Laila Assanie

Dec 4, 2024 | dallasfed.org | Robert Leigh |Laila Assanie |Isabel Brizuela

New Mexico is the nation’s second-largest oil and gas producer (behind Texas). It is the home to cutting-edge federal research and houses a busy port of entry through which a growing volume of goods passes from Mexico, the nation’s No. 1 trade partner. Yet, New Mexico’s economy has historically lagged other Southwest economies and the nation.

Aug 8, 2024 | dallasfed.org | Laila Assanie |Robert Leigh

The Texas labor market cooled in June, with employment flat compared with the prior month. However, job growth in the first half of the year was solid, surpassing the national average. Texas Business Outlook Surveys (TBOS) indicate a modest pace of expansion led by services and a stabilization of price and wage growth expectations. The housing market slowed, with sales down and inventories rising. Data reflecting strain among small businesses and low- and moderate-income households appeared mixed.