Marcus Hiles – Texas Outpaces the Nation for Job Growth

Marcus Hiles -  Texas Outpaces the Nation for Job Growth
Marcus Hiles – Texas Outpaces the Nation for Job Growth

Marcus Hiles, a Dallas-based entrepreneur and founder of Western Rim Property Services, highlights that Texas policies have been an unmatched incentive for job growth that outpaces the rest of the U.S. The state take pride reaching post-recession job recovery two years earlier than the entire nation. It had seen over 1.3 million new jobs by January 2016, further solidifying its already impressive pre-recession employment records. Due to the fact that the state has always been unique in that its unemployment rate is persistently less than in the country as a whole – Texas hit 4.4 percent in April whereas the rest of the United States reported the unemployment rate of 5 percent, collectively- consumer confidence has been consistently strong. The 2016 May Consumer Confidence Index (CCI), which determines economic optimism, per savings and spending indicators, revealed Texas reached its record peak of 117.6. Meanwhile, the overall U.S. CCI constituted the total of 92.6. Texas sustainably strong economy – appreciated by additional $5 billion in tax reduction in recent years – had a rewarding benefit for the housing industry as well. The year-over-year price of houses has gone up to enjoy a 5.9-percent growth, while single-family building permits grew in number by another 6 percent.

Read More: http://media.mwnewsroom.com/Dallas-Morning-News/-2065713

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