I should point out that the SMU CEO Sentiment Survey closed in May, long before the subprime mortgage market has shaken the trees of the local, national, and international economies. I just got the latest DBJ in the mail today (not completely available online to non-subscribers yet), and there is a less-rosy picture. In particular, noted optimist Craig Hall says of the Dallas-Fort Worth property boom, “It’s over. It’s gone. It’s done.” Seems the 33% increase in office space since the second quarter has people concerned, to say the least.
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