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Category Archives: Dallas
February U.S. Employment
Solid Hiring is the Antidote to Fiscal Tightening The February Payroll Employment Survey showed a solid gain of 236,000 jobs, beating expectations. The Unemployment Rate for February decreased to 7.7 percent, the lowest since December 2008. Average Weekly Hours … Continue reading
North Texas Economy Strong But Exposed to Fiscal Tightening
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
Posted in Dallas, Regional Updates
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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
Posted in Dallas, Quarterly Briefs, Regional Updates, Texas
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October Beige Book, Mortgage Apps, August Inventories, JOLTS
Modest Q3 Expansion with Improved Housing, Uncertain Labor Markets The Fed’s Beige Book suggested modest growth across most regions and sectors in early Fall. Mortgage Applications for the week ending October 5 decreased 1.2 percent, as refis dipped. Business Inventories … Continue reading
Posted in Dallas, United States
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North Texas Economy Shaky Through Q2, Growth to Resume
Job growth in the Dallas-Fort Worth metroplex stalled in the second quarter of 2012, but is expected to resume in the second half of this year. Contributing to the soft patch was the now-resolved strike at Lockheed Martin in Fort … Continue reading
Posted in Dallas, Quarterly Briefs, Regional Updates, Texas
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