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Texas economy remains resilient, but low oil prices loom as future risk


  • Keith R. Phillips
  • Christopher Slijk


After weathering tumult in its energy and manufacturing sectors in 2015, a diversified Texas economy is poised for slow growth this year. The biggest risk to the outlook: If oil prices average below $30 per barrel, overall job losses could result.

Suggested Citation

  • Keith R. Phillips & Christopher Slijk, 2016. "Texas economy remains resilient, but low oil prices loom as future risk," Southwest Economy, Federal Reserve Bank of Dallas, issue Q1, pages 3-7.
  • Handle: RePEc:fip:feddse:00064

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