Texas Economic Indicators May 2015 via Dallas Fed

The Texas economy expanded at a modest pace in April. Employment growth was positive during the month, and unemployment held steady. Exports dipped during the first quarter. The Texas Leading Index ticked down in March for the seventh consecutive time.

Texas employment edged up at a 1.0 percent annualized pace in April, slower than the nation’s 1.9 percent increase. Texas gained 9,700 jobs in April after shedding 11,800 jobs in March. Current Texas employment stands at 11.78 million, according to the payroll survey (CES).

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