Texas Border Economy

Like last quarter, border employment grew in 3Q2024but not enough to prevent an increase in the unemployment rate. Housing sales had a worse second quarter this year than last year, and home prices increased in two of the four border metros.

Border employment grew in 2Q2024 but not enough to prevent an increase in the unemployment rate.

Employment and earnings growth are both showing signs of flattening, which isn’t helping local housing sales.