Locator: 48851NYC.
Chart of the day, link here.
Texas: look at this from RBN Energy today --
Odds are there’s never been a busier, more frantic time for natural-gas-related infrastructure development in Texas and Louisiana than right now.
Construction is underway or imminent at no fewer than seven Gulf Coast LNG export terminals with a combined capacity of 16 Bcf/d.
Now, look at this out of New York City. Can you even see the bar for 1H25?
From the linked NY Times article:
Employers in New York City significantly reduced hiring in the first half of the year, adding just 956 private-sector jobs, the city’s slowest growth in payrolls outside a recession in decades.
During the same period last year, companies in the city hired 66,000 additional workers. But companies have since slowed their hiring, and major industries that fuel New York’s economy — finance and insurance; hospitality; and retail — have shed jobs.
Around the country, the labor market has started showing cracks as the effects of President Trump’s economic policies begin to settle in. Other large cities have also seen sluggish job growth, with metro areas like Los Angeles, San Francisco and San Jose all losing a small number of jobs so far this year.
“The New York City economy has gone sideways so far this year,” said Mark Zandi, the chief economist of Moody’s Analytics. “New York is a leading indicator, and the flattening of employment is now showing up nationally.”
