The Dallas District is showing signs of resilience and growth, with various sectors adapting and innovating. However, uncertainty surrounding policy, costs, and demand keeps businesses and communities cautious and vigilant.
Growth was noted in non-financial services, manufacturing, and retail sales. Loan volumes increased, particularly in residential and commercial real estate, even as housing market activity remained subdued and sellers relied on incentives to close transactions. Agricultural conditions were favorable, while drilling and oil production remained flat.
Employment levels were stable, with moderate wage increases. Prices experienced modest growth overall, except in manufacturing, where tariffs led to stronger price pressures. Business outlooks improved, though concerns persist regarding trade policy, elevated interest rates, and tighter immigration regulations.
At Texas Security Bank, we remain passionate about Elevating the Champions of Free Enterprise and committed to helping you achieve your goals in 2025 and beyond!
Traci Spratt, CPA- Chief Financial Officer
Texas Security Bank