DFW Economic Indicators May 2014 via Dallas Fed

The Dallas–Fort Worth economy expanded at a rapid clip in April. DFW employment grew 8.7 percent, faster than Texas and the U.S., which grew 5.7 percent and 2.5 percent during the month. Unemployment rates in both Dallas and Fort Worth declined further in April. Robust leasing activity continued to keep office and apartment vacancies low despite strong construction. The Dallas Fed business-cycle indexes posted increases, suggesting continued expansion for the Dallas–Fort Worth metroplex.

Dallas–Fort Worth employment expanded at a faster pace in April. Jobs grew at an annual rate of 8.7 percent in April, up sharply from the 2.7 percent increase recorded in March. For the year, Dallas–Fort Worth has added 46,700 jobs—a 4.6 percent annualized pace.

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