09272020Sun
Last updateWed, 23 Sep 2020 9pm

Manufacturing & The Economy

Dallas Fed: Uneven Economic Recovery Likely in Texas

With the unusual economic shocks following COVID-19, traditional measures of economic activity have not been timely enough to capture the latest changes in the economy and are likely subject to greater revision than usual. In this environment, surveying businesses on real-time economic conditions becomes even more valuable.

The Dallas Fed’s Texas Business Outlook Surveys show that while recovery continued in some sectors in July, it faltered in others as new COVID-19 cases surged across the state. The surveys have a well-established track record of reliably informing the nation about economic conditions in Texas, and they reflect a large and robust sample, in fact reaching record response numbers amid the pandemic.

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