Service sector leads Texas gains; firms say credit constraints not binding

Abstract: Texas economic activity expanded at a modest pace in May, driven by the service sector. Texas employment growth picked up, and the unemployment rate nudged up to 4.0 percent in April from 3.9 percent in March.

Keywords: Texas; economic activity; economic surveys;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2024-06-20