Employment continued to grow in Houston last year. The metro area added 100,200 fewer jobs than in 2014, thanks to the sharp decline in oil prices. However, the most recent economic indicators continue to suggest that the region skirted recession. International trade and real estate markets have softened, and losses in goods-producing sectors continue to be offset by growth in services. Overall, the outlook for the region remains tepid.
Read more...Houston Economic Indicators February 2016 via Dallas Fed
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