The Texas economy continues to expand, with employment growing at a 4.5 percent annual rate in May. Single-family construction permits and existing-home sales in Texas increased, while housing starts decreased in May. Texas exports edged up in April. Manufacturing activity in June rose at a faster rate than May, according to the Texas Manufacturing Outlook Survey.
Texas gained 42,000 jobs in May after adding 54,100 jobs in April. Current Texas employment stands at 11.49 million, according to the payroll survey (CES).
Read more...Texas Economic Indicators July 2014 via Dallas Fed
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