Economist Predicts Bright Future for State Economy

By: Mike George Email
By: Mike George Email

While the U.S. economy is gradually improving, Texas is in the lead when it comes to the housing market and job growth.

Texas economist Ray Perryman says the state began to see the number of jobs increase during the last half of 2009, long before the rest of the country.

Most of the job growth in Texas this year has come from businesses hiring instead of "temporary government jobs" that are accounting for positive signs around the rest of the nation.

Perryman also says the state's housing market has weathered any real drop in property values.

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