Dallas-Fort Worth’s Economy has Plenty of Energy heading into 2008
Abstract:
Over the past year, the volume of residential construction in the Dallas-Fort Worth metroplex has fallen by a breathtaking -28% versus -24% for the country as a whole. However, employment in the economic region increased by +2.2% year over year in October 2007, the fourth strongest rate of job growth among the 25 largest metro areas in the country. Population in the metro area is growing twice as fast as in the rest of the country and Dallas-Fort Worth has a strong strategic location in energy-rich Texas.
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Over the past year, the volume of residential construction in the Dallas-Fort Worth metroplex has fallen by a breathtaking -28% versus -24% for the country as a whole. However, employment in the economic region increased by +2.2% year over year in October 2007, the fourth strongest rate of job growth among the 25 largest metro areas in the country. Population in the metro area is growing twice as fast as in the rest of the country and Dallas-Fort Worth has a strong strategic location in energy-rich Texas.