TEXAS – The Texas economy has enjoyed robust job growth over the past 25 years, surpassing employment expansion in the nation for most of that time, according to a recent report by the Federal Reserve Bank of Dallas.
In the 1990–2016 period, the gap between metro areas with the fastest and slowest yearly job growth varied from a high of 29.8 percentage points in first quarter 1990 to a low of 3.4 percentage points in 2Q 2010.
Global and national shocks together are estimated to account for about 32 percent of employment fluctuations in Texas metro areas, on average.
The remaining 68 percent of the metro-area employment fluctuation can be largely attributed to factors specific to the individual metro areas.
Click here to see the Federal Reserve Bank of Dallas' full report.
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