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Texas Index Edges Lower in August
Comerica Bank’s Texas Economic Activity Index dipped 0.3 points in August, to a level of 98.7. The August index reading is 27 points, or 38 percent, above the index cyclical low of 71.7. The index has averaged 98 points thus … Continue reading
Posted in Economic Activity, Indices, Texas
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Texas Economy Expands in July
Comerica Bank’s Texas Economic Activity Index rose 0.5 points in July, increasing to a level of 99.0. The July index reading is 27 points, or 38 percent, above the index cyclical low of 71.7. The index has averaged 97 points … Continue reading
Texas Economy Resets in June
Comerica Bank’s Texas Economic Activity Index declined by 0.4 points in June, to a level of 98.5. The June index reading is 27 points, or 37 percent, above the index cyclical low of 71.7. The index has averaged 97 points … Continue reading
Posted in Economic Activity, Indices, Texas
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San Antonio Strong but Exposed to Lower Gas Prices
San Antonio’s labor market saw a year-over-year jobs gain of 5.1 percent in the first quarter of 2012. Although regional job growth moderated to a 1.9 percent annual pace in Q2, San Antonio was still well ahead of average. Healthy … Continue reading
Posted in Quarterly Briefs, Regional Updates, San Antonio, Texas
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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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Houston Still Energized
Houston is the fastest growing major metropolitan area in the U.S. in terms of payroll job creation, up 3.4 percent on a year-to-year basis this June. As the center of the global petroleum industry, Houston has benefitted from sustained high … Continue reading
Posted in Houston, Quarterly Briefs, Regional Updates, Texas
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High Tech Drives Austin
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
Posted in Austin, Quarterly Briefs, Regional Updates, Texas
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Texas Economy Expands in May
Comerica Bank’s Texas Economic Activity Index rose 1.4 percentage points in May, to a level of 98.9. The May index reading is 27 points, or 38 percent, above the index cyclical low of 71.7. The index has averaged 97 points … Continue reading
Posted in Economic Activity, Indices, Texas
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Texas Economy Rises in April
Comerica Bank’s Texas Economic Activity Index rose half of a percentage point in April, to a level of 97.5. The April index reading is 26 points, or 36 percent, above the index cyclical low. The index has averaged 96 points … Continue reading
Posted in Economic Activity, Indices, Texas
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Texas Economy Grows in March
Comerica Bank’s Texas Economic Activity Index increased one point in March, rising to a level of 97.0. The March index reading is 25 points, or 35 percent, above the index cyclical low of 71.7. The index averaged 96 points in … Continue reading
Posted in Economic Activity, Indices, Texas
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