The Austin economy continued to expand in December. The Austin Business-Cycle Index grew strongly, but job growth moderated to a modest 1.1 percent annualized rate. The unemployment rate fell slightly, reflecting further tightness in the local labor market. For 2015 overall, Austin saw job growth of 4.5 percent—the fastest pace since 2012 and triple the state’s 1.5 percent rate.
Read more...Austin Economic Indicators February 2016 via Dallas Fed
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.