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Texas economy to ride higher in the saddle in 2011

Author

Listed:
  • Emily Kerr
  • Keith R. Phillips

Abstract

The Texas economy grew moderately in 2010, outperforming most other states. Jobs increased by 209,000, a growth rate of about 2 percent?near the state?s average pace since 1980. Strength in the high-tech and energy sectors was an important source of Texas? economic might relative to other parts of the country. The state also suffered less from housing price declines. ; Leading indicators, generally positive at the end of 2010, suggest an improving outlook in 2011 as consumers and businesses regain confidence in the economy. The Dallas Fed forecasting model projects Texas job growth of 2.5 percent to 3.5 percent this year.>

Suggested Citation

  • Emily Kerr & Keith R. Phillips, 2011. "Texas economy to ride higher in the saddle in 2011," Southwest Economy, Federal Reserve Bank of Dallas, issue Q1, pages 3-7.
    • Handle: RePEc:fip:feddse:y:2011:i:q1:p:3-7:n:1
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