monthly review of the texas economy - texas a&m university · monthly review of the texas...

By Ali Anari, Research Economist Mark G. Dotzour, Chief Economist

TRT E C H N I C A L R E P O RT

J U N E 2 0 1 41 8 6 2

AT TEXAS A&M UNIVERSITY

MonthlyReviewof the TexasEconomy

Monthly Review of the Texas Economy—June 2014

By Ali Anari and Mark G. Dotzour

The Texas economy gained 375,300 nonagricultural jobs from May 2013 to May 2014, an annual growth rate of 3.4 percent compared with 1.8 percent for the United States (Table 1 and Figure 1). The state’s nongovernment sector added 343,000 jobs, an annual growth rate of 3.7 percent compared with 2.1 percent for the nation’s private sector (Table 1).

Texas’ seasonally adjusted unemployment rate fell to 5.1 percent in May 2014 from 6.4 percent in May 2013. The nation’s rate decreased from 7.5 to 6.3 percent (Table 1). Texas Employment Growth Rates by Industry Table 2 shows Texas industries ranked by employment growth rate from May 2013 to May 2014. All Texas industries had more jobs in May 2014 than in May 2013. The state’s mining and logging industry ranked first in job creation followed by the transportation, warehousing and utilities industry, construction, and leisure and hospitality industry. Figures 2 to 13 show trends in employment growth rates by industries.

Texas Job Shares by Industry and the Government Sector Table 3 shows Texas industries and the state’s government sector ranked by their shares of Texas jobs in May 2014. Of the 11,563,400 nonagricultural jobs in May 2014, the highest percentage of employment by industry was in the government sector followed by the trade industry, education and health services, professional and business services, and leisure and hospitality. Since May 2013 the state’s trade industry, professional and business services, leisure and hospitality industry, construction industry, transportation, warehousing and utilities industry, mining and logging industry, and information industry have expanded their shares of Texas employment at the expense of the government sector, education and health services industry, manufacturing industry, financial activities industry, and other services industry. Figures 14 to 25 show trends in shares of total Texas jobs by Texas industries. Contributions to Texas Employment Growth Rate by Industry Texas’ statewide employment growth rate of 3.4 percent, or more exactly 3.354 percent, from May 2013 to May 2014 is the weighted average of employment growth rates for all Texas industries for the period. Weights are shares of jobs by industry. The contribution of each industry to the statewide employment growth rate is equal to the employment growth rate of that industry multiplied by its share of Texas jobs. Table 4 shows Texas industries and the state’s government sector ranked by their contributions to Texas employment growth rates from May 2013 to May 2014. The state’s trade industry ranked first in contribution to statewide employment growth rate followed by professional and business services, the leisure and hospitality industry, education and health services, government sector, and construction industry. Figures 26 to 37 show trends in contributions of Texas industries to Texas job growth rates.

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Employment Growth Rates by Texas Metropolitan Areas All Texas metro areas except Texarkana had more jobs in May 2014 than in May 2013 (Table 5). College Station ranked first in job creation, followed by Midland, Dallas-Plano-Irving, Austin-Round Rock-San Marcos, and Victoria (Table 5). Figures 38 to 63 show trends in annual employment growth rates for the state’s metropolitan areas. Texas Job Shares by Metropolitan Area Table 6 shows Texas metropolitan areas ranked by their shares of total Texas jobs in May 2014. The Houston-Sugar Land-Baytown metro area had the largest share of Texas jobs, followed by Dallas-Plano-Irving, Fort Worth-Arlington, San Antonio-New Braunfels, Austin-Round Rock-San Marcos, El Paso and McAllen-Edinburg-Mission. Figures 64 to 89 show trends in Texas metropolitan shares of total Texas jobs. Contributions to Texas Employment Growth Rate by Metropolitan Area The statewide employment growth rate of 3.354 percent in Texas from May 2013 to May 2014 is the weighted average of employment growth rates of all Texas metro areas for the period. Weights are shares of jobs by area. The contribution of each metro area to the statewide employment growth rate is equal to the employment growth rate in that area multiplied by its share of Texas jobs. Table 7 shows Texas metro areas ranked by their contributions to Texas employment growth rates from May 2013 to May 2014. The Houston-Sugar Land-Baytown metro area ranked first in contribution to Texas employment growth rate, followed by Dallas-Plano-Irving, Austin-Round Rock-San Marcos, Fort Worth-Arlington, San Antonio-New Braunfels, College Station-Bryan, and Corpus Christi. Figures 90 to 115 show trends in contributions of Texas metro areas to total Texas job growth rates. Unemployment Rate by Metropolitan Area The state’s actual unemployment rate in May 2014 was 5.1 percent. Midland had the lowest unemployment rate, followed by Odessa, Amarillo, Lubbock, College Station-Bryan, and San Angelo (Table 8).

Employment Growth Rates and Unemployment Rates by Metropolitan Area Figure 116 shows employment growth rates of Texas metro areas from May 2013 to May 2014 on the vertical axis and their unemployment rates in May 2014 on the horizontal axis. Dotted lines for Texas’ employment growth rate of 3.4 percent from May 2013 to May 2014 and Texas’ unemployment rate of 5.1 percent in May 2014 show the state’s metro areas currently falling into the following groups:

a. Metro areas with employment growth rates higher than Texas’ and unemployment rates lower than Texas’ are College Station-Bryan, Midland, Victoria, and Austin-Round Rock-San Marcos.

b. The Dallas-Plano-Irving metro area’s unemployment rate was equal to the statewide average. The metro area’s employment growth rate was higher than the statewide average.

c. The Tyler metro area’s unemployment rate was equal to the statewide average. The metro area’s employment growth rate was lower than the statewide average.

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d. Metro areas with employment growth rates lower than Texas’ and unemployment rates lower than Texas’ in May 2014 were Houston-Sugar Land-Baytown, Fort Worth-Arlington, Sherman-Denison, Corpus Christi, Odessa, Lubbock, San Antonio-New Braunfels, San Angelo, Longview, Waco, Abilene, Amarillo and Wichita Falls.

e. Metro areas with employment growth rates lower than Texas’ and unemployment rates higher than Texas’ in May 2014 were Laredo, Brownsville-Harlingen, Killeen-Temple-Fort Hood, McAllen-Edinburg-Mission, El Paso, Beaumont-Port Arthur and Texarkana.

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Table 1 Texas and U.S. Labor Markets Change Nonfarm Employment May 2014 May 2013 Absolute Percent Texas 11,563,400 11,188,100 375,300 3.4 United States 139,192,000 136,793,000 2,399,000 1.8 Private Employment May 2014 May 2013 Absolute Percent Texas 9,700,600 9,357,600 343,000 3.7 United States 116,929,000 114,545,000 2,384,000 2.1 Actual Seasonally Adjusted Unemployment Rate May 2014 May 2013 May 2014 May 2013 Texas 5.1 6.3 5.1 6.4 United States 6.1 7.3 6.3 7.5 Sources: Texas Workforce Commission and U.S. Bureau of Labor Statistics

May MayRank Industry 2014 2013 Change %Change

1 Mining and Logging 310,400 288,400 22,000 7.632 Transportation, Warehousing, Utilities 486,500 461,400 25,100 5.443 Construction 637,900 611,000 26,900 4.404 Leisure and Hospitality 1,209,400 1,160,300 49,100 4.235 Professional and Business Services 1,509,100 1,449,000 60,100 4.156 Trade 1,824,300 1,760,000 64,300 3.657 Information 207,600 200,500 7,100 3.548 Education and Health Services 1,530,900 1,482,500 48,400 3.269 Financial Activities 697,600 679,000 18,600 2.7410 Other Services 405,000 397,000 8,000 2.0211 Government 1,862,800 1,830,500 32,300 1.7612 Manufacturing 881,900 868,500 13,400 1.54

Table 2

Sources: Texas Workforce Commission and Real Estate Center at Texas A&M University

Texas Industries and Government Sector Ranked by Employment Growth RateFrom May 2013 to May 2014

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Table 3 Texas Industries' and Government's Shares of Employment

May May

2014 2013 Rank Industry Percent Percent

1 Government 16.11 16.36 2 Trade 15.78 15.73 3 Education and Health Services 13.24 13.25 4 Professional and Business Services 13.05 12.95 5 Leisure and Hospitality 10.46 10.37 6 Manufacturing 7.63 7.76 7 Financial Activities 6.03 6.07 8 Construction 5.52 5.46 9 Transportation, Warehousing, Utilities 4.21 4.12 10 Other Services 3.50 3.55 11 Mining and Logging 2.68 2.58 12 Information 1.80 1.79

Total 100.00 100.00 Sources: Texas Workforce Commission and Real Estate Center at Texas A&M University Note: Components may not add up to totals due to rounding.

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Table 4

Contributions of Texas Industries and the Government Sector to Texas Employment Growth Rate

May May 2014 2013

Rank Industry Percent Percent 1 Trade 0.575 0.446 2 Professional and Business Services 0.537 0.427 3 Leisure and Hospitality 0.439 0.524 4 Education and Health Services 0.433 0.379 5 Government 0.289 0.112 6 Construction 0.240 0.248 7 Transportation, Warehousing, Utilities 0.224 0.127 8 Mining and Logging 0.197 0.175 9 Financial Activities 0.166 0.198 10 Manufacturing 0.120 0.080 11 Other Services 0.072 0.131 12 Information 0.063 0.029

Total 3.354 2.875 Sources: Texas Workforce Commission and Real Estate Center at Texas A&M University

Note: Components may not add up to totals due to rounding.

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Table 5 Texas Metropolitan Areas Ranked by Employment Growth Rate From May 2013 to May 2014 Rank Metro Area Growth Rate, Percent 1 College Station-Bryan 5.10 2 Midland 4.22 3 Dallas-Plano-Irving 4.08 4 Austin-Round Rock-San Marcos 3.59 5 Victoria 3.55 Texas 3.35 6 Houston-Sugar Land-Baytown 3.34 7 Odessa 2.90 8 Lubbock 2.87 9 Fort Worth-Arlington 2.69 10 San Antonio-New Braunfels 2.61 11 Sherman-Denison 2.51 12 Corpus Christi 2.38 13 Killeen-Temple-Fort Hood 2.13 14 Longview 2.09 15 Brownsville-Harlingen 1.79 16 McAllen-Edinburg-Mission 1.70 17 Abilene 1.65 18 El Paso 1.53 19 Waco 1.50 20 Laredo 1.25 21 Amarillo 1.05 22 Tyler 1.04 23 San Angelo 0.63 24 Beaumont-Port Arthur 0.57 25 Wichita Falls 0.35 26 Texarkana -0.72 Source: Texas Workforce Commission

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Table 6 Texas Metropolitan and Micropolitan Shares of Total Texas Jobs

Rank

May May 2014 2013

Percent Percent 1 Houston-Sugar Land-Baytown 24.9321 24.9345 2 Dallas-Plano-Irving 19.4614 19.3250 3 Fort Worth-Arlington 8.1818 8.2346 4 San Antonio-New Braunfels 8.0539 8.1122 5 Austin-Round Rock-San Marcos 7.7425 7.7252 6 El Paso 2.5295 2.5751 7 McAllen-Edinburg-Mission 2.0686 2.1022 8 Corpus Christi 1.6708 1.6866 9 Beaumont-Port Arthur 1.3759 1.4140 10 Brownsville-Harlingen 1.1796 1.1977 11 Lubbock 1.1787 1.1843 12 Killeen-Temple-Fort Hood 1.1606 1.1745 13 Amarillo 0.9971 1.0198 14 Waco 0.9340 0.9510 15 College Station-Bryan 0.9262 0.9108 16 Longview 0.8881 0.8992 17 Laredo 0.8397 0.8572 18 Tyler 0.8371 0.8563 19 Midland 0.7688 0.7624 20 Odessa 0.6451 0.6480 21 Abilene 0.5863 0.5962 22 Wichita Falls 0.5007 0.5157 23 Texarkana 0.4800 0.4996 24 Victoria 0.4791 0.4782 25 San Angelo 0.4151 0.4263 26 Sherman-Denison 0.3892 0.3924

Micropolitan Texas 10.7780 10.5210 Total 100.0000 100.0000 Sources: Texas Workforce Commission and Real Estate Center at Texas A&M University

Note: Components may not add up to totals due to rounding.

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Contributions of Texas Metropolitan and Micropolitan Areas to Total Texas Employment Growth Rate

May MayRank Metropolitan Area 2014 2013

1 Houston-Sugar Land-Baytown 0.8339 0.92322 Dallas-Plano-Irving 0.7892 0.41473 Austin-Round Rock-San Marcos 0.2771 0.36694 Fort Worth-Arlington 0.2217 0.25295 San Antonio-New Braunfels 0.2118 0.23176 College Station-Bryan 0.0465 0.02117 Corpus Christi 0.0402 0.02768 El Paso 0.0393 0.02579 McAllen-Edinburg-Mission 0.0358 0.049710 Lubbock 0.0340 0.030311 Midland 0.0322 0.044112 Killeen-Temple-Fort Hood 0.0250 0.022113 Brownsville-Harlingen 0.0215 0.023014 Longview 0.0188 0.000915 Odessa 0.0188 0.012916 Victoria 0.0170 0.009217 Waco 0.0143 0.015618 Amarillo 0.0107 0.013819 Laredo 0.0107 0.031320 Sherman-Denison 0.0098 0.003721 Abilene 0.0098 0.009222 Tyler 0.0089 0.010123 Beaumont-Port Arthur 0.0080 -0.032224 San Angelo 0.0027 0.013825 Wichita Falls 0.0018 -0.010126 Texarkana -0.0036 -0.0101

Micropolitan Texas 0.6185 0.3742Total 3.3545 2.8753

Sources: Texas Workforce Commission and Real Estate Center at Texas A&M UniversityNote: Components may not add up to totals due to rounding.

Table 7

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Table 8 Texas Metropolitan Areas Ranked by Unemployment Rate, May 2014 Unemployment Rate Rank Metropolitan Area Percent 1 Midland 2.6 2 Odessa 3.2 3 Amarillo 3.6 4 Lubbock 3.8 5 College Station-Bryan 3.9 6 San Angelo 4.0 7 Abilene 4.1 7 Victoria 4.1 7 Austin-Round Rock-San Marcos 4.1 10 Longview 4.5 11 Wichita Falls 4.7 11 San Antonio-New Braunfels 4.7 13 Corpus Christi 4.9 14 Waco 5.0 14 Houston-Sugar Land-Baytown 5.0 14 Fort Worth-Arlington 5.0 14 Sherman-Denison 5.0 Texas 5.1 18 Dallas-Plano-Irving 5.1 18 Tyler 5.1 20 Laredo 5.5 21 Killeen-Temple-Fort Hood 5.9 22 Texarkana 6.0 23 El Paso 7.0 24 Beaumont-Port Arthur 7.4 25 Brownsville-Harlingen 8.2 26 McAllen-Edinburg-Mission 8.6 Source: Texas Workforce Commission

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Figure 1

-2

-1

0

1

2

3

4

2011 2012 2013 2014

TexasU.S.

Nonfarm Employment Growth R ates for United States and Texas2011–2014

Percent

Y ear:Month

Sources: Texas Workforce Commission and Real Estate Center at Texas A&M University Figure 2

0

5

10

15

20

2011 2012 2013 2014

Texas Mining and L ogging IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


-2

0

2

4

6

2011 2012 2013 2014

Texas Transportation, Warehousing, and Utilities IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


12

Figure 4

-4

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0

2

4

6

8

2011 2012 2013 2014

Texas C onstruction IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


-2

0

2

4

6

2011 2012 2013 2014

Texas L eisure and Hospitality IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


-2

0

2

4

6

2011 2012 2013 2014

Texas Professional and Business Services IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


13

Figure 7

-2

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4

2011 2012 2013 2014

Texas Trade IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


-2

-1

0

1

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3

4

2011 2012 2013 2014

Texas Information IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month

Sources: Texas Workforce Commission and Real Estate Center at Texas A&M University. Figure 9

0

2

4

6

2011 2012 2013 2014

Texas Education and Health Services IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


14

Figure 10

-2

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1

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4

2011 2012 2013 2014

Texas F inancial A ctivities IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


-2

0

2

4

6

2011 2012 2013 2014

Texas Other Services IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


-4

-2

0

2

4

2011 2012 2013 2014

Texas Government SectorAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


15

Figure 13

-2

0

2

4

2011 2012 2013 2014

Texas Manufacturing IndustryAnnual Employment Growth R ates, 2011–2014

Percent

Y ear:Month


15.0

15.5

16.0

16.5

17.0

17.5

18.0

2011 2012 2013 2014

Texas Government SectorShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


15.6

15.8

16.0

16.2

16.4

2011 2012 2013 2014

Texas Trade IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


16

Figure 16

13.1

13.2

13.3

13.4

13.5

2011 2012 2013 2014

Texas Education and Health Services IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


12.4

12.6

12.8

13.0

13.2

2011 2012 2013 2014

Texas Professional and Business Services IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


9.4

9.6

9.8

10.0

10.2

10.4

10.6

2011 2012 2013 2014

Texas L eisure and Hospitality IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


17

Figure 19

7.6

7.7

7.8

7.9

8.0

8.1

2011 2012 2013 2014

Texas Manufacturing IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


6.00

6.05

6.10

6.15

6.20

2011 2012 2013 2014

Texas F inancial A ctivities IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


5.2

5.3

5.4

5.5

5.6

2011 2012 2013 2014

Texas C onstruction IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


18

Figure 22

4.05

4.10

4.15

4.20

4.25

4.30

2011 2012 2013 2014

Texas Transportation, Utilities, Warehousing IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


3.40

3.45

3.50

3.55

3.60

2011 2012 2013 2014

Texas Other Services IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


2.1

2.2

2.3

2.4

2.5

2.6

2.7

2011 2012 2013 2014

Texas Mining and L ogging IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


19

Figure 25

1.76

1.80

1.84

1.88

1.92

2011 2012 2013 2014

Texas Information IndustryShare of Total Texas Jobs, 2011–2014

Percent

Y ear:Month


.3

.4

.5

.6

2011 2012 2013 2014

Texas Trade IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


.3

.4

.5

.6

.7

.8

2011 2012 2013 2014

Texas Professional and Business Services IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


20

Figure 28

.2

.3

.4

.5

.6

2011 2012 2013 2014

Texas L eisure and Hospitality IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


.20

.25

.30

.35

.40

.45

2011 2012 2013 2014

Texas Education and Health Services IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


-.8

-.6

-.4

-.2

.0

.2

.4

2011 2012 2013 2014

Texas Government SectorC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


21

Figure 31

-.2

-.1

.0

.1

.2

.3

.4

2011 2012 2013 2014

Texas C onstruction IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


.08

.12

.16

.20

.24

2011 2012 2013 2014

Texas Transportation, Utilities, Warehousing IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


.0

.1

.2

.3

.4

2011 2012 2013 2014

Texas Mining and L ogging IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


22

Figure 34

.08

.12

.16

.20

.24

2011 2012 2013 2014

Texas F inancial A ctivities IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


.0

.1

.2

.3

.4

2011 2012 2013 2014

Texas Manufacturing IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


.00

.04

.08

.12

.16

.20

2011 2012 2013 2014

Texas Other Services IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


23

Figure 37

-.04

-.02

.00

.02

.04

.06

.08

2011 2012 2013 2014

Texas Information IndustryC ontribution to Texas Employment Growth R ate, 2011–2014

Percent

Y ear:Month


-4

-2

0

2

4

6

2011 2012 2013 2014

College Station-‐Bryan Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


0

4

8

12

2011 2012 2013 2014

Midland Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


24

Figure 40

-2

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2011 2012 2013 2014

Dallas-‐Plano-‐Irving Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-2

0

2

4

6

2011 2012 2013 2014

Austin-‐Round Rock-‐San Marcos Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-2

0

2

4

6

2011 2012 2013 2014

V ictoria Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


25

Figure 43

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2011 2012 2013 2014

Houston-‐Sugar L and-‐Baytown Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


0

4

8

12

2011 2012 2013 2014

Odessa Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-1

0

1

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3

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5

2011 2012 2013 2014

L ubbock Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


26

Figure 46

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2011 2012 2013 2014

Fort Worth-‐A rlington Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-2

-1

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2011 2012 2013 2014

San Antonio-‐New Braunfels Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-1

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4

2011 2012 2013 2014

Sherman-‐Denison Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


27

Figure 49

-2

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2011 2012 2013 2014

Corpus C hristi Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-1

0

1

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2011 2012 2013 2014

K illeen-‐Temple-‐Fort Hood Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-2

0

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4

6

2011 2012 2013 2014

L ongview Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


28

Figure 52

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2011 2012 2013 2014

Brownsville-‐Harlingen Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-2

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4

6

2011 2012 2013 2014

McA llen-‐Edinburg-‐Mission Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-1

0

1

2

3

2011 2012 2013 2014

Abilene Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


29

Figure 55

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2011 2012 2013 2014

E l Paso Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-2

-1

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2011 2012 2013 2014

Waco Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-2

0

2

4

6

2011 2012 2013 2014

L aredo Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


30

Figure 58

-2

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2011 2012 2013 2014

Amarillo Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-1

0

1

2

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4

2011 2012 2013 2014

Tyler Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-2

-1

0

1

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3

4

2011 2012 2013 2014

San Angelo Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


31

Figure 61

-4

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2

4

2011 2012 2013 2014

Beaumont-‐Port A rthur Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-3

-2

-1

0

1

2

2011 2012 2013 2014

Wichita Falls Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


-4

-2

0

2

4

2011 2012 2013 2014

Texarkana Metro A reaAnnual Employment Growth R ates, 2011-‐2014

Percent

Y ear:Month


32

Figure 64

24.4

24.5

24.6

24.7

24.8

24.9

25.0

2011 2012 2013 2014

Houston-‐Sugar L and-‐Baytown Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


19.2

19.3

19.4

19.5

19.6

2011 2012 2013 2014

Dallas-‐Plano-‐Irving Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


8.16

8.20

8.24

8.28

8.32

2011 2012 2013 2014

Fort Worth-‐A rlington Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


33

Figure 67

8.04

8.08

8.12

8.16

2011 2012 2013 2014

San Antonio-‐New Braunfels Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


7.4

7.5

7.6

7.7

7.8

2011 2012 2013 2014

Austin-‐Round Rock-‐San Marcos Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


2.50

2.55

2.60

2.65

2.70

2011 2012 2013 2014

E l Paso Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


34

Figure 70

2.00

2.04

2.08

2.12

2.16

2011 2012 2013 2014

McA llen-‐Edinburg-‐Mission Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


1.66

1.67

1.68

1.69

1.70

1.71

2011 2012 2013 2014

Corpus C hristi Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


1.36

1.40

1.44

1.48

1.52

1.56

2011 2012 2013 2014

Beaumont-‐Port A rthur Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


35

Figure 73

1.16

1.18

1.20

1.22

1.24

2011 2012 2013 2014

Brownsville-‐Harlingen Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


1.16

1.18

1.20

1.22

1.24

2011 2012 2013 2014

L ubbock Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


1.16

1.18

1.20

1.22

1.24

2011 2012 2013 2014

K illeen-‐Temple-‐Fort Hood Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


36

Figure 76

0.98

1.00

1.02

1.04

1.06

1.08

2011 2012 2013 2014

Amarillo Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


0.92

0.94

0.96

0.98

1.00

1.02

2011 2012 2013 2014

Waco Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


.86

.88

.90

.92

.94

2011 2012 2013 2014

College Station-‐Bryan Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


37

Figure 79

.88

.89

.90

.91

.92

.93

.94

2011 2012 2013 2014

L ongview Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


.83

.84

.85

.86

.87

.88

2011 2012 2013 2014

L aredo Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


.82

.84

.86

.88

.90

2011 2012 2013 2014

Tyler Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


38

Figure 82

.68

.70

.72

.74

.76

.78

2011 2012 2013 2014

Midland Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


.60

.62

.64

.66

.68

2011 2012 2013 2014

Odessa Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


.58

.59

.60

.61

.62

.63

2011 2012 2013 2014

Abilene Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


39

Figure 85

.48

.50

.52

.54

.56

.58

2011 2012 2013 2014

Wichita Falls Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


.46

.48

.50

.52

.54

.56

2011 2012 2013 2014

Texarkana Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


.476

.478

.480

.482

.484

.486

2011 2012 2013 2014

V ictoria Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


40

Figure 88

.412

.416

.420

.424

.428

.432

2011 2012 2013 2014

San Angelo Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


.385

.390

.395

.400

.405

.410

2011 2012 2013 2014

Sherman-‐Denison Metro A reaShare of Total Texas Jobs, 2011-‐2014

Percent

Y ear:Month


0.4

0.6

0.8

1.0

1.2

2011 2012 2013 2014

Houston-‐Sugar L and-‐Baytown Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


41

Figure 91

.3

.4

.5

.6

.7

.8

2011 2012 2013 2014

Dallas-‐Plano-‐Irving Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


.20

.25

.30

.35

.40

2011 2012 2013 2014

Austin-‐Round Rock-‐San Marcos Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


.10

.15

.20

.25

.30

.35

2011 2012 2013 2014

Fort Worth-‐A rlington Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


42

Figure 94

.10

.15

.20

.25

.30

2011 2012 2013 2014

San Antonio-‐New Braunfels Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


-.04

-.02

.00

.02

.04

.06

2011 2012 2013 2014

College Station-‐Bryan Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


-.04

.00

.04

.08

2011 2012 2013 2014

Corpus C hristi Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


43

Figure 97

.00

.02

.04

.06

.08

2011 2012 2013 2014

E l Paso Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


.02

.04

.06

.08

.10

2011 2012 2013 2014

McA llen-‐Edinburg-‐Mission Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


-.01

.00

.01

.02

.03

.04

.05

2011 2012 2013 2014

L ubbock Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


44

Figure 100

.02

.03

.04

.05

.06

.07

2011 2012 2013 2014

Midland Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


-.01

.00

.01

.02

.03

2011 2012 2013 2014

K illeen-‐Temple-‐Fort Hood Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


.00

.01

.02

.03

.04

2011 2012 2013 2014

Brownsville-‐Harlingen Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


45

Figure 103

.00

.01

.02

.03

.04

2011 2012 2013 2014

L ongview Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


.00

.02

.04

.06

.08

2011 2012 2013 2014

Odessa Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


.004

.008

.012

.016

.020

.024

2011 2012 2013 2014

V ictoria Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


46

Figure 106

-.02

-.01

.00

.01

.02

2011 2012 2013 2014

Waco Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


-.02

-.01

.00

.01

.02

.03

.04

2011 2012 2013 2014

Amarillo Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


.01

.02

.03

.04

2011 2012 2013 2014

L aredo Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


47

Figure 109

-.005

.000

.005

.010

.015

2011 2012 2013 2014

Sherman-‐Denison Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


-.004

.000

.004

.008

.012

.016

2011 2012 2013 2014

Abilene Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


-.01

.00

.01

.02

.03

2011 2012 2013 2014

Tyler Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


48

Figure 112

-.06

-.04

-.02

.00

.02

.04

.06

2011 2012 2013 2014

Beaumont-‐Port A rthur Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


.000

.004

.008

.012

.016

2011 2012 2013 2014

San Angelo Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


-.015

-.010

-.005

.000

.005

.010

.015

2011 2012 2013 2014

Wichita Falls Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


49

Figure 115

-.03

-.02

-.01

.00

.01

.02

2011 2012 2013 2014

Texarkana Metro A reaContribution to Texas Employment Growth R ate, 2011-‐2014

Percent

Y ear:Month


-0.8

-0.4

0.0

0.4

0.8

1.2

1.6

2.0

2.4

2.8

3.2

3.6

4.0

4.4

4.8

5.2

2 3 4 5 6 7 8 9

Unemployment Rate, May 2014, Percent

Empl

oym

ent G

row

th R

ate,

May

201

3 to

May

201

4, P

erce

nt

Texas Metropolitan Employment Growth R ates and Unemployment Growth R ates

Abilene

Amari l lo

A ustin-‐Round Rock-‐San Marcos

Beaumont-‐Port A rthur

Brownsville-‐Harl ingen

Col lege Station-‐Bryan

Corpus Christi

Dal las-‐P lano-‐Irving

E l Paso

Fort Worth-‐A rl ington

Houston-‐Sugar L and-‐Baytown

K i l leen-‐Temple-‐Fort Hood

L aredo

L ongview

L ubbock

McA llen-‐E dinburg-‐Mission

Midland

Odessa

San A ngelo

San A ntonio-‐New BraunfelsSherman-‐Denison

Texarkana

Tyler

Victoria

Waco

Wichita Fal ls

Texas

Texas

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