Economic Outlook For Renters Of
In October 2002, total nonfarm employment for the 6-county Dallas metropolitan area was down slightly compared to a year ago, but showed an increase of 10,200 jobs over July 2002. Most of the 12-month job loss occurred in construction, manufacturing, transportation and public utilities, wholesale/retail trade, and financial sector. Employment gains were in services and government. The area’s unemployment rate--7.5 in June of this year--had a significant drop to 6.5 in October.
In recent years the Dallas area’s most important economic sectors have been service industries, followed by manufacturing, especially in such high-tech fields as computers, biomedical, electronics, and telecommunications. It is one of the state’s top tourist destinations. Largest employers include AMR (American Airlines), Texas Instruments, Lockheed, EDS Corporation, Kroger, and the U.S. Postal Service. Trade of course has become increasingly important as a result of NAFTA. The area is served by an excellent network of railroads and highways, and by the Dallas-Fort Worth International Airport. Dallas and Houston have the highest per capital incomes of any of the state’s metro areas.
Visit the website of our local Dallas apartment locating expert.
Links To Great Web Sites!
These United States - Resources and Related Information for Texas.
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