Federal Reserve Bank of Dallas Texas Economic Indicators Report October 2011

According to the Federal Reserve Bank of Dallas' October 2011 Texas Economic Indicators Report, the Texas economy grew at a modest pace, with employment expanding at a 1.6 percent annual rate in August. Texas home sales rose in August along with single-family permits and housing starts. Texas exports inched up in July, and manufacturing activity increased in August, according to the Texas Manufacturing Outlook Survey's production index. See the full report at FRB of Dallas-Texas Economic Indicators for October 2011