Texas economic indicators improved in January. The state posted solid job growth that was broad based across metros but mixed among sectors. Growth in the business-cycle index continued to decelerate but remained above its long-term trend. The Texas Business Outlook Surveys’ headline indexes suggested continued output growth in January and February, and the surveys’ general business activity indexes and company outlook indexes improved in both months. However, exports dipped in December. Home inventories edged up in January, and existing-home sales dipped, suggesting some easing in the tight housing market.
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Texas Economic Indicators 3/1/19 via dallasfed.org
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