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.
File(s): File format is application/pdf http://dallasfed.org/assets/documents/research/swe/2009/swe0902d.pdf
Provider: Federal Reserve Bank of Dallas
Part of Series: Southwest Economy
Publication Date: 2009
Pages: 7Order Number: 2