Monday, July 6, 2020

Austin Economic Indicators July 2020 via Dallas Fed

The Austin economy continued to contract in May due to the impact of COVID-19. The Austin Business-Cycle Index continued to decline. While jobs and the unemployment rate improved in May, both remain significantly worse than in February. Consumer spending improved significantly from mid-April to mid-June in Travis County. Existing-home sales declined further in May, while building permits held steady.

Read more...Austin Economic Indicators July 2020 - Dallas Fed

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