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Texas economic growth moderate so far in 2011
Austin Business Journal - by Barrett Goldsmith, Houston Business Journal
Date: Thursday, March 3, 2011, 9:15am CST of 2011, fueled by continued strength in the energy sector that led to an
uptick in demand for staffing services, according to the latest Federal
Reserve Bank of Dallas Beige Book report. The report, released March 2, said the manufacturing and non-financial
services sectors mostly saw gains, and that the commercial real estate
market improved slightly. However, the housing market remained sluggish, and
severe weather dampened a retail sector that was otherwise flat or slightly
improved. The labor picture was slightly brighter. Some companies in accounting,
sales, legal services and energy services said they would expand their
payrolls in 2011. Wage pressures were minimal, with the exception of some
high-skilled positions. As for the energy sector, the Dallas Fed said drilling activity remains
strong and that it has shifted away from natural gas and toward oil-directed
drilling. But it said unconventional shale plays are the dominant factor
driving U.S. activity. The rig count in the Gulf of Mexico edged up slightly
during the reporting period. Intermodal transportation companies, which ship goods and materials via
multiple methods, reported declined cargo volumes thanks to weaker
international demand. Small-parcel shipments grew, as did railroad shipments
and container trade volume. The commercial real estate sector sees an overall recovery beginning, but
the report said that recovery was still "fragile." Anne ANNE JOHNSON-CHEVERERE Realtor(r) 512-917-5260 Cell 512-328-5151 Office 512-328-0404 Fax Follow me on LinkedIn Twitter Facebook
HookemHomes.com RE/MAX Austin Skyline 4611 Bee Caves Rd., Suite 200 Austin, Texas 78746 annejohnson@austin.rr.com anne@HookemHomes.com Google The finest compliment I can ever receive is your referral. Please remember
me when your friends, family, and co-workers are thinking about buying or
selling residential and investment real estate.
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ask the sender of the message to disinfect their original version and send
you a clean copy. At Fri Mar 4 13:11:06 2011 the scanner said:
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Austin Business Journal - by Barrett Goldsmith, Houston Business Journal
Date: Thursday, March 3, 2011, 9:15am CST of 2011, fueled by continued strength in the energy sector that led to an
uptick in demand for staffing services, according to the latest Federal
Reserve Bank of Dallas Beige Book report. The report, released March 2, said the manufacturing and non-financial
services sectors mostly saw gains, and that the commercial real estate
market improved slightly. However, the housing market remained sluggish, and
severe weather dampened a retail sector that was otherwise flat or slightly
improved. The labor picture was slightly brighter. Some companies in accounting,
sales, legal services and energy services said they would expand their
payrolls in 2011. Wage pressures were minimal, with the exception of some
high-skilled positions. As for the energy sector, the Dallas Fed said drilling activity remains
strong and that it has shifted away from natural gas and toward oil-directed
drilling. But it said unconventional shale plays are the dominant factor
driving U.S. activity. The rig count in the Gulf of Mexico edged up slightly
during the reporting period. Intermodal transportation companies, which ship goods and materials via
multiple methods, reported declined cargo volumes thanks to weaker
international demand. Small-parcel shipments grew, as did railroad shipments
and container trade volume. The commercial real estate sector sees an overall recovery beginning, but
the report said that recovery was still "fragile." Anne ANNE JOHNSON-CHEVERERE Realtor(r) 512-917-5260 Cell 512-328-5151 Office 512-328-0404 Fax Follow me on LinkedIn Twitter Facebook
HookemHomes.com RE/MAX Austin Skyline 4611 Bee Caves Rd., Suite 200 Austin, Texas 78746 annejohnson@austin.rr.com anne@HookemHomes.com Google The finest compliment I can ever receive is your referral. Please remember
me when your friends, family, and co-workers are thinking about buying or
selling residential and investment real estate.
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