Category Archives: Austin

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

Tech Boom Amps Austin Economy

Posted on December 4, 2012 by Comerica Economics

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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Posted in Austin, General, Quarterly Briefs, Regional Updates, United States | Comments Off

High Tech Drives Austin

Posted on August 21, 2012 by Comerica Economics

After trending around 7.0 percent annually from 2009-2011, the Austin unemployment rate fell to 5.9 percent as of June.  Austin’s June unemployment rate is 2.4 percentage points below the July national rate of 8.3 percent.  The region’s thriving tech sector … Continue reading →

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Posted in Austin, Quarterly Briefs, Regional Updates, Texas | Comments Off

Austin Expands Its Limits

Posted on April 24, 2012 by Comerica Economics

After trending around 7.0 percent annually from 2009-2011, the Austin unemployment rate fell to 6.1 percent in February 2012.  Austin’s February unemployment rate is 2.1 percentage points below the March national rate of 8.2 percent.  The drop in unemployment is … Continue reading →

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Austin Growing, But Not Booming

Posted on January 31, 2012 by Comerica Economics

Austin unemployment has, for the past several quarters, held onto either side of seven percent.  This is historically high for the region, but remains reasonably below the national unemployment rate of 8.5 percent as of December.  Austin payroll employment is … Continue reading →

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