Texas Economic Indicators November 2014 via Dallas Fed

The Texas economy continues to expand, with employment growing at a 3.2 percent annual rate in Sep­tember. Texas existing-home sales and single-family permits increased in September, while housing starts declined. Texas exports edged up in August. Manufacturing activity in October rose at a slightly slower rate than in September,accord­ing to the Texas Manufacturing Outlook Survey.

Texas employment rose at a 3.2 percent annualized pace in September,faster than the nation's 2.2 percent increase. Texas gained 30,800 jobs in September after add­ing 38,400 jobs in August. Current Texas employment stands at 11.6 million, accord­ ing to the payroll survey (CES).

The Texas unemployment rate fell to 5.2 percent in September.The Texas rate con­tinues to be lower than the U.S.rate,which fell to 5.9 percent in September.

Read more...Texas Economic Indicators November 2014 via Dallas Fed