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Feb 18

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Texas Economic Outlook, February 2010

Texas Recovery is at Hand, but Clouds Remain

Wells Fargo Securities Economic Group

The drag from the U.S. and global recessions on the Texas economy appears to have abated. Most of the state’s key economic indicators have posted some improvement during recent months, even though most still remain well into negative territory on a year-to-year basis. We believe the recession ended around the middle of 2009 nationwide, and the Lone Star State appears to have turned the corner at about the same time.  The Austin Real Estate Market seems to be weathering the storm as well. Click here for more Texas Economic Outlook

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