Texas State Profile

Report Page Length: 5-8
Published: October 2009
   
   
Chapters Include:
The Big Picture Employment Data
Major Industry Update Local Real Estate Summary
Website Resources
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Texas State Profile Excerpt

Texas' employee confidence down due to more concerns over job security and ability to find new jobs; state economic recovery forecast to outpace nation with modest growth in first half of 2010; number of commercial real estate foreclosures grow.

  • State job growth fell 2.8% in August 2009 from a year ago; national job growth fell 4.4%.
  • State unemployment averaged 8.0% in August 2009; the national average was 9.7%
  • Personal income fell 2.2% to $904 billion in Q2 2009 from a year ago.
  • Tax revenue fell 12.3% in Q2 2009 from the previous year.
  • Exports fell 24.2% to $70.3 billion in the first seven months of 2009 from a year ago.
  • Venture capital investment in TX fell 74% to $74.1 million in Q2 2009 from a year ago.
 
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