DFW Economic Indicators July 2015 via Dallas Fed

The Dallas–Fort Worth economy expanded in June at a faster pace than in May. Year to date, DFW payrolls grew 2.2 percent, outperforming the state’s 1.2 percent rate. Home price appreciation slowed slightly, and residential construction activity remained healthy. Unemployment fell in Dallas and held steady in Fort Worth in June. Dallas Fed business-cycle indexes point to continued growth for the metroplex.

DFW employment grew at an annualized rate of 4.6 percent in June, adding 12,600 jobs. Job creation picked up, rising 3 percent (24,600 jobs) in the second quarter, compared with 1.3 percent (11,200 jobs) in the first quarter. Over the past 12 months, the metroplex has created jobs at a 3.3 percent rate, second only to Austin, which grew 3.6 percent.

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