{"id":364523,"date":"2026-07-07T22:08:21","date_gmt":"2026-07-07T22:08:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/364523\/"},"modified":"2026-07-07T22:08:21","modified_gmt":"2026-07-07T22:08:21","slug":"fort-worth-sees-broad-jobs-growth-dallas-fed-data-shows","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/364523\/","title":{"rendered":"Fort Worth sees broad jobs growth, Dallas Fed data shows"},"content":{"rendered":"<p><img alt=\"Mayor Mattie Parker speaks during the State of the City on Thursday, Oct. 16, 2025, in Fort Worth. \u201cHonestly, it comes with significant responsibility,\u201d Parker said last fall during a State of the City address, after the city reached 1 million residents. A report released Monday by the Dallas Fed shows Fort Worth jobs grew at over 3% for the three months that ended in May, beating Texas' growth rate.\" loading=\"eager\" fetchpriority=\"high\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>Mayor Mattie Parker speaks during the State of the City on Thursday, Oct. 16, 2025, in Fort Worth. \u201cHonestly, it comes with significant responsibility,\u201d Parker said last fall during a State of the City address, after the city reached 1 million residents. A report released Monday by the Dallas Fed shows Fort Worth jobs grew at over 3% for the three months that ended in May, beating Texas&#8217; growth rate.<\/p>\n<p>Christine Vo\/Staff Photographer<\/p>\n<p>For the three months ending in May, the Fort Worth area added jobs at an annualized rate of 3.4%, easily outpacing the state\u2019s 2.4% average over the same period, according to <a href=\"https:\/\/www.dallasfed.org\/research\/indicators\/ftw\/2026\/ftw2601\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">a report released Monday<\/a> by the Dallas Fed.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn-channels-pixel.ex.co\/events\/0012000001fxZm9AAE?integrationType=DEFAULT&amp;template=design%2Farticle%2Fplatypus_two_column.tpl\" alt=\"\" class=\"x1px y1px vh abs\" aria-hidden=\"true\" width=\"1\" height=\"1\"\/><\/p>\n<p>The local job gains cooled in May compared to the two previous months, but the new data still amounts to another shot in the arm for one of the country\u2019s most notable metro area success stories. Recent census data showed that Fort Worth proper added nearly 20,000 residents between July 2024 and July 2025, for <a href=\"https:\/\/www.google.com\/url?q=https:\/\/www.dallasnews.com\/business\/article\/d-fw-dominates-fastest-growing-cities-list-22257686.php&amp;sa=D&amp;source=docs&amp;ust=1783453931621870&amp;usg=AOvVaw39XwO4w2cUcY4ZKrn2V3e_\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">a new population of 1.03 million<\/a>, ranking it as the country\u2019s 10th most populous city and among the fastest growing large cities.\u00a0<\/p>\n<p>Tarrant County has also been growing rapidly, and for years the Fort Worth metro area \u2014 home to notable aerospace and healthcare industries as well as a burgeoning entertainment industry <a href=\"https:\/\/www.dallasnews.com\/business\/2025\/10\/17\/fort-worths-landman-effect-mayor-touts-film-industry-as-citys-next-big-thing\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">largely tied to\u00a0Landman\u00a0creator Taylor Sheridan<\/a> \u2014 has ranked among the country\u2019s fastest growing local economies.\u00a0<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>\u201cFort Worth has experienced a surge of population and economic growth, broadening its economic base while maintaining its unique strengths in energy, transportation and distribution, and manufacturing,\u201d Pia Orrenius, a senior economist at the Dallas Fed, said in a statement.\u00a0<\/p>\n<p>Related: <a href=\"https:\/\/www.dallasnews.com\/business\/jobs\/article\/usda-moves-rural-development-roles-new-d-fw-hub-22311431.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">USDA moving jobs from D.C. to North Texas<\/a><\/p>\n<p>Because of the metro area\u2019s recent growth, the regional bank is now tracking Fort Worth\u2019s economy separately from Dallas\u2019, noted bank representative Jon\u00a0Prior. Along with reports for the Texas economy as a whole, the Dallas Fed regularly publishes reports on the state\u2019s energy industry and various geographic regions, including Houston, Austin and the Rio Grande Valley, and will now add reports for Fort Worth.<\/p>\n<p>Prolonged explosive growth also comes with its own issues \u2014 Orrenius noted Fort Worth\u2019s \u201crapid rise in home prices\u201d \u2014 which local political leaders, while routinely celebrating the region\u2019s success, have also acknowledged.\u00a0<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>\u201cHonestly, it comes with significant responsibility,\u201d Fort Worth Mayor Mattie Parker said last fall during a State of the City address, after the city reached 1 million residents. \u201cThis is our defining moment of growth and opportunity.\u201d Along with economic and workforce development, Parker has also often emphasized City Hall initiatives on public safety, local parks and education. \u00a0 \u00a0<\/p>\n<p>The latest Dallas Fed data, which also includes Arlington, showed the region\u2019s recent economic growth was broad. While total nonfarm employment in the area grew by 3.4% over the three months ending in May, over the same period other sectors \u2014 professional and business services, leisure and hospitality and trade, transportation and utilities \u2014 grew at around 6%. Other sectors, including education and health services and construction and mining, grew at a slower rate, while information and manufacturing experienced job losses.\u00a0<\/p>\n<p>Related: <a href=\"https:\/\/www.dallasnews.com\/business\/jobs\/article\/d-fw-among-nation-s-best-tech-job-postings-22295862.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">An emerging tech hub? North Texas ranks among country\u2019s hottest metros for tech job postings, report shows<\/a><\/p>\n<p>In May, overall employment rose by an annualized 1.6%, while Texas employment rose by an annualized 1.2%. The metro area\u2019s unemployment rate for the month was 4%, lower than Texas\u2019 4.3% rate, while the area\u2019s average hourly wage was $37.23, up around $1.25 from a year earlier. Both the wage figure and year-over-year wage increase were slightly higher than those for Texas.\u00a0<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>Housing demand in the Fort Worth area softened slightly in May \u2014 existing home sales were down slightly from a month prior, and the median sales price was narrowly down from a year prior\u2014 but in the longer run local housing prices have soared. At the beginning of 2017, according to MLS data cited by the Dallas Fed, the median sales price in the region was just over $200,000. In May it was $355,000.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Mayor Mattie Parker speaks during the State of the City on Thursday, Oct. 16, 2025, in Fort Worth.&hellip;\n","protected":false},"author":2,"featured_media":281302,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[732,116,118,117,88643],"class_list":["post-364523","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-worth","tag-article","tag-fort-worth","tag-fort-worth-headlines","tag-fort-worth-news","tag-tp-fort-worth"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/364523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=364523"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/364523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/281302"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=364523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=364523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=364523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}