Austin Economic Indicators January 2017 via Dallas Fed

The Austin economy expanded at a moderate pace in November. The Austin Business-Cycle Index continued to decelerate, though growth remains positive. Jobs grew at their fastest pace since July, while the unemployment rate fell below its prerecession levels. Following a sharp recovery and expansion from 2010 to 2015, growth moderated last year due primarily to persistent labor market tightness and softness in some large sectors such as health care and hospitality.