Thursday, May 4, 2017

Houston Economic Indicators May 1 2017 via Dallas Fed

Economic data were mostly positive for Houston in the first quarter of 2017. Labor market data were strong, international trade flows through the port expanded, the housing market firmed and the business-cycle index indicated a modest expansion. However, the office market is still softening, and job ads continue to send a contrary signal. Taken together, the data suggest a cautiously optimistic outlook for Houston.

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