Wednesday, April 29, 2020

Dallas-Fort Worth Economic Indicators April 2020 via Dallas Fed

The Dallas–Fort Worth economy contracted in March. Payroll employment posted its largest drop since the series began in 1990, and unemployment rose as containment measures related to the COVID-19 pandemic triggered mass layoffs, particularly in the leisure and hospitality sector. The Dallas and Fort Worth business-cycle indexes fell. Home sales dipped in March, and pending home sales, a forward-looking indicator, fell as well. Office leasing activity softened in the first quarter.

Read more...Dallas-Fort Worth Economic Indicators April 2020 via Dallas Fed

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