The Texas economy modestly expanded, with employment growing at a 2.1 percent annual rate in May. Exports rose in April, and construction contract values surged in May. The Texas Leading Index ticked up in April for the first time since August 2014.
Texas employment edged up at a 2.1 percent annualized pace in May, slower than the nation’s 2.4 percent increase. Texas gained 20,300 jobs in May after adding 11,400 jobs in April. Current Texas employment stands at 11.8 million, according to the payroll survey (Current Employment Statistics).
Read more...Texas Economic Indicators June 2015 via Dallas Fed
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