The Texas economy continues to grow at a rate higher than the national average. The state gained 261,000 nonagricultural jobs from August 2011 to August 2012, an annual growth rate of 2.5 percent compared with 1.4 percent for the United States. The state’s private sector added 270,900 jobs, an annual growth rate of 3.1 percent compared with 1.8 percent for the nation’s nongovernment sector.
Read more...Monthly Review of Texas Economy, September 2012 via Real Estate Center at Texas A&M University
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