Dallas Fed Finds Job Prospects Softening

February 11, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The oil and gas industry was among the major drivers of job growth in Texas last year, but the Federal Reserve Bank of Dallas said in something of a recurring theme that growth was rather sluggish. The Dallas Fed found that 244,000 jobs were added to Texas payrolls last year, a 1.7% increase from 2023 levels. Companies featured: Duke Energy Corporation (NYSE:DUK), Expand Energy Corporation (NASDAQ:EXE), Halliburton Company (NYSE:HAL), SLB (NYSE:SLB) and Chevron Corporation (NYSE:CVX)