ICYMI: Dallas Federal Reserve CEO Praises Texas Economy
Richard Fisher, president and CEO of the Federal Reserve Bank of Dallas, yesterday praised the economic successes of the Lone Star State in his annual update on the Texas economy.
"Above all, Texas is a state of mind where people are ready to work and get things done for the betterment of their families, communities, cities and beyond," Fisher said. "We should be proud, indeed, to call the Lone Star State our home."
Fisher emphasized that for the past 23 years, Texas has outpaced the nation in job creation by a factor of more than 2-to-1, and employment growth in the state has remained highly diverse across various industries in all income categories. In addition, export growth has increased more than 70 percent since the beginning of 2009.
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