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Lubbock economic index: 2Q 2012Lubbock economic index: 2Q 2012https://www.recenter.tamu.edu/news/newstalk-texas/?Item=97172012-09-06T06:59:00Z2012-09-06T00:00:00Z

LUBBOCK - The second quarter 2012 was a growth quarter for the Lubbock economy, as was the first half of 2012 as a whole.

The Lubbock Economic Index continued its sharp upward movement in June 2012 rising 125.8 up from 124.7 in May 2012, and up 4.2 percent from June 2011.

Lubbock Economic Indicators
  2Q 2011 2Q 2012 Change 2011 YTD 2012 YTD Change
Retail sales* $610,563 $643,859 5.5% $1,264,120 $1,312,171 3.8%
Dollars spent on
auto purchases*
$135,494 $163,312 20.5% $273,737 $317,812 16.1%
Value all construction
permits
$78,167,493 $145,783,646 86.5% $139,479,657 $231,754,499 66.2%
New home permits 165 183 10.9% 301 348 15.6%
Number of home
sales
863 998 15.6% 1,370 1,615 17.9%
Average home sale
price
$140,877 $149,486 6.1% $138,925 $146,073 5.1%


*Dollars represented in thousands in 1995 dolars.

For the full report, see The Lubbock National Bank.

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https://www.lubbocknational.com/_downloads/economic_reports/col-lei%20june%202012%202nd%20qtr.pdfRead more at {Source}

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