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Hotter summer days heat up Texans but chill the state economy

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Abstract

As climate change intensifies over the next decade, summer heat waves will likely become more common and severe. The effect on Texas GDP growth is likely to be twice as pronounced as in the rest of the U.S. Meanwhile, the effect on job growth will likely be relatively subdued but vary widely across sectors.

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  • Aparna Jayashankar & Prithvi Kalkunte & Anil Kumar & Pia M. Orrenius, 2023. "Hotter summer days heat up Texans but chill the state economy," Southwest Economy, Federal Reserve Bank of Dallas, October.
    • Handle: RePEc:fip:feddse:97195
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    File URL: https://www.dallasfed.org/research/swe/2023/swe2309
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    Keywords

    climate; Texas;

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