Houston employment rose 3.1 percent in January, and benchmark revisions shifted employment growth up for 2022. Leading indicators sent mixed signals in the new year: employment growth and home sales remained strong, while oil prices and rig counts fell. Exports were down from mid-summer peaks but were still strong. High wage growth and relatively stable unemployment pointed to a still-tight labor market.
Read more...Houston Economic Indicators March 2023 via Dallas Fed
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