Texas Border Business
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The Dallas Fed has just released the latest RGV Economic Indicators report, providing a quarterly snapshot of the local economic conditions in our dynamic and rapidly expanding region.
| Key Insights |
| – Employment Growth: The region saw a 4.2% annual growth rate in Q3, driven by government, education & health, and leisure & hospitality sectors. |
| – Unemployment Rate: Remained steady and relatively flat. |
| – Year-to-Date Employment Growth: RGV’s 2.1% growth outpaced the national average of 1.3%. |
| – Wage Increases: Average hourly earnings jumped 7.9% year over year, reaching $21.38/hour. |
Stay informed about the RGV’s economic trajectory and make data-driven decisions.
Click Here to Access the Full Report Today!
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