Texas finds cover from U.S. economic storm
AbstractThe 2007 Texas expansion was persistently underrated. While a national economic slowdown attracted headlines, the state's economy quietly grew at a rate that was Texas proud. ; State job growth of 3.1 percent last year was triple the nation's 1 percent - and exceeded the state's long-run average of 2.8 percent for the third year in a row. While declines in homebuilding were sizable, overall construction remained at high levels in Texas. Oil and gas drilling returned to heights not seen since the early 1980s energy boom.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Dallas in its journal Southwest Economy.
Volume (Year): (2008)
Issue (Month): Jan ()
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