Economic Development News

January 27, 2012

January 21, 2012

  • The latest data suggest a pickup in activity in the fourth quarter. Industrial production ticked up, exports rose in November, and employment grew strongly in December. The peso fell relative to the dollar in December, and inflation increased considerably in November and December. Retail sales dipped in October.

January 12, 2012

  • The Texas economy grew at a moderate pace in November, with employment expanding at a 2.0 percent annual rate. Texas existing-home sales increased, but single-family housing permits and housing starts fell. Texas exports held steady. Manufacturing activity weakened slightly in December, according to the Texas Manufacturing Outlook Survey's production index.

January 1, 2012

  • According to the business-cycle index produced by the Dallas Fed, economic activity in the Houston metropolitan area grew at an annualized rate of 2.4 percent in August. In spite of a troublingly weak national economy, the Houston region has produced continually robust growth by most aggregate metrics. The outlook for Houston remains positive.

December 16, 2011

December 8, 2011

  • The Mexican economy accelerated slightly in the third quarter, according to recently released data. Mexico gross domestic product (GDP) grew 1.3 percent quarter over quarter, up from 1.1 percent in the second quarter. Slower growth in manufacturing, construction, mining and services was partly offset by robust growth in the agricultural sector.
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6:40pm February 5-5:00 GMT