Trio of Center economic reviews available onlineTrio of Center economic reviews available onlinehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=116022015-12-22T06:00:00Z2015-12-22T16:00:00Z

​​​COLLEGE STATION – The latest editions of three Texas economic reports are now available online. Together, they provide a comprehensive look at the state's overall economy.

Texas Housing Insight​ (Dr. James Gaines, Dr. Luis Torres and Wayne Day​)​
"The T​exas economy continues to grow but at a more modest pace in the face of lower energy prices and a strong dollar. Total employment expanded but was weighed down by the manufacturing and oil and gas extraction sectors, especially in Houston. Housing demand remained strong throughout Texas while new construction was constrained by a shortage of skilled labor and limited developed lots."

Monthly Review of the Texas Economy (Dr. Ali Anari)
"Texas’ economy is slowing down. The state gained 180,400 nonagricultural jobs from November 2014 to November 2015, an annual growth rate of 1.5 percent,​​ lower than the nation’s growth rate of 1.9 percent. The nongovernment sector added 154,400 jobs, an annual growth rate of 1.6 percent compared with 2.2 percent for the nation’s private sector."

Outlook for the Texas Economy (Dr. Luis Torres and Wayne Day)
​"Real GDP year-over-year growth in Texas remained strong although slowing from 5.3 percent in the first quarter to 4 percent in the second quarter. Real GDP growth for Texas remains elevated compared to the broader national economy. The Texas Leading Index, which signals upcoming directional changes in the business cycle, edged up in October even though the overall trend has been declining since its August 2014 peak. The index was negatively affected by oil prices, Texas Value of the Dollar, the Texas Stock Index, and new unemployment claims. The index was positively affected by the broader U.S. leading index and help-wanted index."

Real Estate Center
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