Texas finds cover from U.S. economic storm

Fiona Sigalla ()

Southwest Economy, 2008, issue Jan, No 1, 3-7

Abstract: The 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.

Keywords: Employment - Texas; Economic conditions - Texas; Housing - Prices; Energy industries; economic conditions - United States (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.dallasfed.org/~/media/documents/research/swe/2008/swe0801b.pdf Full Text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:feddse:y:2008:i:jan:p:3-7:n:1

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Southwest Economy from Federal Reserve Bank of Dallas Contact information at EDIRC.
Bibliographic data for series maintained by Amy Chapman ().