Dallas–Fort Worth’s economic recovery waned in November, following strong growth in October. Employment growth moderated, and movements in the Dallas and Fort Worth business-cycle indexes were mixed. Initial unemployment claims dipped in the second week of December after rising in the previous week. Low-wage workers appear to have been the hardest hit by the pandemic. Multifamily permits rose for the third straight month in November but were down year to date relative to 2019. Housing market indicators pointed to slight improvement in affordability in third quarter 2020.
Read more...Dallas-Fort Worth Economic Indicators December 31, 2020 via Dallas Fed
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