Record Low Unemployment in Texas at 3.4%

Record Low Unemployment in Texas at 3.4%

The Texas Workforce Commission recently reported that the Texas seasonally adjusted unemployment rate was 3.4 percent in November 2019. This marks the sixth consecutive month of record-low unemployment in Texas and the lowest unemployment rate since tracking began in...
New Home Sales Are Up 40.6% in the South

New Home Sales Are Up 40.6% in the South

A recent headline in Houston Agent Magazine highlighted the growth in new home sales the South has seen year-over-year. The story cited data reported by the U.S. Census Bureau and the Department of Housing and Urban Development. Nationally new home sales (adjusted...
Construction Job Gains Fueled by Housing Demand

Construction Job Gains Fueled by Housing Demand

A recent story in the National Association Home Builders (NAHB) Eye on Housing cited Texas for leading the nation in construction sector job growth last month. Low housing inventory and high demand promote hiring as homebuilders work to fill the gap. “Year-over-year,...