DFW Economic Indicators June 2015 via Dallas Fed

The Dallas–Fort Worth economy slowed in May, with job growth dipping at a 0.6 percent annualized rate. Year to date, DFW employment grew 1.5 percent, outperforming the state’s 1.1 percent rate. Home price appreciation continued at a rapid clip, and housing affordability improved in the first quarter. Unemployment in Dallas and Fort Worth fell in May. Dallas Fed business-cycle indexes point to continued growth, albeit at a slower pace, for the metroplex.

DFW employment dipped 0.6 percent in May, following a solid 4.3 percent increase in April. Over the past 12 months, the metroplex has created jobs at a 3.2 percent rate, matching San Antonio’s pace.

Read more...DFW Economic Indicators June 2015 via Dallas Fed