Indexes of economic activity for Houston continued to show growth over the second half of the summer thanks to a boost from the services sector. However, the pace of the recovery in the region has slowed, due mostly to ongoing weakness in the energy sector that is weighing down Houston’s recovery relative to Texas and the nation. Taken together, these data suggest that while Houston’s recovery is likely to continue, it will lag the state.
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Houston Economic Indicators September 29, 2020 via Dallas Fed
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