FORT WORTH, Texas (AP) — Steady growth in consumer spending, spurred by increasing disposable income and job creation, has helped fuel the Texas economy over the last 15 years, according to a new report by the U.S. Commerce Department’s Bureau of Economic Analysis.
The government released Thursday its inaugural report analyzing consumer spending data by state, which reveals the nation’s uneven recovery from the Great Recession. The report considers data from the calendar years 1997 through 2012.
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