PROGNOSIS ISN’T ENTIRELY BLEAK, AS RECESSION SLAMS INTO TEXAS ………
The short term TX outlook is weak, but longer term is healthier due to job growth, low business &
loving costs & a young, fast-growing labor force remain positives the will help in recovery. Dallas &
Austin will feel the brunt as they have more exposure in the construction & financial services
industries. Unemployment will rise to 8% & 102,000 Texans have applied for unemployment benefits.`
Categories: Uncategorized