Buoyed by exports, Texas economy accelerates in January amid hiring surge
Texas’ economic growth accelerated in January as employment surged across the state.
The number of jobs in Texas surged by 4.9 percent last month, according to the latest Texas Economic Indicators report from the Federal Reserve Bank of Dallas. That follows a December in which job growth numbers were revised upward to show a 2.5 percent growth rate. Further, employment growth rates accelerated month over month in Austin, Dallas and Fort Worth, while Houston and San Antonio saw growth rates continue in the positive.