Texas Economic Indicators – January 2012
The Texas economy continues to expand, with employment growing at a 2.6 percent annual rate in November. Texas existing-home sales increased in November, while single-family construction permits and housing starts declined. Texas exports ticked up slightly in October. Manufacturing activity edged up in December, according to the Texas Manufacturing Outlook Survey and Texas service sector activity expanded in December, according to business executives responding to the Texas Service Sector Outlook Survey.