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Member Bank of Federal Reserve
The Federal Reserve Bank of Dallas is one of the twelve Federal Reserve Banks of the United States. It is responsible for the Eleventh District of the Federal Reserve System, which encompasses Texas, northern Louisiana and southern New Mexico, a region sometimes referred to as the Oil Patch. The district is headquartered in Dallas and has branch offices in El Paso, Houston, and San Antonio. The bank's chief executive officer and president is Lorie K. Logan.
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That figure is double the reading from 3 months ago even though slightly fewer executives added to spending in the third quarter.