Wednesday, March 28, 2012

Texas Ahead: Tracking the Texas Economy via Texas Comptroller Updated 3/23/12

Updated March 23, 2012.

Texas total nonfarm employment increased by 67,200 jobs during January 2012. Between January 2011 and January 2012, Texas added 258,200 nonfarm jobs, an increase of 2.5 percent. Over the past year, Texas added jobs in nine of the 11 major sectors, including professional and business services; trade, transportation and utilities; leisure and hospitality; mining and logging; Education and Health Services; Manufacturing; Financial Activities; construction; and Other Services.

* During the 12 months ending in January 2012, 32,203 multi-family housing building permits were issued, 71 percent more than one year ago.

* January 2012 home sales were 10 percent higher than in January 2011.

* In February 2012, the Texas foreclosure rate was one in every 1,044 mortgages, substantially better than Nevada's one in 278, California's one in 283, Arizona's one in 312 and Florida's one in 341.

Read more...Texas Ahead: Tracking the Texas Economy via Susan Combs, Texas Comptroller

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