Journal Article

Spotlight: upper East Texas in slump, region holds up better than U.S.


Abstract: As the U.S. and Texas slipped into recession last year, a balanced economy lessened the impact on upper East Texas. In March, the region's year-over-year nonfarm employment was down 0.4 percent, compared with the state's decline of 0.8 percent and the nation's 3.5 percent. Unemployment rates in the region's principal metros are near or below the state's 6.7 percent average.

Keywords: Employment - Texas; Economic conditions - Texas;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Southwest Economy

Publication Date: 2009

Issue: Q2

Pages: 7

Order Number: 2