The Texas economy showed signs of growth in December as payroll employment strengthened and the unemployment rate inched down. Respondents to the Texas Business Outlook Surveys indicated healthy activity in December, followed by weaker results in January. Oil prices and the Texas active rig count continue to climb, while the level of dining out in Texas varied by metro. The dramatic rise in hospitalizations in the state and nation due to COVID-19 in recent months is putting a strain on the health care system.
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Texas Economic Indicators 1/26/21 via Dallas Fed
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