Friday, April 25, 2014

DFW Economic Indicators April 2014 via Dallas Fed

The Dallas–Fort Worth economy continued to expand in March. DFW employment grew 2.6 percent, faster than Texas and the U.S., which grew 0.9 percent and 1.7 percent during the month. Unemployment rates in both Dallas and Fort Worth edged down in March. The residential housing market remained healthy, with home inventories still declining and robust construction activity. The Dallas Fed business-cycle indexes posted increases, suggesting continued expansion for the Dallas–Fort Worth metroplex.

Dallas–Fort Worth employment continued to increase in March but at a slower pace. Jobs grew at an annual rate of 2.6 percent in March, following more-robust growth of 4 percent in February. For the year, Dallas–Fort Worth has added 24,600 jobs—a 3.2 percent annualized pace.

Read more...DFW Economic Indicators April 2014 via Dallas Fed

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