The Austin economy grew at a steady pace in November. Jobs grew at a modest pace of 2.3 percent annualized, while the unemployment rate remained flat at a low 4.1 percent. Employment in technology industries in Austin has led overall job growth in the postrecession period, although there are signs that this growth may have moderated in the latter half of the year. Real estate markets continue to grow strongly in Austin, as new construction and home price appreciation show few signs of dampening in the near future.
Read more...Austin Economic Indicators January 2015 via Dallas Fed
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