Houston Job Growth @ 3.9% in 2018

DALLAS (Federal Reserve Bank of Dallas) – October 23, 2018 –  “Monthly job growth has been volatile over the past few months with a weakening in July, a sharp bounceback in August,​ and then a slowing in September,” said Keith R. Phillips, Dallas Fed assistant vice president and senior economist. “Looking at the past three months, job growth was 2.4 percent—moderately slower than the 3.1 percent in the first half of the year. Jo​​​​b growth has been broad-based across metro areas with particular strength in Houston, which has grown at an annual rate of 3.9 percent over the past three months and 3.6 percent so far this year.”​​​​