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.

U.S. financial woes are taking a toll on commercial real estate> investment in Texas. Uncertainty is prevalent among buyers and> sellers of office, industrial, retail and apartment properties,> and property sales are likely to remain subdued in the near term.

The Dallas metropolitan division's economy, buttressed by business relocations and consolidations, has expanded steadily since 2010, following the Great Recession. Growth sectors, which included business and financial services, defense and security, and transportation, powered Dallas and helped...

Texas' low cost of living has been one key long-term factor in the state's growth story—sustaining the economy through oil booms and busts. However, unprecedented home price appreciation and tight supply of starter homes during the housing recovery have eroded this advantage

Historic flooding from Hurricane Harvey struck many Houston housing developments whose infrastructure was funded with municipal utility district (MUD) bonds. The tax-exempt debt has been widely used in the Houston area, and in the storm’s aftermath, MUD bond issuance has come under review...

Texas commercial real estate activity is poised for a solid performance in 2016, though energy sector-related weakness will constrain prospects, particularly in Houston where an office space overhang should persist