Dallas Fed Lifts Texas 2026 Job Growth Forecast to 2%, Matching Long-Run Average
Updated
Updated · Oil City Derrick · Jul 22
Dallas Fed Lifts Texas 2026 Job Growth Forecast to 2%, Matching Long-Run Average
2 articles · Updated · Oil City Derrick · Jul 22
Summary
Texas employment is now projected to grow 2% in 2026, according to the Dallas Fed’s latest model update released late last week.
That marks a clear upgrade from the bank’s early-2026 forecast of just over 1% job growth, which had implied hiring at roughly half the state’s traditional pace.
The revision suggests labor-market conditions have improved more than expected after what the report described as a rough 2025.
At 2%, the new forecast puts Texas back in line with its long-run average rate of employment growth.