DFW Economic Indicators April 2015 via Dallas Fed

The Dallas–Fort Worth economy slowed in March, with job growth declining for the first time in 15 months. For the first quarter, however, payrolls grew a modest 0.9 percent (annualized), faster than the state’s 0.7 percent increase. Home sales grew in March, and apartment demand remained strong. Unemployment in Dallas and Fort Worth held steady in March. Dallas Fed business-cycle indexes point to slower growth for the metroplex.

DFW employment declined at a 3.1 percent annual rate in March. This is the first drop since December 2013, when DFW payrolls edged down an annualized 0.2 percent, shedding 500 jobs. Over the past 12 months, the metroplex has created jobs at 3.4 percent pace—the fastest among major Texas metros.

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