The June 27, 2014 Comptroller’s Weekly Economic Outlook provides evidence that Texas will continue to lead the economy.
People are finding jobs and buying homes at an increasing rate. Alongside reports of continued job growth, oil and natural gas production, and consumer confidence, the housing market is seeing positive growth. According to the report over 8500 building permits for single-family homes were issued in May in Texas. There has been a 9 percent increase in permits in the past 12 months compared to the year ending May 2013.