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文章基本信息

  • 标题:Tide Turns Texas Toward Recovery
  • 作者:Timothy K. Hopper ; Keith Phillips
  • 期刊名称:Houston Business
  • 出版年度:2003
  • 卷号:2003
  • 出版社:Federal Reserve Bank of Dallas
  • 摘要:

    According to the Texas Coincident Index, the state’s economy has been in recovery since the first quarter of this year. However, like the jobless recovery of the last recession after the 1990–91 Gulf War, continuing job losses, centered primarily in manufacturing, in both Texas and the United States have pulled the employment statistics down, even as overall output climbed. The difference between the past two years and the current one is the momentum building in the U.S. economy that will eventually turn the tide on employment losses. Texas is participating in this buildup and, for the first time since 2000, will end the year with positive job growth.

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