Monday, November 14, 2011

Texas is only exception to gloomy retail picture

New Mexico Business Weekly
Date: Friday, November 11, 2011, 8:41am MST - Last Modified: Friday, November 11, 2011, 12:13pm MST
Retail activity is fairly brisk in Houston and Austin -- and sluggish virtually everywhere else.
The two Texas markets are the only U.S. metropolitan areas that have added more than 1,000 jobs to their retail sectors since the beginning of the recession in 2007.
Two other Texas metros have managed to hold their own during that span. McAllen-Edinburg has picked up 300 retail jobs in four years, and El Paso has stayed flat.
The other 96 markets in the national top 100 have suffered declines in retail-trade employment during the past four years...
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