Tuesday, December 2, 2014

DFW Economic Indicators November 2014 via Dallas Fed

The Dallas–Fort Worth economy expanded at a brisk pace in October. Year to date, DFW employment has grown 3.4 percent, slightly slower than the state’s 3.7 percent rate. Job creation remains mostly broad-based across sectors. Activity in the office and industrial markets remains brisk, characterized by rising rents and low vacancy rates, despite elevated levels of construction. Unemployment rates for Dallas and Fort Worth fell again in October and remain below those of the U.S. The Dallas Fed business-cycle indexes point to continued expansion for the Dallas–Fort Worth metroplex.

Dallas–Fort Worth employment expanded at a rapid clip in October. Jobs grew at an annual rate of 5.4 percent in October, up from the 3.0 percent increase recorded in the third quarter. Employment growth in trade, transportation and utilities (the largest sector), construction and mining, and financial activities contributed the most to faster growth during the month.

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

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