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Dallas TX

Dallas TX Employment Engine Sheds 59,000 Jobs In January Turnover

The Dallas TX employment engine was misfiring as we headed into 2018. Recently revised figures from the Texas Workforce Commission show the Dallas-Fort Worth-Arlington MSA shedding 59,000 jobs in January. While it is typical for the January numbers to decline after the holiday turnover, the 59,000 jobs lost in January represents the highest seasonal turnover loss in several years. Employment levels were already declining with the December numbers, so this is a development that could be worth watching. We'll know more in a few weeks when we get the February employment data. What is particularly [...]

By |2018-03-10T13:59:46+00:00March 10th, 2018|Dallas Tx Employment, DFW Real Estate, Economy, Education, Spin Cycle|0 Comments
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Dallas TX Employment Growth Sputters In December But Finishes Year Higher

Dallas TX employment growth sputtered in December with the non-adjusted numbers from the Texas Workforce Commission showing a gain of 2000 jobs for DFW in December. That's a far cry from the strong numbers seen in November, but the yearly gains were still respectable. Over the 12 month period the Dallas-Fort Worth-Arlington MSA added 91,700 jobs. Dallas Fort Worth is still running hotter than the Houston region, with CPI numbers that are almost twice as strong (3.2% vs 1.7%). The official (massaged) unemployment rate in Dallas stood at 3.6% in December. Houston posted an unemployment [...]

By |2020-03-28T14:43:47+00:00January 20th, 2018|Collin County Home Prices, Dallas Tx Employment, Denton County Home Prices, Denton County Real Estate, DFW Home Prices, DFW Real Estate, Economy, In the Press, Mortgage Rates, Texas Employment, Texas Home Prices, Texas Real Estate|0 Comments
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New Home Sales Get Hurricane Boost

New home sales rose 17 percent in September compared to the same month last year. Census estimated new home sales for September at a seasonally adjusted annual rate (SAAR) of 667,000 in September. The median price of a new home contracted in September was $319,700 while the average price of a new home contracted in September stood at $385,200. Both figures represent increases from last year's prices. The supply of new homes decreased to 5 months in September, a slight decrease from the 5.1 month supply level at this time last year. The rise in [...]

By |2017-10-28T12:15:01+00:00October 25th, 2017|Collin County Home Prices, Denton County Home Prices, Denton Tx Home Prices, Denton Tx New Homes, Development, Housing Market, Mortgage Rates, New Home Sales, Real Estate, Texas Home Prices|0 Comments
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Dallas TX Employment Grows In September

Dallas TX employment continues to march higher. September brought an increase of 15,600 jobs compared to revised August figures. The Dallas-Fort Worth-Arlington MSA region added 93,600 jobs during the past year according to numbers from the Texas Workforce Commission. The official (goal-seeked) unemployment rate for the Dallas area stood at 3.4 percent in September, below the state average of 4 percent. The Dallas employment sector continues to be tight according to many local economists. Pia Orrenius, a senior economist with the Dallas Fed was "encouraged by the data". Even though Hurricane Harvey caused a drop [...]

By |2022-01-05T03:41:41+00:00October 21st, 2017|Dallas Tx Employment, Economy, Education, Real Estate, Spin Cycle, Texas Employment, Texas Real Estate|0 Comments
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