Monthly Review of the Texas Economy

Fueled by oil prices of more than $60 per barrel, the Texas economy accelerated its pace of job creation in April 2018. The state gained 332,300 nonagricultural jobs from April 2017 to April 2018, an annual growth rate of 2.7 percent, higher than the nation’s employment growth rate of 1.6 percent (Table 1 and Figure 1). The nongovernment sector added 327,500 jobs, an annual growth rate of 3.2 percent, also higher than the nation’s employment growth rate of 1.8 percent in the private sector (Table 1).

Click to read more at www.recenter.tamu.edu