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Old 11-19-2010, 02:38 AM
 
Location: Tower of Heaven
4,023 posts, read 6,266,519 times
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[LEFT]Though Texas has matched the “sideways” pattern of economic activity that has held sway nationwide in the past six months, the state’s economy is poised to surge ahead in 2011, according to an economic report.
The report was issued Thursday by Dallas-based Comerica Bank, which has 35 Houston-area branches.
The bank’s Texas Economic Activity Index rose one point in September on a seasonally adjusted basis, to a level of 92. In the six months from April through September, the index has trended sideways, fluctuating between 90 and 92. The September reading is seven points, or eight percent, above the index cycle low of 85 reached in mid-2009.


Read more: Texas economy edges higher in September, report says | Houston Business Journal
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Old 11-23-2010, 07:02 AM
 
Location: Texas
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however a problem with foreclosures may cause a downturn

Dallas Area Foreclosures Reach Unprecedented Levels
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