Journal Article

El Paso economy sluggish in 2007: U.S. slowdown outweighs Fort Bliss expansion


Abstract: This has been a disappointing year for El Paso in terms of job growth. Through October, the city added only 1,200 new wage and salary jobs, according to seasonally adjusted data, an annualized growth rate of less than 1 percent. The seasonally adjusted unemployment rate remained at a historically low level of 5.4 percent in October, but progress in lowering the rate further stalled at midyear.

Keywords: Mexican-American Border Region - Economic conditions;

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Provider: Federal Reserve Bank of Dallas

Part of Series: Crossroads

Publication Date: 2007

Order Number: 2