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Lubbock Economic Index: Jan. 2014Lubbock Economic Index: Jan. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=46812014-03-17T11:59:00Z2014-03-17T00:00:00Z

LUBBOCK - The January 2014 Lubbock Economic Index was recorded at 139.1, down from 139.3 in December 2013, but up 4.9 percent from 132.6 in January 2013, according to the Lubbock National Bank.

Employment in January 2014 was up by a stout 4 percent compared to January 2013, the fourth highest rate of year-over-year growth for January among all Texas metro areas.

Lubbock Economic Indicators Jan. 2014
Economic
Indicators
Base Year
1996
Jan.
2013
Jan.
2014
Change
2013-2014
Auto purchases
($000s in 1995$)
$30,794 $61,745 $69,564 12.7%
Construction permit
values
$14,098,765 $46,388,057 $48,138,149 3.8%
Number of home
sales
128 217 223 2.8%
Average home sale
price
$86,201 $148,979 $151,146 1.5%
Unemployment rate 4.6% 5.5% 4.3% -21.8%
Cotton (per pound) $79.75 $74.49 $79.93 7.3%


Source:  Lubbock National Bank

Lubbock National Bank
Lubbock
Economy
https://www.lubbocknational.com/economic_reports.phpRead more at {Source}

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