Dallas Fed: Texas Economic Indicators

31 Dec 2019


Newsletter, Texas

The Texas economy continues to grow at a healthy pace. Job growth ticked up in November, and the October growth rate was revised up. The unemployment rate remained at a record low, indicating continued tightness in the labor market. The Texas Business-Cycle Index rose, and firms responding to the Texas Manufacturing Outlook Survey reported increased production on net. Texas crude oil production grew through mid-December, while Texas exports fell in October. Read full article.