Daily Archives: February 20, 2013

Southern California Improving as Housing Firms

Posted on February 20, 2013 by Comerica Economics

The Southern California economy is showing signs of improving, as payroll jobs increase and housing markets heal. Job growth in the Southern California area is on par with the national average, but is lagging behind Northern California. The unemployment rates … Continue reading →

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Posted in Regional Updates, Southern California | Comments Off

Northern California Leads State Growth, Another Oil Boom?

Posted on February 20, 2013 by Comerica Economics

Job growth in the San Francisco and San Jose metro areas continues to outpace the national and state averages. Technology firms are still hiring aggressively, and property markets are heating up. On a year-to-year basis payroll employment in the San … Continue reading →

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Posted in Northern California, Regional Updates | Comments Off

Lower Natural Gas Prices Temper San Antonio’s Outlook

Posted on February 20, 2013 by Comerica Economics

Job growth in San Antonio slowed to an annualized rate of 1.3 percent in Q4, following a 5.1 percent spike in payrolls in the first quarter of the year. The San Antonio labor market’s second half performance brought the area’s … Continue reading →

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Posted in Regional Updates, San Antonio | Comments Off

North Texas Economy Strong But Exposed to Fiscal Tightening

Posted on February 20, 2013 by Comerica Economics

Job growth in the Dallas-Fort Worth metroplex through the 12 months ending in December was strong, up 2.5 percent compared with the U.S. average of 1.6 percent. As a result, the area’s unemployment rate is falling faster than the national … Continue reading →

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Posted in Dallas, Regional Updates | Comments Off

Vibrant Silicon Hills Spurs the Austin Economy

Posted on February 20, 2013 by Comerica Economics

The Austin labor market closed out 2012 with an impressive five percent annualized gain in Q4, driven by a robust local tech sector. Unemployment averaged 5.2 percent for the quarter, 2.6 percentage points below the national rate during the same … Continue reading →

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Posted in Austin, Regional Updates | Comments Off