Texas recovered from the recession with job gains two years sooner than the rest of the country. By January 2016 1.3 million jobs had been created since the pre-recession employment peak. Marcus Hiles, experienced property developer in the area, notes that the Texas Consumer Confidence Index (CCI), that calculates economic optimism through budgeting and spending habits is seeing increasing gains over the rest of the U.S. The growth in the financial stability in Texas has resulted in a dramatic surge in housing sales and local communities. The price of real estate increased by 5.9 percent over previous years.