Texas Economy Continues Expansion but at a Slower Pace

by CoyDavidson on November 2, 2011

Texas Economic Indicators – November 2011

The Texas economy continues to expand, although at a slow pace, with employment growing at a 0.1 percent annual rate in September. Texas home sales fell in September, but single-family permits and housing starts rose. Texas exports inched up in August, and activity in the manufacturing and services sector both increased in October according to the Texas Manufacturing and Services Sector Outlook Surveys.

The Houston and Dallas area lead the nation in job growth over the past year among the 12 largest metropolitan markets according to recent data from the U.S. Bureau of Labor Statistics.

Texas Economic Indicators September 2011

Previous post:

Next post:

Disclaimer: All blog entries on this site are the opinion of the author and not those of either Colliers International - Houston or Colliers International (collectively, "Colliers"). Colliers neither endorses, sponsors nor necessary shares the opinions of the author, regardless of whether any blog is posted by any employee, officer, agent, or representative of Colliers. Colliers has not authorized or verified any statement of fact made in a blog, and any such statement does not constitute a statement of fact by Colliers. Colliers is not responsible for the monitoring or filtering of any blog, nor does Colliers claim ownership or control over any blog content.