TEXAS ECONOMY OUTPACES NATION’S …………..

Texarkana ranked 1st in job creation followed by Odessa, Corpus Christi, Midland and TYLER.  The annual growth rate of nonagricultural jobs from July 2011 to July 2012 showed an annual growth rate of 2.2% compared with 1.4% for the United States.  Nongovernment jobs grew by 3% compared to 1.8% for the nation’s private sector.  Texas ‘ seasonally adjusted unemployment rate fell to 7.2% from 8.1% a year ago, with nation’s rate decreases from 9.1 to 8.3%.   All Texas industries have more jobs except the information industry & the state’s government sector and those 2 sections continue to loose jobs.  The state’s mining and logging industry ranked lst in job creation, followed by the contruction industry, the leisure and hospitality industry and the professional and business serviced industry.  All of this according to the Real Estate Center’s MONTHLY REVIEW OF THE TEXAS ECONOMY.