Economic Indicators

Key Reference Points for Understanding the Dallas-Fort Worth Economy

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Top Line Indicators for the Dallas Region

Unemployment Rate*
April 2020

12.8%

No precedent exists for this single monthly jump from 4.3% in March. The Texas rate is also 12.8%.
*Source: TWC, preliminary, not seasonally adjusted
Number of Unemployed*
April 2020

470,100

Increase of 286,200 newly unemployed persons from March. Increase of 321% over April 2019.
*Source: TWC, preliminary, not seasonally adjusted
Unemployment Insurance Claims*
March 1,2020-May 9, 2020

447,896

Increase of 1,220% over the same period last year. Weekly claims are averaging 44,800 compared with 3,400 in 2019.
*Source: TWC, latest available data by county, aggregated to region

ECONOMY IN BRIEF

The Dallas Regional Chamber’s “Economy in Brief: Indicators for the Dallas Region,” presented by Bank of America, offers easily digestible insights into our economic landscape. The data points and analysis tools allow our business community to make informed decisions based on trends. Our reporting also measures the impact of COVID-19 on our economy. To obtain the latest version of the Economy in Brief, please fill out the form below and click download.

LATEST ECONOMY IN BRIEF SUMMARY – May 13, 2020 – The Dallas Region added more than 86,000 new jobs in March, maintaining its status as the top U.S. location for job creation for the seventh month in a row, according to the inaugural DRC report. However, a timelier measure, initial unemployment insurance (UI) claims, indicates that the true employment situation is changing with unprecedented speed. Read More

 

COVID-19 BASELINE INDICATORS

The DRC’s “COVID-19 Pandemic Baseline Indicators Report” highlights key community indicators and high-risk factors to consider as we deal with the global health crisis. The interactive report provides a snapshot of Dallas Region conditions prior to the outbreak to help guide our planning for eventual economic recovery.

 

REGIONAL ECONOMIC DEVELOPMENT GUIDE

Looking to better understand the people, companies, and industries that make up the Dallas Region? Use the the DRC’s Regional Economic Development Guide to get the complete picture. This guide is full of easily digestible information that will help you make informed decision about what’s here and where to grow.

View the guide.

DRC RESEARCH TEAM

The DRC maintains a robust and dynamic research program that is a recognized voice for the Dallas Region’s business community. Our goal is to ensure that DRC leaders, the larger business community, and other decision makers readily have access to information resources that support economic development, education and workforce, talent attraction, and public policy.

DRC members receive exclusive access to the research team, who talk with members to learn about data and presentation needs to help craft a story. Members may contact the research team at research@dallaschamber.org. If you are not a member, learn more about joining the DRC.