Texas’ Economic Outlook Weakens, Dallas Fed Says

Texas’ Economic Outlook Weakens, Dallas Fed Says
Workers exit the Marathon Galveston Bay Refinery in Texas City, Texas on May 10, 2022. Brandon Bell/Getty Images
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The Texas economy has softened with lower labor demands and manufacturing output, according to the latest report from the Federal Reserve Bank of Dallas.

On Thursday, the Dallas Fed said wage and price pressures have also eased, adding that it previously overestimated the state’s full-year job growth.
Jana J. Pruet
Jana J. Pruet
Author
Jana J. Pruet is an award-winning investigative journalist. She covers news in Texas with a focus on politics, energy, and crime. She has reported for many media outlets over the years, including Reuters, The Dallas Morning News, and TheBlaze, among others. She has a journalism degree from Southern Methodist University. Send your story ideas to: [email protected]
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