04252017Tue
Last updateMon, 24 Apr 2017 5pm

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Manufacturing & The Economy

Texas Economy Forecast to Pick Up in 2017

Amid an energy sector recovery in the second half of 2016, the Texas economy is positioned to return to its long-term pace of growth this year. However, a significant change in oil prices or further weaknesses in manufacturing remain risks to the outlook, write Keith R. Phillips and Christopher Slijk in the latest issue of Southwest Economy.

“Although energy prices are not expected to rise significantly in 2017, optimism among energy company executives has surged, and drilling activity is expected to pick up.” 

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