REDNews January 2015 - Southeast Cover January 2015 | Page 10

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TEXAS WILL OUTPACE THE NATION

2015 ECONOMIC FORECAST

www.texasceomagazine.com
TEXAS CEO MAGAZINE

Yücel sees the likelihood of ending 2014
at a 3.5 percent emSenior VP/Director of Research , FRB of Dallas ployment growth rate
for Texas while the U.S. rate is forecast to finish up
1.9 percent. Yücel spoke in both Dallas and Austin,
and Anil Kumar, Senior Research Economist and Advisor, shared his observations and statistics in both
Houston and San Antonio. The forecast events were
held at the Federal Reserve Bank of Dallas, the FRB
Houston Branch, the FRB San Antonio Branch, and
at the AT&T Conference Center in Austin. Collaborators for the 2015 Forecast events were
Texas CEO Magazine, Texas Enterprise and
the McCombs Alumni Network.
The following are excerpts of Texas CEO MagaThe following are excerpts of Texas CEO Magazine’s full recap of this informative event which took
zine’s full recap of this informative event which took
place in Dallas, Houston, Austin and San Antonio in
place in Dallas, Houston, Austin and San Antonio
November 2014. For the full article, please go to
in November 2014. For the full article, please go
www.texasceomagazine.com
to www.texasceomagazine.com

Energy

bor shortage that will slow our growth rate.

With Texas the number one producer of oil & gas
in the nation, Yücel reminded everyone, “We don’t
only produce oil, we supply the world with oil & gas
services with one-quarter of U.S. refining capacity
and 60 percent of the petrochemical capacity based
in Texas.”

Housi