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Texas economy shakes off rough ride in 2009

Author

Listed:
  • Laila Assanie
  • Pia M. Orrenius

Abstract

While conditions remain weak, it appears that the Texas economy is on a steadier course after a rough ride last year. Recent economic data and anecdotal evidence suggest the worst of the state's economic woes may be over. Activity is growing in several sectors. The state maintains its traditional advantages--relatively low living costs, modest taxes, a central location and an attractive business climate. Barring further setbacks, the Texas economy should pick up steam in 2010 and beyond.

Suggested Citation

  • Laila Assanie & Pia M. Orrenius, 2010. "Texas economy shakes off rough ride in 2009," Southwest Economy, Federal Reserve Bank of Dallas, issue Q1, pages 3-7,16.
  • Handle: RePEc:fip:feddse:y:2010:i:q1:p:3-716:n:1
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    File URL: http://www.dallasfed.org/assets/documents/research/swe/2010/swe1001b.pdf
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