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Additional Analysis: Overall, the region is showing improvement in 1st Qtr. 2012, over 4th Qtr. 2011, and 1st Qtr. 2011. The Federal Reserve Bank of Dallas Regional Economic Update for March 19, 2012, indicates the economy is improving, and noted Manufacturing is on the rise. Note on Civilian Labor Force and Unemployment Rate Since the 1st Qtr. 2011, the Civilian Labor Force has seen steady increases, and starting in the 2nd Qtr., it has increased from 93,888 to 95,686 in 1st Qtr. 2012. Starting in the 2nd Qtr. 2011, the Unemployment Rate has decreased from 8.8% to 7% in 1st Qtr. 2012. To put this in perspective, 8.8% of 93,888 would be approximately 8,262 unemployed persons in 2nd Qtr. 2011, and 7% of 95,686 would be approximately 6,698 unemployed persons in 1st Qtr. 2012. Note on Sales Tax Allocations The baseline report dated March 22, 2012 did not include 0.5 cent Sales Tax Allocations from Cooke and Fannin County. Those have now been included in the report, and the Sales Tax Allocations reflect that change. Note on Hotel/Motel Taxable Sales The 3rd and 4th Qtrs. Of 2011, and the 1st Qtr. 2012 represent the highest numbers since at least 2006. If this trend continues, and Hotel / Motel Taxable Sales follow their normal pattern, tourism for this summer will be the best it has been in the last several years. Note on Foreclosures 1st Qtr. 2012 foreclosures were down from last year. However, 2nd quarter 2012 data is already available, and the region experienced a spike in May, 2012. This tapered back off in June, but its still up slightly. According to a Dallas Business Journal Article titled, Tide of bankruptcy filings could rise again, Texas attorneys say, by Tricia Lynn Silva, dated July 2: Over the past few years, for example, many banks have taken an amend and extend approach with loans in hopes that the economy would bounce back fairly quickly, says Sylvia Mayer, a partner in Wei Gotshals business finance and restructuring division in Houston. But, that trend is coming to an end and that could prompt an uptick in Chapter 11 filings, Mayer and other attorneys say. This rise in foreclosures could be related to that change in approach. Future Releases: The Texoma Regional Economic Dashboard will be released in two formats, a quarterly report that will contain analysis of indicators available on a quarterly basis at minimum, and an annual report that will contain analysis of the quarterly indicators and additional indicators available on an annual basis at minimum.