Texas Economy Retains Strength Despite Weakening Outlooks

Texas Economy Retains Strength Despite Weakening Outlooks

Regional Laila Assanie and Keighton Hines June 23, 2022 Texas’ economic expansion remained solid in May, though the pace of growth decelerated. Employment gains continued to be robust. Manufacturing output growth accelerated, but revenue growth in services slowed. Enduring supply-chain disruptions and labor shortages are still pushing up input costs. Firms, particularly in the service … Read more