Amarillo National Bank Releases Economic Analysis
Amarillo National Bank has released their November Economic Analysis. They have assessed that Amarillo economy is facing interesting time as Data Center Construction and Cattle Prices help raise the Economic Pulse even as housing and agriculture commodities are lower. Retail sales are up 12% from a year ago and up 4% for the year. New Car Sales are up 32% and Used Car Sales at up 48% from a year ago. Mortgage Rates are down, Construction is steady and the hot talk is about the Data Centers being built, Housing starts are up 60% from a year ago and Housing prices are up a little. Oil Prices are down 13% from a year ago and Feed Yards are Profitable. For more information go to anb.com.