Dallas-Fort Worth Area Economic Summary Updated March 17, 2017 This summary presents a sampling of economic information for the area; supplemental data are provided for regions and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm. Unemployment rates for the Dallas-Fort Worth area, selected area counties, and the nation
Average weekly wages for all industries by county Dallas-Fort Worth area, 3rd quarter 2016 (U.S. = $1,027; Area = $1,130)
Unemployment rates 5.3
United States
5.1 3.8
Dallas-Fort Worth area
4.0 3.4
Collin Co.
3.7 4.0
Dallas Co.
4.2 3.4
Denton Co.
3.6 3.9
Tarrant Co.
0.0
4.1
2.0
4.0 Jan-16
6.0 Jan-17
Source: U.S. BLS, Local Area Unemployment Statistics.
Source: U.S. BLS, Quarterly Census of Employment and Wages.
Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector 12-month percent changes in employment
Dallas-Fort Worth area employment (numbers in thousands)
Percent
5.0 4.0 3.0 2.0 1.0
0.0 Jan-14
Dallas-Fort Worth area United States Jan-15
Jan-16
Source: U.S. BLS, Current Employment Statistics.
Jan-17
Total nonfarm Mining, logging, and construction Manufacturing Trade, transportation, and utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services Government
Change from Jan. Jan. 2017
2016 to Jan. 2017 Number
Percent
135.4 9.8 3.1 32.0 1.0 12.5 24.1 13.8 22.6 6.3 10.2
4.0 5.0 1.2 4.4 1.2 4.5 4.3 3.3 6.5 5.4 2.4
3,558.2 207.7 266.1 766.3 82.1 289.4 588.7 436.0 367.9 122.9 431.1
Source: U.S. BLS, Current Employment Statistics.
• www.bls.gov/ro6
Over-the-year changes in the selling prices received by producers for selected industries nationwide
Over-the-year change in the prices paid by urban consumers for selected categories 12-month percent change in CPI-U, January 2017 15.0 12.0 9.0
Percent
6.0
13.5
Dallas-Fort Worth area U.S. city average
10.8
0.0 2.7
2.5
-3.0 0.3
0.0 -3.0
General freight trucking Hospitals Air transportation
3.0
6.0 3.0
12-month percent changes in PPI
-6.0
-0.2
All Items
Food
Energy
-9.0 Feb-14
Source: U.S. BLS, Consumer Price Index.
Average annual spending and percent distribution for selected categories Dallas-Fort Worth area average annual expenditures 2014-15
Feb-15
Housing $20,976 32.8%
Healthcare $4,935 7.7% Personal insurance & pensions $7,377 11.5%
Food $8,240 12.9%
Transportation $11,306 17.7%
Total: $63,976
Employer costs per hour worked for wages and selected employee benefits by geographic division
Total compensation Wages and salaries Total benefits Paid leave Vacation Supplemental pay Insurance Retirement and savings Legally required benefits
Dallas-Fort Worth area
United States
Total, all occupations
$23.57
$23.23
Dentists, general
88.82
82.86
Compensation and benefits managers
63.97
58.48
Human resources managers
62.49
56.29
Computer systems analysts
45.44
43.36
Accountants and auditors
38.25
36.19
Registered nurses
35.04
34.14
Machinists
18.33
20.25
Customer service representatives
17.24
16.62
Medical secretaries
15.56
16.50
Retail salespersons
13.60
12.67
Construction laborers
13.50
17.57
9.09
9.43
Cooks, fast food Source: U.S. BLS, Occupational Employment Statistics, May 2015.
Source: U.S. BLS, Consumer Expenditure Survey.
Private industry, December 2016
Feb-17
Average hourly wages for selected occupations Occupation
All other $11,142 17.4%
Feb-16
Source: U.S. BLS, Producer Price Index.
West South Central (1) $29.49 21.15 8.34 1.90 0.94 1.04 2.07 1.06 2.27
(1) West South Central includes AR, LA, OK, and TX. Source: U.S. BLS, Employer Costs for Employee Compensation.
United States $32.76 22.83 9.93 2.28 1.17 1.15 2.63 1.31 2.56
Over-the-year changes in wages and salaries Percent 5.0
12-month percent changes in ECI
4.0 3.0 2.0 1.0 Dallas-Fort Worth area 0.0 Dec-13
Dec-14
Source: U.S. BLS, Employment Cost Index.
Southwest Information Office • BLSinfoDallas@bls.gov • https://www.bls.gov/regions/southwest • 972-850-4800
United States Dec-15
Dec-16