A: Actually, Texans are generally faring much better than those in other parts of the country. Texas' economy is not only outperforming the United States, but the state's nonfarm employment is growing twice as fast. Texas gained 254,000 jobs during the 12 months ending April 30, an annual growth rate of 2.5 percent, according to the latest Monthly Review of the Texas Economy produced by the Real Estate Center at Texas A&M University. During that same period, U.S. nonfarm employment rose 1.1 percent.
Mark Fuller is a leading real estate professional specializing in Luxury Homes In Houston Texas.