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Lubbock record economy: year-end 2013Lubbock record economy: year-end 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=47722014-03-03T15:35:00Z2014-03-03T00:00:00Z

LUBBOCK - The Lubbock Economic Index finished 2013 in record territory. With the exception of passenger enplanements at Lubbock International Airport, all economic indicators that are components of the Lubbock Economic Index were improved in 2013 compared to 2012.

Lubbock Economic Indicators Year-End 2013
Economic
Indicators
Base Year
1996
2012 2013 Change
2012-2013
Index - Dec.* 102.5 131.5 139.0 5.7%
Retail sales annual $2,002,762 $2,665,234 $2,787,450 4.6%
Construction permit
values annual
$162,924,623 $440,329,842 $475,886,819 8.1%
New home permits annual 571 652 922 41.4%
# of home sales annual 2,111 3,331 3,939 18.3%
Average home sale
price annual
$85,771 $148,243 $155,070 4.6%
Cotton (per pound) - Dec. $69.83 $69.05 $77.82 12.7%

*(Base=100 January 1996)

Source: Lubbock National Bank

Read more at the Lubbock Economic Development Alliance.

Lubbock Economic Development Alliance
Lubbock
Economy
http://www.lubbockeda.org/news-center--recent-economic-indicators.aspxRead more at {Source}

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