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Federal Reserve Bank of Dallas
Southwest Economy
Spotlight: upper East Texas in slump, region holds up better than U.S.
Michael Nicholson
Jackson Thies
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.


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Michael Nicholson & Jackson Thies, "Spotlight: upper East Texas in slump, region holds up better than U.S." , Federal Reserve Bank of Dallas, Southwest Economy, issue Q2, pages 7-, 2009.
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Keywords: Economic conditions - Texas ; Employment - Texas
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