Tuesday, August 27, 2019

DFW Economic Indicators August 2019 via Dallas Fed

Dallas–Fort Worth economic growth strengthened in July. Payroll employment grew at a rapid clip, and unemployment stayed low. The Dallas and Fort Worth business-cycle indexes expanded further. Housing market indicators suggest a cooling in home price appreciation and homebuilding activity, and inventories remained tight, particularly at the lower price points. Revised (benchmarked) data indicate that DFW employment grew 2.6 percent in the first seven months of 2019—slightly above its long-term trend rate.

Read more...Dallas-Fort Worth Economic Indicators August 2019 via Dallas Fed

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