Category Archives: Texas

Austin’s Growth To Moderate

The Austin metropolitan area has added more than 162,700 jobs since the end of Great Recession that ended in June 2009. As a result, the unemployment rate declined to 3.3 percent by March 2015. Austin had an extraordinary job creation … Continue reading

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Comerica Bank’s Texas Index Continues to Sag with Oil Prices

Comerica Bank’s Texas Economic Activity Index eased again in February, decreasing 1.6 percentage points to a level of 104.6. February’s reading is 32 points, or 44 percent, above the index cyclical low of 72.6. The index averaged 105.1 points for … Continue reading

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Texas Feels the Drag from Lower Oil Prices

Comerica Bank’s Texas Economic Activity Index continued to ease in January, decreasing 0.9 percentage points to a level of 106.3. January’s reading is 34 points, or 46 percent, above the index cyclical low of 72.6. The index averaged 105.1 points … Continue reading

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Comerica Bank’s Texas Steps down for Second Month

Comerica Bank’s Texas Economic Activity Index eased again in December, decreasing 0.2 percentage points to a level of 107.4. December’s reading is 35 points, or 48 percent, above the index cyclical low of 72.6. The index averaged 105.1 points for … Continue reading

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Austin’s Economy Still Strong

The Austin metropolitan area consistently outpaced U.S. job growth for most of the last 25 years. The key exception was during the aftermath of the 2001 recession, the so-called “jobless recovery,” when Austin underperformed. Recently, payroll job growth in Austin … Continue reading

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Comerica Bank’s Texas Index Breaks Seven Month Streak

Comerica Bank’s Texas Economic Activity Index eased slightly in November, decreasing 0.2 percentage points to a level of 107.5. November’s reading is 35 points, or 48 percent, above the index cyclical low of 72.6. The index averaged 100.3 points for … Continue reading

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Comerica Bank’s Texas Index Shows Growth through Fall 2014

Comerica Bank’s Texas Economic Activity Index grew in October, increasing 0.5 percentage points to a level of 107.8. October’s reading is 35 points, or 48 percent, above the index cyclical low of 72.6. The index averaged 100.3 points for all … Continue reading

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Austin Surges Through Late-2014

Austin, one of the fastest-growing tech metros in the U.S., increased employment at a robust rate through the first three quarters of 2014. In 2014Q3, Austin added more than 9,930 jobs, most of them in the service-producing sector. Yet the … Continue reading

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Comerica Bank’s Texas Index Improved in September

Comerica Bank’s Texas Economic Activity Index grew in September, increasing 1.2 percentage points to a level of 107.2. September’s reading is 35 points, or 48 percent, above the index cyclical low of 72.6. The index averaged 100.3 points for all … Continue reading

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Comerica Bank’s Texas Index Advanced in August

Comerica Bank’s Texas Economic Activity Index grew in August, increasing 0.7 percentage points to a level of 106.0. August’s reading is 33 points, or 46 percent, above the index cyclical low of 72.6. The index averaged 100.3 points for all … Continue reading

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