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Federal Reserve Bank of Dallas Headlines
The Federal Reserve Bank of Dallas serves the public by contributing to national monetary policy, supervising and regulating financial institutions, and helping maintain a strong payments system.

• Texas Economic Indicators
  Texas continued to add jobs for the seventh consecutive month in July. House prices edged up in the second quarter, although other measures for the state's housing market show continued weakness. Quarterly exports increased for the fifth quarter in a row and were up 26 percent from last year.
• Texas Manufacturing Activity Still Weak
  Texas factory activity was unchanged in August, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, came in at zero, posting a third consecutive month of little to no growth.
• Trimmed Mean PCE Inflation Rate for July 2010
  The trimmed mean PCE inflation rate for July was an annualized 0.9 percent. According to the BEA, the overall PCE inflation rate for July was 2.9 percent, annualized, while the inflation rate for PCE excluding food and energy was 1.3 percent.
• Economic Letter: Can the Nation Stimulate Its Way to Prosperity?
  Evidence suggests the stimulus plan has provided a short-term economic boost, though it's unclear how large this boost has been.
• Economic Letter: Can the Nation Stimulate Its Way to Prosperity?
  Evidence suggests the stimulus plan has provided a short-term economic boost, though it's unclear how large this boost has been.
• Trimmed Mean PCE Inflation Rate for June 2010
  The trimmed mean PCE inflation rate for June was an annualized 0.8 percent. According to the BEA, the overall PCE inflation rate for June was -1.7 percent, annualized, while the inflation rate for PCE excluding food and energy was 0.5 percent.
• Latest Texas Economic Indicators show slight employment growth in June
  Texas employment expanded slightly in June, marking the sixth consecutive month of job growth. There was weakness in the housing market, as June housing starts and existing-home sales fell from their May readings. Texas exports dipped in May but remained significantly above the levels seen a year ago. Texas factory activity rebounded slightly in July after contracting in June, according to the Texas Manufacturing Outlook Survey.
• Speech by Richard W. Fisher
  Random Refereeing: How Uncertainty Hinders Economic Growth (With Reference to Lucky Puppies, Pepper...and Salt, Lawrence Summers and Thomas Jefferson)--"In whatever realm and whatever form, excessive uncertainty is the enemy of economic growth. As Ben Bernanke wrote in 1980, the 'resolution of uncertainty' can lead to '[a business] investment boom.' It follows, then, that if and as regulators and legislators provide more clarity, a major roadblock to economic growth will be removed."
• Houston Economic Update
  The U.S. economy hit some turbulence in June, with a string of poor reports from manufacturing, housing and job markets. Houston data lag by several weeks, but early reports indicate that the U.S. weakness may well have been shared by the local economy.
• Employment by Federal Reserve District
  The Federal Reserve Bank of Dallas produces estimates of monthly payroll employment by Federal Reserve District. These data are now available to the public and will be updated monthly.
• Dallas Beige Book
  The Federal Reserve System's latest Beige Book survey has been released. The Dallas Beige Book, along with a link to the national summary and reports from other Federal Reserve Districts, is available online.
• Texas Manufacturing Outlook Survey
  Texas Manufacturing Activity Remains Sluggish--Texas factory activity rebounded slightly in July, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key indicator of state manufacturing conditions, rose from -2 to 5, suggesting output expanded slightly in July after contracting in June.
• Recovering from the Housing and Financial Crisis
  Four major recessionary impulses resulted from the recent financial crisis: home construction plunged, wealth fell, credit standards tightened and financial markets seized up.