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Texas Employment Outlook in 2019

houston market research texas Mar 17, 2019

Texas Employment Forecast indicates that jobs will grow approx. 1.5% in 2019.

Growth is looking to be slower than last years estimated 2.3%; however, "[Things look] stronger than we expected in early January,” Keith R. Phillips, Dallas Fed assistant vice president and senior economist.

You can view the details of the Texas Employment Forecast by following the link.

TEF reported an 80% confidence band of 0.1-2.9 percent growth.

The forecast also estimates that 191,000 jobs will be added in the state by December 2019, with total employment reaching 12.8 million.

To see if it's a good market for multifamily fourplex investing, take a peak at our 2018 Houston Market summary: Houston Market - Q4 Trends

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