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Politics : Formerly About Advanced Micro Devices
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To: Brumar89 who wrote (619972)7/18/2011 5:58:38 PM
From: tejek  Read Replies (1) of 1576867
 
Comparing the rate of job growth of Texas to the U.S. and to other states is one of the simplest and most informative comparisons. However, growth rates alone do not tell us how much Texas is contributing to national growth. One option is calculating what U.S. job growth would be without Texas. For example, through May 2011, year-to-date annualized Texas job growth was 2.34 percent, and annualized U.S. job growth was 1.45 percent. Without the Texas gains, annualized U.S. job growth would have been 1.26 percent (Table 1).

Kudos to TX on its job growth but I find it a bit awkward that the Dallas Fed would figure out what US growth would be without including TX's growth. First time I've seen them do that. Interesting how its the TX fed.
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