Monthly Archives: December 2012

Central West Michigan Supported by Vibrant Ann Arbor

Improvement in Central West Michigan’s unemployment rate stalled in the third quarter, as unemployment rose 0.2 percentage points to 6.7 percent. Even so, the region’s unemployment rate remains well-below the September state level of 8.2 percent. Ann Arbor maintains the … Continue reading

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San Antonio Outlook Moderates on Lower Gas Prices

Labor market growth in San Antonio eased to a an average 1.9 percent annualized rate in Q2 and Q3, following a 5.1 percent spike in payrolls in the first quarter of the year. Even so, San Antonio remains well above … Continue reading

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North Texas Economy Solid Heading Into Year-End

Job growth in the Dallas-Fort Worth metroplex remained well above the U.S. average at the start of the fourth quarter. In October North Texas posted 2.3 percent year-over-year job growth, while the U.S. average stood at 1.5 percent. In another … Continue reading

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Houston Economy Growing and Broadening

Exploration activity for petroleum liquids remains very active. The price for West Texas intermediate crude oil has drifted down over the last year to near $85 per barrel, still an attractive price for drillers. The oil rig count for Texas … Continue reading

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Tech Boom Amps Austin Economy

Austin’s labor market continued to expand through the third quarter of 2012, driven by a robust local tech sector. The unemployment rate in Austin averaged 5.9 percent in Q3, 2.2 percentage points below the national rate during the same period. … Continue reading

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November ISM Manufacturing, Oct. Construction, Income and Spending

                            Hurricane Sandy and Fiscal Cliff Weigh on Manufacturing The ISM Manufacturing Index for November fell to 49.5 percent, indicating slight contraction. Construction Spending for October increased by 1.4 percent, boosted by residential projects. Total Personal Income was unchanged in … Continue reading

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