Category: Tracking The Texas Economy…

FYI: Texas Comptroller’s Weekly Economic Outlook

January 9, 2013

Job growth, sales tax collections — both from business and consumer purchases — as well as automobile sales, signal that the Texas economy has emerged from the recent recession. Another indicator that the state’s economy has been comparatively healthy was the U.S. Census Bureau report that Texas added more people (421,000) than any other state […]

Eagle Ford area expected to benefit from nearly $30 billion in capital expenditures in 2013

December 12, 2012

The Eagle Ford Shale oil and gas play is expected to continue to have a significant economic impact on roughly two-dozen South Texas counties. Wood Mackenzie, a global research firm specializing in energy and metals, has issued new analysis which indicates that companies will invest $28 billion in capitalexpenditures in the Eagle Ford in 2013. Callan […]

San Antonio’s economy gets lift in third quarter from jobs, real estate

December 4, 2012

San Antonio’s regional economy is showing the second best recovery stamina among Texas’ big five metropolitan areas, according to the latest Greater San Antonio Chamber of Commerce Economic Trends Report. The Alamo City ranked second only to Houston. The report looks at such economic indicators as sales tax revenues, the job/unemployment ratio, commercial real estate […]

Texas remains on gaining end for construction employment, industry report finds

October 31, 2012

Texas has once again been signaled out for its performance in the construction industry. According to the latest analysis by the Arlington, Va.-based Associated General Contractors of America, over the 12 months ended September 30, 2012, Texas added the most jobs — a total of 32,800. The Lone Star State went from a total of […]

Texas economy approaching pre-recession levels

September 26, 2012

Texas’ economy activity ticked up slightly in July to an index level to 99.0, according to the Comerica Bank’s Texas Economic Activity Index. The index is baselined to 2008, indicating that a reading of 100.0 points means that the Texas economy is performing at early recession levels. “The Texas economy reversed its June dip, growing […]

Texas Private Sector Growing Faster Than The Nation’s

According to the College Station Real Estate Center latest Monthly Review of the Texas Economy, the state gained 261,000 non agricultural jobs from August 2011 to August 2012, an annual growth rate of 2.5percent compared with 1.4 percent for the United States  (refer to Table 1 and Figure 1).  The state’s private sector added 270,900 […]

Texas Economy Outpaces Nation’s

August 28, 2012

The Texas economy continues to grow at a rate higher than the national average, according to the Real Estate Center’s latest Monthly Review of the Texas Economy. The state gained 226,800 nonagricultural jobs from July 2011 to July 2012, an annual growth rate of 2.2 percent compared with 1.4 percent for the United States. The state’s […]

Texas posts strong performance in recent employment anaylsis

August 24, 2012

Texas was also one of only 11 states that posted construction employment growth on a month-to-month basis as well. In all, the Lone Star State’s construction industry added 200 jobs between June and July of this year. Meanwhile, California’s construction sector shed 1,200 jobs between June and July 2012. Just how long the stronger performers […]

Houston’s job creation is the fastest nationwide, Comerica report says

August 23, 2012

Houston is outperforming the U.S. in many economic indicators, especially in job growth, according to the latest Comerica Regional Economic Update. The Houston-Sugar Land-Baytown area’s payroll job creation was up 3.4 percent on a year-to-year basis for the second quarter. That’s the fastest-growing job creation of any major metropolitan area in the U.S., Comerica Bank said. After […]

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