monthly review of the texas economy

TRMARCH 20181 8 6 2

TECHNICAL REPOR T

1

Monthly Review of the Texas Economy—March 2018 By Ali Anari

The Texas economy continues to outpace the U.S. economy in job creation. The state gained 285,200 nonagricultural jobs from February 2017 to February 2018, an annual growth rate of 2.3 percent, higher than the nation’s employment growth rate of 1.6 percent (Table 1 and Figure 1). The nongovernment sector added 283,500 jobs, an annual growth rate of 2.8 percent, also higher than the nation’s employment growth rate of 1.8 percent in the private sector (Table 1). Texas’ seasonally adjusted unemployment rate in February 2018 was 4 percent, lower than the 4.7 percent rate in February 2017. The nation’s rate decreased from 4.7 to 4.1 percent (Table 1). Texas Employment Growth Rates by Industry Table 2 shows Texas industries ranked by employment growth rate from February 2017 to February 2018. All Texas industries except the information industry had more jobs in February 2018 than in February 2017. The mining and logging industry ranked first in job creation followed by construction; transportation, warehousing, and utilities; professional and business services; leisure and hospitality; and financial activities. Figures 2 to 13 show trends in employment growth rates by industry.

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 February 2018. Of the 12,422,400 nonagricultural jobs in February 2018, the highest percentage of employment by industry was in the government sector, followed by trade, professional and business services, education and health services, leisure and hospitality, and manufacturing. Since February 2017, professional and business services; leisure and hospitality; financial activities; construction, transportation, and warehousing; utilities; and mining and logging have expanded their shares of Texas employment at the expense of the government sector, trade, education and health services, manufacturing, other services, and the information industry. Figures 14 to 25 show trends in shares of total Texas jobs by industry. Contributions to Texas Employment Growth Rate by Industry Texas’ statewide employment growth rate of 2.3 percent, or more exactly 2.3498 percent, from February 2017 to February 2018 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 February 2017 to February 2018. The state’s professional and business services ranked first in contribution to job growth followed by leisure and hospitality, construction, mining and logging, trade, and education and health services. Figures 26 to 37 show trends in contributions of Texas industries to Texas job growth rates.

Employment Growth Rates by Texas Metropolitan Areas All Texas metro areas except Brownsville-Harlingen, Victoria, Beaumont-Port Arthur, and Corpus Christi had more jobs in February 2018 than in February 2017 (Table 5). Midland ranked first in job creation followed by Odessa, College Station-Bryan, Austin-Round Rock, Dallas-Plano-Irving, Fort Worth-Arlington, and San Antonio-New Braunfels (Table 5). Figures 38 to 63 show trends in annual employment growth rates for the state’s metropolitan areas.

2

Texas Job Shares by Metropolitan Area Table 6 shows Texas metropolitan areas ranked by their shares of total Texas jobs in February 2018. The Houston-The Woodlands-Sugar Land metro area had the largest share of Texas jobs followed by Dallas-Plano-Irving, Austin-Round Rock, San Antonio-New Braunfels, Fort Worth-Arlington, El Paso, and McAllen-Edinburg-Mission. Figures 64 to 89 show trends in metropolitan shares of total Texas jobs. Contributions to Texas’ Employment Growth Rate by Metropolitan Area The statewide employment growth rate of 2.3498 percent in Texas from February 2017 to February 2018 is the weighted average of employment growth rates of all Texas metros for the period. Weights are shares of jobs by area. The contribution of each metro 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 metros ranked by their contributions to Texas employment growth rates from February 2017 to February 2018. Dallas-Plano-Irving ranked first followed by Houston-The Woodlands-Sugar Land, Austin-Round Rock, San Antonio-New Braunfels, Fort Worth-Arlington, Midland, and College Station-Bryan. Figures 90 to 115 show trends in contributions of Texas metros to total Texas job growth rates. Unemployment Rate by Metropolitan Area The state’s actual unemployment rate in February 2018 was 4.1 percent. Midland had the lowest unemployment rate followed by Amarillo, Austin-Round Rock, College Station-Bryan, Lubbock, and Odessa (Table 8).

Employment Growth Rates by Industry in Largest Texas Metropolitan Areas Table 9 shows annual growth rates of employment by industry in the six largest Texas metropolitan areas from February 2017 to February 2018. The current growth rate of Houston-The Woodlands-Sugar Land’s economy is due to job growth rates in professional and business services; mining and construction; financial activities; manufacturing; trade, transportation, and utilities; and leisure and hospitality. Dallas-Plano-Irving is currently experiencing positive employment growth rates in all industries as well as the government sector. San Antonio’s economy is currently driven by mining and construction; leisure and hospitality; professional and business services; other services; trade, transportation, and utilities; and manufacturing. Fort Worth-Arlington’s economy is currently experiencing job growth rates in all industries except information, mining and construction, and other services. Government is the only sector in Austin experiencing job losses. The El Paso economy is currently driven by mining and construction, education and health services, professional and business services, and financial activities.

3

NonFarm Employment February 2018 February 2017 Absolute PercentTexas 12,422,400 12,137,200 285,200 2.3United States 148,177,000 145,896,000 2,281,000 1.6

Private Employment February 2018 February 2017 Absolute PercentTexas 10,483,300 10,199,800 283,500 2.8United States 125,819,000 123,587,000 2,232,000 1.8

Labor Participation Labor Force Unemployed February 2018 February 2017Texas 13,657,100 544,100 4.0 4.7United States 161,921,000 6,706,000 4.1 4.7Sources: Texas Workforce Commission and U.S. Bureau of Labor Statistics

Table 1

ChangeTexas and U.S. Labor Markets

February 2018 Unemployment Rate, Percent

February FebruaryRank Industry 2018 2017 Change %Change

1 Mining and Logging 240,300 212,000 28,300 13.352 Construction 740,200 706,300 33,900 4.803 Transportation, Warehousing, Utilities 553,000 531,300 21,700 4.084 Professional and Business Services 1,718,500 1,654,200 64,300 3.895 Leisure and Hospitality 1,353,900 1,308,400 45,500 3.486 Financial Activities 769,900 747,100 22,800 3.057 Manufacturing 859,800 843,700 16,100 1.918 Education and Health Services 1,683,700 1,658,400 25,300 1.539 Trade 1,934,700 1,909,300 25,400 1.33

10 Other Services 429,600 426,200 3,400 0.8011 Government 1,939,100 1,937,400 1,700 0.0912 Information 199,700 202,900 -3,200 -1.58

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 February 2017 to February 2018

4

February February2018 2017

Rank Industry Percent Percent1 Government 15.61 15.962 Trade 15.57 15.733 Professional and Business Services 13.83 13.634 Education and Health Services 13.55 13.665 Leisure and Hospitality 10.90 10.786 Manufacturing 6.92 6.957 Financial Activities 6.20 6.168 Construction 5.96 5.829 Transportation, Warehousing, Utilities 4.45 4.3810 Other Services 3.46 3.5111 Mining and Logging 1.93 1.7512 Information 1.61 1.67

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

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


Rank Industry Percent Percent1 Professional and Business Services 0.5298 0.26242 Leisure and Hospitality 0.3749 0.23733 Construction 0.2793 0.06854 Mining and Logging 0.2332 -0.14215 Trade 0.2093 0.08526 Education and Health Services 0.2085 0.42377 Financial Activities 0.1879 0.15048 Transportation, Warehousing, Utilities 0.1788 0.14049 Manufacturing 0.1327 -0.1070

10 Other Services 0.0280 0.022611 Government 0.0140 0.266612 Information -0.0264 0.0125

Total 2.3498 1.4205Sources: Texas Workforce Commission and Real Estate Center at Texas A&M UniversityNote: Components may not add up to totals due to rounding

Contributions of Texas Industries and the Government Sector to Texas Employment Growth RateTable 4

5

Rank Metropolitan Area Employment Growth Rate, %1 Midland 8.62 Odessa 7.13 College Station-Bryan 5.14 Austin-Round Rock 3.65 Dallas-Plano-Irving 2.76 Fort Worth-Arlington 2.46 San Antonio-New Braunfels 2.4

Texas 2.38 Tyler 2.39 Houston-The Woodlands-Sugar Land 2.210 Lubbock 1.910 McAllen-Edinburg-Mission 1.912 Laredo 1.713 Abilene 1.614 Amarillo 1.415 Sherman-Denison 1.315 Killeen-Temple-Fort Hood 1.317 San Angelo 1.218 El Paso 1.019 Longview 0.920 Wichita Falls 0.320 Texarkana 0.322 Waco 0.123 Brownsville-Harlingen -0.124 Victoria -0.225 Beaumont-Port Arthur -1.025 Corpus Christi -1.0

Table 5Texas Metropolitan Areas Ranked by Employment Growth Rate

From February 2017 to February 2018


6


Metropolitan Area Percent Percent1 Houston-The Woodlands-Sugar Land 24.6997 24.73552 Dallas-Plano-Irving 21.0354 20.95793 Austin-Round Rock 8.5209 8.41464 San Antonio-New Braunfels 8.4967 8.49455 Fort Worth-Arlington 8.4098 8.40726 El Paso 2.5349 2.56907 McAllen-Edinburg-Mission 2.0978 2.10768 Corpus Christi 1.5408 1.59269 Beaumont-Port Arthur 1.3089 1.3529

10 Lubbock 1.2035 1.208711 Killeen-Temple-Fort Hood 1.1616 1.174112 Brownsville-Harlingen 1.1367 1.165013 Waco 0.9757 0.997814 Amarillo 0.9708 0.979615 College Station-Bryan 0.9692 0.944216 Tyler 0.8541 0.854417 Laredo 0.8436 0.848618 Midland 0.7833 0.738219 Longview 0.7792 0.790120 Odessa 0.6070 0.580021 Abilene 0.5587 0.562722 Texarkana 0.4854 0.495223 Wichita Falls 0.4758 0.485324 San Angelo 0.3985 0.402925 Sherman-Denison 0.3824 0.386426 Victoria 0.3309 0.3395

Micropolitan Texas 8.4388 8.4155Total 100.0000 100.0000


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

Rank

Table 6Texas Metropolitan and Micropolitan Shares of Total Texas Jobs

7

February FebruaryRank Metropolitan Area 2018 2017

1 Dallas-Plano-Irving 0.5718 0.62922 Houston-The Woodlands-Sugar Land 0.5446 0.03013 Austin-Round Rock 0.3065 0.27244 San Antonio-New Braunfels 0.2019 0.19895 Fort Worth-Arlington 0.2002 0.15966 Midland 0.0634 0.00507 College Station-Bryan 0.0478 0.01348 Odessa 0.0412 -0.00929 McAllen-Edinburg-Mission 0.0395 0.0443

10 El Paso 0.0255 0.048511 Lubbock 0.0231 0.025112 Tyler 0.0198 0.005013 Killeen-Temple-Fort Hood 0.0148 0.015913 Laredo 0.0148 0.012515 Amarillo 0.0140 -0.010916 Abilene 0.0091 0.003317 Longview 0.0074 -0.017518 Sherman-Denison 0.0049 0.008418 San Angelo 0.0049 -0.004220 Wichita Falls 0.0016 0.007520 Texarkana 0.0016 -0.007522 Waco 0.0008 0.030123 Victoria -0.0008 -0.012524 Brownsville-Harlingen -0.0016 0.009225 Beaumont-Port Arthur -0.0132 -0.012526 Corpus Christi -0.0157 0.0025

Micropolitan Texas 0.2216 -0.0259Total 2.3498 1.4205

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

Table 7Contributions of Texas Metropolitan and Micropolitan Areas to Total Texas Employment Growth Rate

8

Rank Metropolitan Area Unemployment Rate,%1 Midland 2.52 Amarillo 2.93 Austin-Round Rock 3.03 College Station-Bryan 3.05 Lubbock 3.16 Odessa 3.27 San Angelo 3.38 San Antonio-New Braunfels 3.48 Sherman-Denison 3.4

10 Abilene 3.510 Wichita Falls 3.512 Fort Worth-Arlington 3.613 Dallas-Plano-Irving 3.714 Tyler 3.814 Waco 3.816 Laredo 3.917 Killeen-Temple 4.1

Texas 4.118 Victoria 4.319 El Paso 4.519 Longview 4.521 Houston-The Woodlands-Sugar Land 4.722 Texarkana 4.823 Corpus Christi 5.524 Brownsville-Harlingen 6.725 Beaumont-Port Arthur 6.826 McAllen-Edinburg-Mission 7.1


Table 8Texas Metropolitan Areas Ranked by Unemployment Rate, February 2018

9

Industry: Houston Dallas San Antonio Fort Worth Austin El PasoMining and Construction 3.78 7.07 10.28 -2.82 6.03 7.33Manufacturing 2.20 3.31 2.08 3.14 2.86 -4.71Trade, Transportation and Utilities 2.03 1.62 2.11 2.13 4.89 -0.74Information -1.86 0.42 -3.35 -1.77 4.08 0.00Financial Activities 2.54 2.48 -0.67 5.15 4.97 1.59Professional and Business Services 5.38 1.93 2.87 4.14 6.66 2.64Education and Health Services 0.63 2.45 1.37 3.22 3.17 2.69Leisure and Hospitality 1.94 5.32 5.57 5.11 4.76 1.17Other Services -0.09 6.56 2.16 -0.79 3.19 0.00Government 0.44 1.85 0.75 1.67 -1.58 0.55Sources: Texas Workforce Commission and Real Estate Center at Texas A&M University

Employment Growth Rates by Industry in Largest Texas Metropolitan AreasTable 9

Annual Growth Rates from February 2017 to February 2018, Percent

Largest Texas Metropolitan Areas

10

Figure 1

Figure 2

Figure 3

-1

0

1

2

3

4

2015 2016 2017 2018

TexasU.S.

Nonfarm Employment Growth Rates for United States and TexasAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


-30

-20

-10

0

10

20

2015 2016 2017 2018

Texas Mining and Logging IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


0

2

4

6

8

10

2015 2016 2017 2018

Texas Construction IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


11

Figure 4

Figure 5

Figure 6

-2

0

2

4

6

8

2015 2016 2017 2018

Texas Transportation, Warehousing, and Utilities IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


0

2

4

6

2015 2016 2017 2018

Texas Professional and Business Services IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


0

2

4

6

2015 2016 2017 2018

Texas Leisure and Hospitality IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


12

Figure 7

Figure 8

Figure 9

-1

0

1

2

3

4

5

2015 2016 2017 2018

Texas Financial Activities IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


-6

-4

-2

0

2

4

2015 2016 2017 2018

Texas Manufacturing IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


0

2

4

6

2015 2016 2017 2018

Texas Education and Health Services IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


13

Figure 10

Figure 11

Figure 12

-1

0

1

2

3

4

2015 2016 2017 2018

Texas Trade IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


-1

0

1

2

3

2015 2016 2017 2018

Texas Other Services IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


-1

0

1

2

3

2015 2016 2017 2018

Texas Government SectorAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


14

Figure 13

Figure 14

Figure 15

-2

-1

0

1

2

2015 2016 2017 2018

Texas Information IndustryAnnual Employment Growth Rates,2015-2018

Perc

ent

Year:Month


14

15

16

17

2015 2016 2017 2018

Texas Government SectorShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


15.0

15.5

16.0

16.5

17.0

2015 2016 2017 2018

Texas Trade IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


15

Figure 16

Figure 17

Figure 18

13.0

13.2

13.4

13.6

13.8

14.0

2015 2016 2017 2018

Texas Professional and Business Services IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


13.1

13.2

13.3

13.4

13.5

13.6

13.7

2015 2016 2017 2018

Texas Education and Health Services IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


8

9

10

11

12

2015 2016 2017 2018

Texas Leisure and Hospitality IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


16

Figure 19

Figure 20

Figure 21

6.8

7.0

7.2

7.4

7.6

7.8

2015 2016 2017 2018

Texas Manufacturing IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


6.00

6.05

6.10

6.15

6.20

6.25

2015 2016 2017 2018

Texas Financial Activities IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


5.70

5.75

5.80

5.85

5.90

5.95

6.00

2015 2016 2017 2018

Texas Construction IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


17

Figure 22

Figure 23

Figure 24

4.20

4.25

4.30

4.35

4.40

4.45

4.50

2015 2016 2017 2018

Texas Transportation, Utilities, Warehousing IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


3.0

3.2

3.4

3.6

3.8

4.0

2015 2016 2017 2018

Texas Other Services IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


1.6

1.8

2.0

2.2

2.4

2.6

2.8

2015 2016 2017 2018

Texas Mining and Logging IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


18

Figure 25

Figure 26

Figure 27

1.60

1.62

1.64

1.66

1.68

1.70

2015 2016 2017 2018

Texas Information IndustryShare of Total Texas Jobs,2015-2018

Perc

ent

Year:Month


.0

.2

.4

.6

.8

2015 2016 2017 2018

Texas Professional and Business Services IndustryContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


.1

.2

.3

.4

.5

.6

2015 2016 2017 2018

Texas Leisure and Hospitality IndustryContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


19

Figure 28

Figure 29

Figure 30

.0

.1

.2

.3

.4

.5

2015 2016 2017 2018

Texas Construction IndustryContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


-.8

-.6

-.4

-.2

.0

.2

.4

2015 2016 2017 2018

Texas Mining and Logging Industry Contribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


.0

.1

.2

.3

.4

.5

.6

2015 2016 2017 2018

Texas Trade IndustryContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


20

Figure 31

Figure 32

Figure 33

.1

.2

.3

.4

.5

.6

2015 2016 2017 2018

Texas Education and Health Services IndustryContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


.10

.12

.14

.16

.18

.20

.22

2015 2016 2017 2018

Texas Financial Activities IndustryContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


.08

.12

.16

.20

.24

.28

2015 2016 2017 2018

Texas Transportation, Utilities, Warehousing IndustryContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


21

Figure 34

Figure 35

Figure 36

-.4

-.2

.0

.2

.4

2015 2016 2017 2018

Texas Manufacturing IndustryContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


-.02

.00

.02

.04

.06

.08

2015 2016 2017 2018

Texas Other Services IndustryContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


.0

.1

.2

.3

.4

2015 2016 2017 2018

Texas Government SectorContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


22

Figure 37

Figure 38

Figure 39

-.04

-.02

.00

.02

.04

2015 2016 2017 2018

Texas Information IndustryContribution to Texas Employment Growth Rate,2015-2018

Perc

ent

Year:Month


-10

-5

0

5

10

2015 2016 2017 2018

Midland Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-12

-8

-4

0

4

8

12

2015 2016 2017 2018

Odessa Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


23

Figure 40

Figure 41

Figure 42

0

2

4

6

2015 2016 2017 2018

College Station-Bryan Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


0

2

4

6

2015 2016 2017 2018

Austin-Round Rock Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


0

2

4

6

2015 2016 2017 2018

Dallas-Plano-Irving Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


24

Figure 43

Figure 44

Figure 45

-1

0

1

2

3

4

2015 2016 2017 2018

Fort Worth-Arlington Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-1

0

1

2

3

4

5

2015 2016 2017 2018

San Antonio-New Braunfels Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-1

0

1

2

3

4

5

2015 2016 2017 2018

Tyler Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


25

Figure 46

Figure 47

Figure 48

0

2

4

6

2015 2016 2017 2018

Houston-The Woodlands-Sugar Land Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-1

0

1

2

3

4

2015 2016 2017 2018

Lubbock Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-1

0

1

2

3

4

2015 2016 2017 2018

McAllen-Edinburg Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


26

Figure 49

Figure 50

Figure 51

-1

0

1

2

3

4

5

2015 2016 2017 2018

Laredo Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-2

-1

0

1

2

3

2015 2016 2017 2018

Abilene Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-2

-1

0

1

2

3

2015 2016 2017 2018

Amarillo Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


27

Figure 52

Figure 53

Figure 54

-1

0

1

2

3

4

2015 2016 2017 2018

Sherman-Denison Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-1

0

1

2

3

4

5

2015 2016 2017 2018

Killeen-Temple Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-2

0

2

4

2015 2016 2017 2018

San Angelo Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


28

Figure 55

Figure 56

Figure 57

-1

0

1

2

3

4

2015 2016 2017 2018

El Paso Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-6

-4

-2

0

2

4

2015 2016 2017 2018

Longview Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-2

-1

0

1

2

3

2015 2016 2017 2018

Wichita Falls Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


29

Figure 58

Figure 59

Figure 60

-2

-1

0

1

2

3

4

2015 2016 2017 2018

Texarkana Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-1

0

1

2

3

4

2015 2016 2017 2018

Waco Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-1

0

1

2

3

4

2015 2016 2017 2018

Brownsville-Harlingen Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


30

Figure 61

Figure 62

Figure 63

-8

-4

0

4

2015 2016 2017 2018

Victoria Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-4

-2

0

2

4

6

2015 2016 2017 2018

Beaumont-Port Arthur Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


-2

-1

0

1

2

2015 2016 2017 2018

Corpus Christi Metro AreaAnnual Employment Growth Rates, 2015-2018

Perc

ent

Year:Month


31

Figure 64

Figure 65

Figure 66

24.6

24.8

25.0

25.2

25.4

25.6

2015 2016 2017 2018

Houston-The Woodlands-Sugar Land Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


20.0

20.4

20.8

21.2

2015 2016 2017 2018

Dallas-Plano-Irving Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


7.8

8.0

8.2

8.4

8.6

2015 2016 2017 2018

Austin-Round Rock Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


32

Figure 67

Figure 68

Figure 69

8.2

8.3

8.4

8.5

8.6

2015 2016 2017 2018

San Antonio-New Braunfels Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


8.32

8.36

8.40

8.44

8.48

2015 2016 2017 2018

Fort Worth-Arlington Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


2.52

2.54

2.56

2.58

2.60

2015 2016 2017 2018

El Paso Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


33

Figure 70

Figure 71

Figure 72

2.00

2.05

2.10

2.15

2.20

2015 2016 2017 2018

McAllen-Edinburg-Mission Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


1.52

1.56

1.60

1.64

1.68

2015 2016 2017 2018

Corpus Christi Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


1.28

1.32

1.36

1.40

1.44

2015 2016 2017 2018

Beaumont-Port Arthur Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


34

Figure 73

Figure 74

Figure 75

1.18

1.19

1.20

1.21

1.22

2015 2016 2017 2018

Lubbock Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


1.14

1.15

1.16

1.17

1.18

2015 2016 2017 2018

Killeen-Temple Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


1.13

1.14

1.15

1.16

1.17

1.18

2015 2016 2017 2018

Brownsville-Harlingen Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


35

Figure 76

Figure 77

Figure 78

0.96

0.97

0.98

0.99

1.00

2015 2016 2017 2018

Waco Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


0.97

0.98

0.99

1.00

1.01

2015 2016 2017 2018

Amarillo Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


0.80

0.85

0.90

0.95

1.00

2015 2016 2017 2018

College Station-Bryan Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


36

Figure 79

Figure 80

Figure 81

.850

.855

.860

.865

.870

2015 2016 2017 2018

Tyler Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


.840

.845

.850

.855

.860

2015 2016 2017 2018

Laredo Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


.68

.72

.76

.80

.84

2015 2016 2017 2018

Midland Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


37

Figure 82

Figure 83

Figure 84

.76

.78

.80

.82

.84

.86

.88

2015 2016 2017 2018

Longview Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


.56

.60

.64

.68

.72

2015 2016 2017 2018

Odessa Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


.555

.560

.565

.570

.575

.580

2015 2016 2017 2018

Abilene Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


38

Figure 85

Figure 86

Figure 87

.485

.490

.495

.500

.505

.510

.515

2015 2016 2017 2018

Texarkana Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


.475

.480

.485

.490

.495

.500

2015 2016 2017 2018

Wichita Falls Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


.395

.400

.405

.410

.415

.420

.425

2015 2016 2017 2018

San Angelo Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


39

Figure 88

Figure 89

Figure 90

.378

.380

.382

.384

.386

.388

2015 2016 2017 2018

Sherman-Denison Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


.32

.34

.36

.38

.40

2015 2016 2017 2018

Victoria Metro AreaShare of Total Texas Jobs, 2015-2018

Perc

ent

Year:Month


0.4

0.5

0.6

0.7

0.8

0.9

1.0

2015 2016 2017 2018

Dallas-Plano-Irving Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


40

Figure 91

Figure 92

Figure 93

-0.2

0.0

0.2

0.4

0.6

0.8

1.0

2015 2016 2017 2018

Houston-The Woodlands-Sugar Land Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


.20

.25

.30

.35

.40

2015 2016 2017 2018

Austin-Round Rock Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


.15

.20

.25

.30

.35

2015 2016 2017 2018

San Antonio-New Braunfels Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


41

Figure 94

Figure 95

Figure 96

.0

.1

.2

.3

.4

.5

.6

2015 2016 2017 2018

Fort Worth-Arlington Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


-.08

-.04

.00

.04

.08

2015 2016 2017 2018

Midland Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


.00

.02

.04

.06

.08

2015 2016 2017 2018

College Station-Bryan Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


42

Figure 97

Figure 98

Figure 99

-.10

-.05

.00

.05

2015 2016 2017 2018

Odessa Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


.00

.02

.04

.06

.08

.10

2015 2016 2017 2018

McAllen-Edinburg-Mission Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


.00

.02

.04

.06

.08

2015 2016 2017 2018

El Paso Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


43

Figure 100

Figure 101

Figure 102

.01

.02

.03

.04

2015 2016 2017 2018

Lubbock Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


.00

.01

.02

.03

2015 2016 2017 2018

Tyler Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


.00

.01

.02

.03

.04

.05

.06

2015 2016 2017 2018

Killeen-Temple Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


44

Figure 103

Figure 104

Figure 105

.00

.01

.02

.03

.04

2015 2016 2017 2018

Laredo Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


-.02

-.01

.00

.01

.02

.03

2015 2016 2017 2018

Amarillo Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


-.015

-.010

-.005

.000

.005

.010

.015

2015 2016 2017 2018

Abilene Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


45

Figure 106

Figure 107

Figure 108

-.06

-.04

-.02

.00

.02

.04

2015 2016 2017 2018

Longview Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


-.004

.000

.004

.008

.012

2015 2016 2017 2018

Sherman-Denison Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


-.012

-.008

-.004

.000

.004

.008

.012

2015 2016 2017 2018

San Angelo Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


46

Figure 109

Figure 110

Figure 111

-.008

-.004

.000

.004

.008

.012

2015 2016 2017 2018

Wichita Falls Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


-.010

-.005

.000

.005

.010

.015

.020

2015 2016 2017 2018

Texarkana Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


.00

.01

.02

.03

.04

2015 2016 2017 2018

Waco Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


47

Figure 112

Figure 113

Figure 114

-.03

-.02

-.01

.00

.01

.02

2015 2016 2017 2018

Victoria Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


.00

.01

.02

.03

.04

.05

.06

2015 2016 2017 2018

Brownsville-Harlingen Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


-.04

-.02

.00

.02

.04

.06

2015 2016 2017 2018

Beaumont-Port Arthur Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


48

Figure 115

-.04

-.02

.00

.02

.04

2015 2016 2017 2018

Corpus Christi Metro AreaContribution to Texas Employment Growth Rate, 2015-2018

Perc

ent

Year:Month


i

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