Wednesday, November 22, 2017

DALLAS FED ECONOMIC UPDATES



I love to get these. Attached are links to the specific documents for your perusal and reflection.

Texas


Texas lost fewer jobs than expected in September as a result of Hurricane Harvey, and post-hurricane data from the Texas Business Outlook Surveys point toward a rapid recovery from the storm. The 2017 Texas job growth forecast remained at 2.6 percent after adjusting the model input data for the temporary impact of the storm.

U.S.


Despite recent hurricanes, economic data released since late September point to steady economic growth and underlying momentum through year-end and into 2018. Business and consumer confidence levels remain elevated, above prerecession peaks.

International

World gross domestic product (GDP) edged up in the second quarter, thanks to improvement in both advanced and emerging economies. World real (inflation-adjusted) GDP (excluding the U.S.) rose 0.4 percentage points to 3.5 percent year over year.

#DallasFed #AggieLaw

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