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Texas is the Only Leading State NOT in a Recession

Texas is THE Only Leading State NOT in a Recession

Moody's Economy.com classifies the current economic status of U.S. states and metro areas using four categories: "In Recession", "At Risk", "Recovery", or "Expansion". Texas is in Expansion - Yea!

The six month test compares the six-month moving average in the current period to the six-month moving average in the period six months ago.

For a geography to be considered "In Recession", the six month test must show it to be in contraction. Furthermore, the coincident indicator cannot have yet reached a trough. If a trough has been reached, the economy has shifted from "In Recession" to "Recovery".

If the six month test shows the geography to be in expansion, then its status is either "Expansion" or "At Risk". The economy is only in "Expansion" when the coincident indicator has yet to reach a peak. If it appears that a local peak may have been reached and the coincident indicator is increasing but at a decreasing rate, then the economy is placed "At Risk".

Texas Expansion

  • Abilene, TX Metropolitan Statistical Area Expansion
  • Austin-Round Rock, TX Metropolitan Statistical Area Expansion
  • Brownsville-Harlingen, TX Metropolitan Statistical Area Expansion
  • College Station-Bryan, TX Metropolitan Statistical Area Expansion
  • Corpus Christi, TX Metropolitan Statistical Area Expansion
  • Dallas-Plano-Irving, TX Metropolitan Division Expansion
  • El Paso, TX Metropolitan Statistical Area Expansion
  • Fort Worth-Arlington, TX Metropolitan Division Expansion
  • Houston-Sugar Land-Baytown, TX Metropolitan Statistical Area Expansion
  • Laredo, TX Metropolitan Statistical Area Expansion
  • Lubbock, TX Metropolitan Statistical Area Expansion
  • McAllen-Edinburg-Mission, TX Metropolitan Statistical Area Expansion
  • Midland, TX Metropolitan Statistical Area Expansion
  • Odessa, TX Metropolitan Statistical Area Expansion
  • San Antonio, TX Metropolitan Statistical Area Expansion
  • Sherman-Denison, TX Metropolitan Statistical Area Expansion
  • Texarkana, TX-Texarkana, AR Metropolitan Statistical Area Expansion
  • Tyler, TX Metropolitan Statistical Area Expansion
  • Victoria, TX Metropolitan Statistical Area Expansion
the bold areas directly affect the Texas coastal markets
This is a good indicator that with our steady growth and affordable property values, that our real estate markets are also in great shape  for the future.

The Texas coast has taken a drop in sales from a rare sequence of hurricane issues, but the end result of these will be better built coastal properties and stronger building codes which prevent much of the loss issues in the future - and with an improved appearance from all the new and remodeled housing products.

For the short term, we have some mess to clean up, but for the long run, it will be that much better - than the already new and modern development in progress was making it.

Don't give up on the Texas coast, come now and get the most on the coast!

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