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Tag Archives: Dallas Federal Reserve

Dallas Fed: Texas oil is strong

Permian Basin, Wolfcamp

The most recent report from the Federal Reserve Bank of Dallas for June 2017 shows that many indicators for the oil and gas sector continued to increase in May. While WTI crude dropped slightly, production growth continues to stay strong, especially in the Permian basin. Below is a summary of the report from the Dallas Fed. For more details and graphs, be sure ...

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Dallas Fed: Oil and Gas Activity Rises in Third Quarter

Dallas Fed, oil and gas activity

Surveys and reports from the Federal Reserve Bank of Dallas are now available for the third quarter. The business activity index – the survey’s broadest measure of conditions facing Eleventh District energy firms – was up from 13.8 in the second quarter to 26.7. While the survey still shows weakness in both industry employment and production, it does show some ...

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Texas outpaced nation in job growth

Texas flag

FORT WORTH, Texas — West Texas oil country led the nation in job growth last month with the largest year-over-year percentage gains in employment even as oil prices tumbled. According to data released Tuesday by the Bureau of Labor Statistics, the Midland metropolitan area saw job growth rise by 6.2 percent. Odessa followed with a 4.7 percent increase. The Houston ...

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