Friday, January 9, 2015

Texas Economic Indicators January 2015 via Dallas Fed

The Texas economy continues to expand, with employment growing at a 3.2 percent annual rate in November. Texas existing-home sales, single-family permits and housing starts all fell in November. Texas exports declined in October and November. Manufacturing activity rose at a faster pace in December than in November, according to the Texas Manufacturing Outlook Survey.

Texas employment grew at a 3.2 percent annualized pace in November, outperforming the nation’s 2.8 percent increase. Texas gained 30,700 jobs in November after adding 44,000 jobs in October. Current Texas employment stands at 11.7 million, according to the payroll survey (CES).

Read more...Texas Economic Indicators January 2015 via Dallas Fed

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