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Texas economic expansion slows; business outlooks weaken
The Texas economy’s modest expansion appears to be slowing despite having some pockets of strength.
May 11, 2023
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Strong Texas job gains encounter economic uncertainty, signs of slowing
Weakness in Texas’ manufacturing sector has been largely offset by modest service sector growth, producing a mixed overall economic picture.
March 30, 2023
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Texas modestly grows with soft landing likely
Texas firms reported below-average output growth to start 2023, while employment and wage gains remained elevated despite indications of a softening labor market.
February 09, 2023
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Economic outlook weakens as job growth, inflation slow
The Texas economy is continuing to slow during the fourth quarter, with labor demand and manufacturing output softening and wage and price pressures easing.
December 22, 2022
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Texas economic outlook weakens, price pressures persist
The Texas economy shows continuing signs of softening, as output and employment indicators suggest slower growth relative to the first half of the year.
November 08, 2022
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Mounting signs point to a Texas economic slowdown
The most recent jobs report showed state employment was flat in August. The unemployment rate rose slightly to 4.1 percent (from 4.0 percent in July), and labor force and wage growth also eased.
September 29, 2022
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Signs of slowdown growing in Texas; price pressures ease
The Texas economy continued expanding in June and July, though at a decelerating pace compared with earlier this year.
August 04, 2022
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Texas economy retains strength despite weakening outlooks
Texas’ economic expansion remained solid in May, though the pace of growth decelerated. Employment gains continued to be robust. Manufacturing output growth accelerated, but revenue growth in services slowed.
June 23, 2022
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Texas economy strengthens as Omicron fades; costs and wages rise further
The Texas economy, paced by expansion within the service sector, grew strongly in February as the impact of the omicron variant of COVID-19 faded.
March 24, 2022
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Pace of Texas economic growth slows as supply-chain, staffing woes persist
The Texas economy continued expanding in December and January, though the pace of growth decelerated relative to the overall fourth-quarter pace.
February 03, 2022