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Waco is booming! Chamber of Commerce says economic index hit an all-time high

The Chamber of Commerce said Waco continues to flourish. When it comes to retail spending, hotel, motel stays, home sales, and employment, it has improved by 2.3%.

WACO, Texas — The Waco Chamber of Commerce released an economic development update that says its economic index has hit an all-time high.

The Chamber of Commerce said Waco continues to flourish. When it comes to retail spending, hotel/motel stays, home sales, and employment, it has improved by 2.3% over April 2018. 

Earlier this year, the Waco Chamber of Commerce said tourism in Waco not only increased but quadrupled. 

Retail spending increased by 7.2%, while hotel and motel stays increased by 21.4%. In 12 months, hotel occupancy has averaged at about 73%. 

The Chamber said there is still a strong housing demand in the area as well. Home sales have increased by 20.2% compared to last year.

When it comes to employment, the Chamber said job creation remains robust. In about a 12-month period, 1,900 new jobs were added. 

For more information, visit the Waco Chamber of Commerce website.

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