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Texas economic activity expands modestly; labor market remains healthy
Texas economic activity expanded at a modest pace in April. While the manufacturing sector rebounded, the service sector slowed. Texas employment growth was moderate in the first quarter, slightly above the state’s roughly 2 percent long-run trend, and the unemployment rate held steady.
Journal Article
Texas high tech shakes off post-pandemic slump, readies new growth path
Texas is poised to lead in new advanced technologies, notably artificial intelligence (AI) and semiconductor manufacturing.