Monthly Review of Texas Economy, March 2014 -- Real Estate Center at Texas A&M

The Texas economy gained 301,500 nonagricultural jobs from February 2013 to February 2014, an annual growth rate of 2.7 percent compared with 1.5 percent for the United States (Table 1 and Figure 1). The state’s nongovernment sector added 264,100 jobs, an annual growth rate of 2.9 percent compared with 1.9 percent for the nation’s private sector (Table 1).

Texas’ seasonally adjusted unemployment rate fell to 5.7 percent in February 2014 from 6.5 percent in February 2013. The nation’s rate decreased from 7.7 to 6.7 percent (Table 1).

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