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Last updateFri, 13 Dec 2019 5pm

Manufacturing & The Economy

Texas Economy Still Growing at Moderate Pace

According to the Federal Reserve Bank of Dallas, the Texas economy continues to grow at a moderate pace. Job growth ticked up in October, and the September growth rate was revised up. The unemployment rate remained at a record low, indicating continued tightness in the labor market. The Texas Leading Index edged up, and firms responding to the Texas Business Outlook Surveys reported increases in capital expenditures on net.

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