July 31, 2010
- 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.
July 19, 2010
- Growth in the Houston economy is indicated by an expanding list of key measures, but an important point was passed in March with a second consecutive month of local job growth.
July 15, 2010
- The U.S. economic recovery appears to have been solid through second quarter 2010. However, with fiscal stimulus measures and the inventory correction nearing an end, there are reasons to be concerned that growth will slow in the second half of the year.
June 23, 2010
- The current international situation can best be described as strong economic growth in emerging markets, a continued economic recovery in advanced economies and financial market strains in Europe. European sovereign debt problems persist, and the potential for contagion beyond the euro area remains. Inflationary pressures are still subdued and are expected to stay at modest levels.
June 14, 2010
- The Houston Business-Cycle Index, computed by the Federal Reserve Bank of Dallas, now shows a cyclical trough for the Houston economy in December 2009, indicating that Houston hit bottom about six months after a similar index turned up for the U.S. economy. So far in 2010, Houston's modest gains in payroll employment have been a mirror image of the U.S. labor market, and local unemployment remains stubbornly high.