Monthly Review of Texas Economy, September 2014 via Real Estate Center at Texas A&M

The Texas economy gained 381,600 nonagricultural jobs from August 2013 to August 2014, an annual growth rate of 3.4 percent compared with 1.8 percent for the United States (Table 1 and Figure 1). The state’s nongovernment sector added 347,200 jobs, an annual growth rate of 3.7 percent compared with 2.1 percent for the nation’s private sector (Table 1).

Texas’ seasonally adjusted unemployment rate fell to 5.3 percent in August 2014 from 6.4 percent in August 2013. The nation’s rate decreased from 7.2 to 6.1 percent (Table 1).

Read more...Monthly Review of Texas Economy, September 2014 -- Real Estate Center at Texas A&M