The Dallas Federal Reserve has revised its estimate of job growth in Texas from 1.8% to 2.4% between September 2004 and September 2005.  That mean that 57,000 more jobs were created.  The estimate is considerably higher than the 1.5% estimated by the Texas Workforce Commission and the Bureau of Labor Statistics which usually make up or down revisions in March of next year.  The Fed has generally proven a good indicator of where the Workforce Commission numbers will wind up.  Currently the Workforce Commission puts Dallas area job growth at 1.2% versus the Fed's estimate of 1.8%.  The Workforce Commission put Fort Worth area job growth at 1.8% while the Fed places it at 2.5%.

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