Houston Economic Indicators May 30, 2017 via Dallas Fed

Data were positive for Houston in April. The business-cycle index continues to signal a modest expansion is underway. Labor market data were healthy, and several leading indicators suggest that employment growth is likely to accelerate. However, recent revisions to data from the end of 2016 suggest that job growth was overestimated at that time. Overall, the outlook for Houston remains cautiously optimistic.