Dallas–Fort Worth Economic Update November 2013 via Dallas Fed

The Dallas–Fort Worth economy has expanded at a moderately strong pace this year and is outperforming the state as a whole. Year to date, Dallas–Fort Worth employment has grown 2.9 percent, which is above the state’s rate of 2.4 percent. Job growth continues to be mostly broad-based across sectors. Housing activity remains at high levels, and home prices continue to rise as inventories fall. Demand for industrial space has led to the lowest availability rates since 2007. The Dallas and Fort Worth unemployment rates remain below those of the U.S and Texas, and the Dallas Fed Business-Cycle Indexes suggest continued expansion for the Dallas–Fort Worth metroplex.

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