The Dallas–Fort Worth economy expanded in August. Payrolls rose strongly, and the unemployment rate dipped further; however, the recovery has been uneven across sectors. Initial unemployment claims also continued their downward trend but remained elevated. The Dallas and Fort Worth business-cycle indexes rose. Homebuilding activity reversed course, rising strongly in the summer. Apartment rent collections in the first three weeks of September slightly trailed year-earlier levels.
Read more...Dallas-Fort Worth Economic Indicators September 2020 via Dallas Fed