Thursday, March 12, 2015

DFW Economic Indicators March 2015 via Dallas Fed

The Dallas–Fort Worth economy continues to expand at a solid pace. In January, DFW employment grew 4.6 percent, outperforming the state’s 1.7 percent rate. The unemployment rate held steady in Fort Worth and edged up in Dallas during the month. The residential housing market remains tight, characterized by low affordability and rising house prices. Dallas Fed business-cycle indexes point to continued expansion for the metroplex.

Employment expanded at a rapid clip in January, although the 4.6 percent annual pace was down slightly from the 5.3 percent rate registered in the fourth quarter. Job creation occurred in most major sectors, with payroll declines limited to the financial activities and miscellaneous services sectors. In January, DFW added 12,500 jobs.

Read more...DFW Economic Indicators March 2015 via Dallas Fed

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