Economic Index: ‘It’s Still Awesome’

Chip Gilmour

Monthly report about Lubbock economy is repetitious, but that’s a good thing

It may sound like a broken record, but the Lubbock economy keeps singing a fine song. Even though retail sales, some construction/real estate numbers dipped a bit and job growth has slowed, the Lubbock Economic Index rose a half point in April to 149, three-tenths below its record high in December and up 2.1 percent from April of last year.

“It’s like you’re making more money than you ever have before and a small piece of it drops – but overall it’s still awesome,” said Lubbock National Bank’s Chip Gilmour, who offered these four takeaways from the report.

Lubbock National Bank Senior Vice President Chip Gilmour briefs local media each month on the report.

To see the full report, click here

To see the Lubbock Avalanche-Journal story, click here

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