Wednesday, September 7, 2011

Texas Economic Indicators Point UP

Texas existing-home sales were up 1.5% in July, and are up 22% over last year.
The Federal Reserve Bank of Dallas recently reported good news for the Texas economy. In its "Texas Economic Indicators" published on September 7, 2011, The Dallas Fed reported that Texas gained 33,000 jobs in June, and another 25,900 jobs in July, bringing the Texas unemployment rate to 8.4%, well below the national average of 9.1%.
The overall economy in Texas continued to grow at a moderate pace, with Texas exports, crude oil prices, and Texas manufacturing all showing gains.
Only one state (North Dakota) has grown faster than Texas since 2009.
So, aren't we all grateful to be in Texas?

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