Despite the impact of the oil price slump, the Texas economy is not headed for recession, Federal Reserve Bank of Dallas senior economist Keith R. Phillips said in a new video from the Dallas Fed. In fact, based on current data, the probability that Texas will go into recession this year is around 15 percent or lower, Phillips said.
Read more...Texas Not Headed For Recession, Says Dallas Fed Economist - Dallas Fed
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.