A line graph showing the employment-to-permit ratio for January 1998 through July 2001. The left axis ranges from -0.5 to 4.0. Denver starts at 2.7 and remains fairly steady until dropping precipitously starting in April 2001, ending at -0.1. Dallas starts at 2.7, declines steadily until plateauing around 1.5 the second half of 2000, increases to 2.75 in June 2000, then declines to 1.1 by November 2001. Austin starts off at 3, peaks at 3.4 in July 1998, declines overall to 2 by May 1999, plateaus there for a year, then drops steadily to 0.3 by November 2001. Houston steadily declines from 3.25 to 0.63 from August through December 1999, then rises to 2 by the next May, where it hovers and then decreases to 1.1 by November 2001. Fort Worth starts at 3.6, steadily drops to 1.7 in May 1999, slowly increases to 2.4 by May 2000, then drops like the others to 1.3 by November 2001.