Dallas-Fort Worth Area Economic Summary Updated September 03, 2021 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 nation and selected Average weekly wages for all industries by county areas Dallas-Fort Worth area, first quarter 2021 (U.S. = $1,289; Area = $1,369) Unemployment rates
10.5 United States 5.7
Dallas-Fort Worth 8.8 area 5.3
7.7 Collin Co. 4.5
9.7 Dallas Co. 5.8
8.0 Denton Co. 4.6
9.2 Tarrant Co. 5.6
0.0 4.0 8.0 12.0 Jul-20 Jul-21 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 Change from Jul. 12-month percent changes in employment Dallas-Fort Worth area employment Jul. 2021 2020 to Jul. 2021 16.0 (number in thousands) Dallas-Fort Worth area Number Percent 12.0 United States Total nonfarm 3,793.7 211.1 5.9 8.0 Mining, logging, and construction 217.7 1.0 0.5 4.0 Manufacturing 284.9 6.3 2.3 0.0 Trade, transportation, and utilities 823.2 36.9 4.7 Information 80.3 3.2 4.2 -4.0 Financial activities 333.2 10.9 3.4 -8.0 Professional and business services 669.0 52.1 8.4 -12.0 Education and health services 450.5 11.8 2.7 -16.0 Leisure and hospitality 381.5 66.9 21.3 Jul-18 Jul-19 Jul-20 Jul-21 Other services 121.7 11.7 10.6 Government 431.7 10.3 2.4 Source: U.S. BLS, Current Employment Statistics. Source: U.S. BLS, Current Employment Statistics. Over-the-year change in the prices paid by urban Over-the-year changes in the selling prices received by consumers for selected categories producers for selected industries nationwide
12-month percent change in CPI-U, July 2021 12-month percent changes in PPI 25.0 23.8 24.0 22.3 General freight trucking 18.0 Hospitals Dallas-Fort Worth area 20.0 Air transportation U.S. city average 12.0 15.0 6.0 0.0 10.0 -6.0 5.6 5.4 5.0 3.8 3.4 -12.0 -18.0 0.0 -24.0 All items Food Energy Jul-18 Jul-19 Jul-20 Jul-21 Source: U.S. BLS, Consumer Price Index. Source: U.S. BLS, Producer Price Index.
Average annual spending and percent distribution Average hourly wages for selected occupations for selected categories Dallas-Fort United Occupation Dallas area average annual expenditures, 2018-19 Worth area States All occupations $27.01 $27.07
All other Human resources managers 65.23 64.70 items $10,220 Accountants and auditors 40.31 39.26 15.3% Housing Healthcare $25,150 $5,734 8.6% 37.6% Registered nurses 37.50 38.47
Construction laborers 17.39 20.67 Personal Trans- insurance & portation pensions Food Retail salespersons 14.22 14.87 $7,651 $10,472 $7,739 15.6% 11.6% 11.4% Total: Cooks, fast food 10.38 11.68 $66,966 Source: U.S. BLS, Consumer Expenditure Survey. Source: U.S. BLS, Occupational Employment and Wage Statistics, May 2020.
Employer costs per hour worked for wages and Over-the-year changes in wages and salaries selected employee benefits by geographic division 12-month percent changes in ECI Private industry, West South United March 2021 Central (1) States 4.0 Total compensation $31.35 $36.64 Wages and salaries 22.82 25.80 3.0 Total benefits 8.53 10.83 Paid leave 2.13 2.72 2.0 Vacation 1.06 1.39 Supplemental pay 1.25 1.27 Insurance 2.01 2.83 1.0 Retirement and savings 0.84 1.25 Dallas-Fort Worth area United States Legally required benefits 2.30 2.77 0.0 (1) The states that compose the West South Central census division are: AR, Jun-18 Jun-19 Jun-20 Jun-21 LA, OK, and TX. Source: U.S. BLS, Employer Costs for Employee Compensation. Source: U.S. BLS, Employment Cost Index.
Southwest Information Office • [email protected] • https://www.bls.gov/regions/southwest • 972-850-4800