Austin Economic Indicators March 2016 via Dallas Fed

The Austin economy continued to expand in January. The Austin Business-Cycle Index increased at a rapid pace, and job growth rose at a 2.7 percent annualized rate, slightly above that of the state. The unemployment rate declined for a second month, indicating continued local labor market tightness. In 2015, strong expansion in areas such as leisure and hospitality, technical services and construction fueled the fastest pace of job growth in Austin since 2006.

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