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The Metro Business-Cycle Indexes
show the broad movements in local Texas economies. These
indexes summarize movements in locally measured nonagricultural
employment, the unemployment rate, inflation-adjusted
wages and inflation-adjusted retail sales.
The indexes will be published
monthly a couple days after the state and metro employment
and unemployment data become publicly available from
the Texas Workforce Commission.
April 2008—Texas State & Metro Economic Indicators
The Texas economy expanded moderately in February. The Dallas Fed’s Texas Business-Cycle Index, a gauge of the region’s current economic conditions, increased at a 3.1 percent annualized rate during the month. The current rate is somewhat slower than the 3.7 percent pace recorded in 2007.
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