• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Accessibility Statement

Follow Us on FacebookFollow Us on TwitterFollow Us on InstagramFollow Us on YouTubeRSS Feed

Kimberly Howell Properties

San Antonio Real Estate

office@kimberlyhowell.com
(210) 493-6888
  • Blog
  • About Us
  • Agents
  • Buyers
    • Neighborhoods
    • Relocation Information
  • Sellers
  • Listings
    • Available Rentals
    • Homes for Sale
    • McNair Custom Homes
    • Open Houses
  • Contact
  • Rental SearchHomes for Rent
  • REALTORS®Find an Agent
  • McNair Custom HomesNew Construction
  • Property SearchHomes for Sale
You are here: Home / Real Estate Market / Texas Economy Slows Growth Rate

Texas Economy Slows Growth Rate

February 1, 2016 by khproperties Leave a Comment

Slow Growth

Since 2012, the Texas economy has been on a strong path, beating US growth rates month after month, but it looks like the Texas economy has started to slow down. Since August of 2015, the Texas economy’s growth rate has dipped below the national growth rate and continued its decline through the end of the year. While the numbers are showing signs of slowing down, the comparison of Texas and the US is also being affected by growth on the national scale. From December 2014 to December 2015, the state added 169,000 nonagricultural jobs with an annual growth rate of 1.4%; the US had a growth rate of 1.9% during the same period. Nongovernment jobs shows a wider gap, with 142,800 jobs added, an annual growth rate of 1.4%, compared to the national 2.2%. During this period, Texas experienced a slight increase in its unemployment rate from 4.6% to 4.7%, which is still below the national average, which decreased from 5.6% to 5%. You can see a full breakdown of the numbers on a state level as well as by metro area in the Texas Real Estate Center at Texas A&M University’s Monthly Review of the Texas Economy (PDF file).

image courtesy of kennymatic

Related Posts

  • Despite Oil Concerns, Jobs Keep ComingDespite Oil Concerns, Jobs Keep Coming
  • What You Need To Know About Home PricesWhat You Need To Know About Home Prices
  • Get Out and Vote Today!Get Out and Vote Today!
  • Texas Ranks 2nd As Relocation DestinationTexas Ranks 2nd As Relocation Destination
  • Texas Unemployment and Job GrowthTexas Unemployment and Job Growth

Filed Under: Real Estate Market Tagged With: texas, economy, growth rate

Quick Search

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Why It Makes Sense to Move Before Spring

Why It Makes Sense To Move Before Spring

Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in … [Read More...] about Why It Makes Sense To Move Before Spring

Home Values

Have Home Values Hit Bottom?

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and … [Read More...] about Have Home Values Hit Bottom?

Home Equity

3 Ways You Can Use Your Home Equity

If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you … [Read More...] about 3 Ways You Can Use Your Home Equity

Best Practices for Selling Your House

3 Best Practices for Selling Your House This Year

A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of … [Read More...] about 3 Best Practices for Selling Your House This Year

Median Asking Rent

Avoid The Rental Trap This Year

If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it … [Read More...] about Avoid The Rental Trap This Year

Search Our Site

Real Estate Topics

  • Buying a Home
  • Homeowner Tips
  • KHP News
  • Local Events
  • Local Laws
  • Miscellaneous
  • Mortgages and Financing
  • Open Houses
  • Real Estate
  • Real Estate Market
  • Renters and Landlords
  • San Antonio Places
  • Sell Your Home
  • Technology
Our real estate agents can help you with properties anywhere in Texas. If you need assistance finding agents in other parts of the country, please contact us.

Search Homes

Explore Cities

  • Alamo Heights 34 Listings
  • Bandera 416 Listings
  • Blanco 194 Listings
  • Boerne 770 Listings
  • Bulverde 451 Listings
  • Canyon Lake 526 Listings
  • Castle Hills 20 Listings
  • Castroville 108 Listings
  • Cibolo 365 Listings
  • Comfort 64 Listings
  • Converse 690 Listings
  • Fair Oaks Ranch 64 Listings
  • Floresville 271 Listings
  • Garden Ridge 6 Listings
  • Helotes 159 Listings
  • Hill Country Village 4 Listings
  • La Vernia 182 Listings
  • Lakehills 146 Listings
  • Leon Valley 10 Listings
  • Live Oak 78 Listings
  • Mico 127 Listings
  • New Braunfels 1487 Listings
  • Olmos Park 8 Listings
  • San Antonio 11052 Listings
  • Schertz 302 Listings
  • Seguin 698 Listings
  • Selma 73 Listings
  • Shavano Park 26 Listings
  • Spring Branch 458 Listings
  • Terrell Hills 28 Listings
  • Universal City 98 Listings
  • Windcrest 25 Listings
  • Hollywood Pk 4 Listings

Stay up to date with the latest from Kimberly Howell Properties.

San Antonio real estate and property information provided by Kimberly Howell Properties. Kimberly Howell Properties does not assume any liability or responsibility for the operation or content of any of the linked resources, nor for any of the interpretations, comments, graphics, or opinions contained therein. All information deemed reliable, but not guaranteed.

KJH Properties, Inc. is a licensed real estate brokerage in the State of Texas, Equal Opportunity Employer, and supporter of the Fair Housing Act.

TREC Information About Brokerage Services | TREC Consumer Protection Notice | Privacy Policy

All content © 2009-2023 Kimberly Howell Properties, unless otherwise noted.