Day: September 25, 2012

Texas Economy Continues to Expand

According to the Federal Reserve Bank of Dallas, the Texas economy continued to expand. Texas added 31,100 jobs in August. Year to date, the state has gained 181,700 job. Read the full release: Texas Economy Continues to Expand SHARE THIS POST

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Industries Consumed More Than 30% of U.S. Energy in 2011

According to the Energy Information Administration, the U.S. industrial sector was responsible for more than 30% of total U.S. energy consumption in 2011. The chart below shows energy consumption for individual industries in 2011: non-energy-intensive manufacturing, energy-intensive manufacturing, and non-manufacturing. Read the full release: Industries Consumed More Than 30% of U.S. Energy in 2011  …

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State Personal Income Growth Slowed in the 2nd Quarter

According to estimates released by the Bureau of Economic Analysis, state personal income growth slowed to 1.0% in the second quarter of 2012, from 1.7% in the first quarter. Growth slowed in 39 states plus the District of Columbia, accelerated in 10, and was unchanged in Nevada. Personal income growth ranged from 2.1% in North…

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Consumers Step Up Spending

Consumers increased their average annual spending by 3.3% last year, the fastest rate since 2006, according to a new Labor Department report. Read the full release: Consumers Step Up Spending SHARE THIS POST

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Home Prices Rise for 6th Month

U.S. home prices increased for a sixth straight month in July in the latest sign of a sustainable housing market recovery. The S&P/Case Shiller composite index of 20 metropolitan areas rose 0.4% in July on a seasonally adjusted basis. Economists had expected a gain of 0.9%, which would have matched June’s advance. Case Shiller is…

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