Construction tied to the natural gas and renewable energy sectors helped add to contract values in Texas, a report from the Dallas Federal Reserve found. A report last week from the bank suggested the oil-rich economy in Texas was facing headwinds because of pressure from lower crude oil prices. “Declines in energy prices early this year and continued strength in the dollar loom large on recent and future growth in the Texas economy,” Keith Phillips, Dallas Fed assistant vice president and senior economist, said in a statement. “Over the past three months there was a broad-based decrease in the leading index components suggesting weakness in the Texas economy going forward.” Labor markets, the Dallas […]