TEXAS – Economic indicators strengthened in June 2017, according to a new report released by the Federal Reserve Bank of Dallas.
Employment growth accelerated and unemployment declined.
The Texas unemployment rate declined from 4.8 percent in May 2017 to 4.6 percent in June 2017.
The Dallas Fed’s Texas Business-Cycle Index suggests ongoing expansion in the state’s economy.
The index rose an annualized 5.4 percent in June 2017 following a 5.1 percent increase in May 2017.
See the Federal Reserve Bank of Dallas July 2017 Texas Economic Indicators report.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.