1. Energy Sector Boom
- Oil Production: Record high U.S. oil output (13.46M bpd), with Texas contributing 5.86M bpd.
- Challenges: Low natural gas prices strain small firms’ cash flows.
2. Job Market Update
- Job Growth: Projected 1.6% increase (230,000 jobs in 2024).
- November Slowdown: Only 10,000 new jobs added.
3. Real Estate Trends
- Housing Market: Prices stabilizing; regional fluctuations expected.
- Top Investment Spot: Dallas-Fort Worth ranked #1 in the U.S.
4. Legislative Changes
- Property Tax Relief: New law boosts disposable income.
- Vehicle Inspections: Safety checks eliminated for non-commercial vehicles.
5. Financial Sector Rise
- Emerging Hub: Dallas becoming a key financial center.
- TXSE Launch: Texas Stock Exchange to open late 2025.