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Written by Dana Johnson   
Wednesday, 24 March 2010 08:08

The Texas economy is still clearly outperforming national trends. The newly revised labor market data document that the recession in Texas started later, was shallower, and ended sooner than it did nationally.

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It is not inevitable that this pattern of relative strength will persist. But now that the state has shown again that it has a particularly resilient economy, its enhanced reputation will make it that much easier to attract new businesses and workers.

In the first eight months of the national recession, nonfarm payrolls in Texas rose another 1 percent before cresting in August 2009. Then, after falling 4.1 percent over 13 months, jobs in Texas bottomed in September 2009. From September 2009 to January 2010, nonfarm….

We invite all of you to get a discussion going.  Please submit your comments at the end of this article, Thanks.

Dana Johnson is Chief Economist, Comerica Bank - (214) 462-6839 This e-mail address is being protected from spambots. You need JavaScript enabled to view it


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