Austin Economic Indicators July 2015 via Dallas Fed

The Austin economy continued to grow strongly in May. Job growth picked up to a 6.6 percent annualized rate, triple the state rate of 2.1 percent. The unemployment rate further declined to a postrecession low of 3.2 percent. Economic activity in Austin has continued to outpace that of other major metropolitan areas in Texas. A lesser dependency on the energy sector has insulated it from much of the weakness impacting the rest of the state, while industries such as hospitality have expanded robustly.

Read more...Austin Economic Indicators July 2015 via Dallas Fed