperity. Over the past three especially difficult years, the Texas economy has outperformed all...