The Brief
A new report from the Federal Reserve Bank of Dallas indicates that job growth in Texas slowed in June.
The state's construction sector has been particularly impacted, with contract values declining by nearly 30% since January.
Tariffs and general economic uncertainty are cited as key factors, affecting business planning and project costs for builders.
DALLAS - Texas employment and job growth slowed in June, according to a new report from the Federal Reserve Bank of Dallas. The report also says tariffs and other factors are having a noticeable impact on construction projects in the state.
Aside from job growth falling, the Dallas Fed says while we see a bunch of cranes in the sky, construction contract values have declined nearly 30 percent since January.
What we know:
U