The Texas economy continued to expand in January, albeit at a slower pace than in December. Existing-home sales, single-family permits and housing starts all fell in January. Quarterly exports declined in the fourth quarter. Manufacturing activity was flat in January and February, according to the Texas Manufacturing Outlook Survey.
Texas employment grew at a 1.7 percent annualized pace in January, slower than the nation’s 2.1 percent increase. Texas gained 16,200 jobs in January after adding 40,700 in December. Texas employment stands at 11.75 million, according to the payroll survey (CES).
Read more...Texas Economic Indicators March 2015 via Dallas Fed
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