Marcus Hiles - Understanding the Value of Texas Profit- Generating Economy
Marcus Hiles – Understanding the Value of Texas Profit- Generating Economy

Based in Texas, the CEO of Western Rim Property Services Marcus Hiles proudly talks about the Lone Star State’s stimulating policies that boosted a steady job creation better than anywhere else in the United States. In fact, Texas has been extremely successful in its post-recession job recovery and was more than two years ahead of the entire nation. By January 2016, more than 1.3 million jobs were added to its pre-recession employment records. Since unemployment has always been lower in Texas than elsewhere across the United States, reaching only 4.4 percent in April while the nationwide rate was 5 percent, consumer confidence, consequently, has been solid. Texas’s May Consumer Confidence Index (CCI), which assesses economic optimism by looking at individual savings and spending choices, was 117.6 as opposed to the overall U.S. CCI rating of 92.6. Texas sturdy economy has seen over $5 billion in remarkable tax cuts over years, which, in turn, has also bolstered the real estate market. Houses have seen a rise in price by 5.9 percent, by year-over-year estimations, while the amount of single-family premises increased by 6 percent.

Read More: http://markets.ask.com/ask/news/read/32357697

Marcus Hiles – Understanding the Value of Texas Profit- Generating Economy

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