Economic index numbers for November released - KCBD NewsChannel 11 Lubbock

12/29/09

Economic index numbers for November released

LUBBOCK, TX (KCBD) - Good news and bad news for the Lubbock economy. Lubbock National Bank with the Lubbock Economic Development Alliance released the economic index numbers for November. 

For the first time in over a year, the number stayed the same - no incline or decline. That's good news. But the bad news is local economists say it's too early to say that Lubbock is out of a recession, because consumer spending and the unemployment rate are still not where they should be.

They say the unchanging index number can almost totally be attributed to the housing sector.

©2009 KCBD NewsChannel 11. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

  • Local News on KCBD.comNewsMore>>

  • Goodell, union, players to meet on social issues and anthem

    Goodell, union, players to meet on social issues and anthem

    Monday, October 16 2017 4:20 PM EDT2017-10-16 20:20:07 GMT
    Tuesday, October 17 2017 2:12 AM EDT2017-10-17 06:12:58 GMT

    Goodell, team owners, union, players to meet on social issues and anthem on Tuesday.

    Goodell, team owners, union, players to meet on social issues and anthem on Tuesday.

  • Trump's claim about predecessors, fallen troops disputed

    Trump's claim about predecessors, fallen troops disputed

    Tuesday, October 17 2017 3:30 AM EDT2017-10-17 07:30:22 GMT
    Tuesday, October 17 2017 9:22 AM EDT2017-10-17 13:22:53 GMT

    Trump stirs a nest by claiming predecessors did not sufficiently honor military dead, draws heated responses.

    Trump stirs a nest by claiming predecessors did not sufficiently honor military dead, draws heated responses.

  • Californians brace for emotional toll from wildfires

    Californians brace for emotional toll from wildfires

    Tuesday, October 17 2017 3:10 AM EDT2017-10-17 07:10:50 GMT
    Tuesday, October 17 2017 9:11 AM EDT2017-10-17 13:11:54 GMT

    The fires, the deadliest cluster in California history, have killed at least 41 people and destroyed nearly 6,000 homes.

    The fires, the deadliest cluster in California history, have killed at least 41 people and destroyed nearly 6,000 homes.

Powered by Frankly