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Texas Manufacturing Activity Picks Up Pace

Texas Business reports: Texas factory activity increased again in June, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose from 11 to 15.5, indicating output grew at a faster pace than in May. 

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Texas Comptroller's Office Study Shows Expensive School Construction Costs

Texas Business reports: An analysis of new school construction costs released by the Texas Comptroller’s office today shows the cost for some campuses varied by nearly $200 per square foot. And though there were different factors for the variances, Texas Comptroller Susan Combs is making policy recommendations to help school districts and taxpayers monitor construction efficiency and compare costs.


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Rice’s silicon oxide memories catch manufacturers’ eye

Texas Business reports:  HOUSTON—Rice University’s breakthrough silicon oxide technology for high-density, next-generation computer memory is one step closer to mass production, thanks to a refinement that will allow manufacturers to fabricate devices at room temperature with conventional production methods.


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Texas Manufacturing Activity Picks Up Pace

Texas Business reports: Texas factory activity increased again in June, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose from 11 to 15.5, indicating output grew at a faster pace than in May. 

 Full Story »
Texas Comptroller's Office Study Shows Expensive School Construction Costs

Texas Business reports: An analysis of new school construction costs released by the Texas Comptroller’s office today shows the cost for some campuses varied by nearly $200 per square foot. And though there were different factors for the variances, Texas Comptroller Susan Combs is making policy recommendations to help school districts and taxpayers monitor construction efficiency and compare costs.


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Slowdown Could Be Ahead for Advanced Economies Outside of U.S.
Texas Business reports: The pace of global growth (excluding the U.S.) remained unchanged in first quarter 2014. Real gross domestic product (GDP) growth in both the advanced economies (ex. U.S.) and emerging economies maintained the same pace as in fourth quarter 2013. However, recent indicators of economic activity point to a slowdown in the advanced economies (ex. U.S.) and an acceleration in the emerging economies.   Full Story »
Houston’s Kellogg Brown Wins $56.5 Million Defense Contract Boost

Texas Business reports:  A Houston firm won a $56.5 million contract change, according to the U.S. Department of Defense. 

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EPA Finalizes Greenhouse Gas Permit for $800 Million Houston Plant

Texas Business reports: HOUSTON—The U.S. Environmental Protection Agency (EPA) has issued a final greenhouse gas (GHG) Prevention of Significant Deterioration (PSD) construction permit to ONEOK Hydrocarbon. 

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Houston’s BP Energy Wins $42 Million Defense Contract

Texas Business reports:  A Houston firm won a $42.8 million energy contract, according to the U.S. Department of Defense. 

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EPA Finalizes Greenhouse Gas Permit for 1.2 Billion Brazoria Plant

Texas Business reports: DALLAS—The U.S. Environmental Protection Agency (EPA) issued a final greenhouse gas (GHG) Prevention of Significant Deterioration (PSD) construction permit to C3 Petrochemicals LLC in Alvin, Texas. 

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EPA gives final approval to OxyChem Texas plant

Texas Business reports: DALLAS—The U.S. Environmental Protection Agency (EPA) has issued final greenhouse gas (GHG) Prevention of Significant Deterioration (PSD) construction permits to Occidental Chemical Corporation (OxyChem) in Ingleside, TX. OxyChem’s permit allows the company to build an ethylene cracker.    

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Texas Manufacturing Grows but at a Slower Pace

Texas Business reports: Texas factory activity increased again in May, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, fell from 24.7 to 11, indicating output grew but not strongly as in April.

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Cost of Hepatitis Drug Raises Questions About Access

A new treatment for hepatitis C is considered a breakthrough for people with the liver disease. But the high cost of the drug — about $1,000 a pill — has complicated efforts to get the medication to Texans who receive government-subsidized health care.

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Houston’s Shell Marine Wins $14.9 Million Contract Change

Texas Business reports: A Houston firm won a major change to an existing defense contract, the U.S. Department of Defense announced. 

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Texas Inflation Rates

Texas Business reports: The Trimmed Mean PCE inflation rate for March was an annualized 1.9 percent. According to the BEA, the overall PCE inflation rate for March was 2.3 percent, annualized, while the inflation rate for PCE excluding food and energy was 2.1 percent. 

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Eagle Ford Shale Oil Boom Leaves Poverty In Its Wake

GONZALES – On a chilly February morning, a pickup truck pulls up to a converted gas station near the city’s downtown. Two elderly men, each wearing two jackets against the cold, enter the office of the Gonzales Christian Alliance Ministry. 

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In Power Line Dispute, Rancher Questions Wiggle Room

RHOME — Johnny Vinson is not your typical underdog. At 82, he is a rancher who has sold more land than most rural Texans could imagine owning. And he has plenty left to stand on, including more than 3,500 acres in Wise County that have ample room for dozens of gas wells, grazing cattle, a ranch house and staff living quarters. 

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EPA Issues Greenhouse Gas Permit to $325 Million Houston-Area Facility

Texas Business reports: HOUSTON—This week, the U.S. Environmental Protection Agency (EPA) issued a final greenhouse gas (GHG) Prevention of Significant Deterioration (PSD) construction permit for the Lone Star NGL facility in Mont Belvieu, Texas, just west of Houston.

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Synthetic collagen promotes natural clotting

Texas Business reports: HOUSTON – Synthetic collagen invented at Rice University may help wounds heal by directing the natural clotting of blood.

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Old Drilling Logs Help Researchers Map Brackish Water

Daniel Ortuño pulled a small piece of Texas history from a shelf in a building at the University of Texas at Austin. The yellowing piece of paper said that on Dec. 19, 1951, John L. Boyd began drilling a 1,350-foot-deep oil well through 17 layers of shale and limestone in Crockett County in southwest Texas.


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Farmers fighting wind erosion and continued drought

Texas Business reports: COLLEGE STATION – During the first week of April, parts of the North, East, Central and Rolling Plains regions received from 0.5 inch to 2 inches of rain, according the National Weather Service and reports from Texas A&M extension service personnel. 

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Texas Expands Closure of Oyster Harvesting Due to Algae

Texas Business reports: The Texas Department of State Health Services is temporarily closing bays along the Texas coast from Matagorda Bay to Corpus Christi Bay to the harvesting of oysters, clams and mussels because of elevated levels of an algae that can produce a toxin in some shellfish. DSHS previously closed the Galveston Bay system to harvesting effective March 13 for the same reason. Commercial and recreational harvesters should not harvest oysters, clams or mussels from these areas until further notice. 

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Regulations Could Harm Texas' Bid for Tesla Plant

Gov. Rick Perry, far from shy in his efforts to reel in jobs from other states — especially California — often declares Texas “wide open for business.” 

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Arming U.S. Agents in Mexico Stalling Trade Agreement

LAREDO — Call it one of the most heralded binational agreements between the United States and Mexico you have probably never heard of.

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Immigrant entrepreneurs contribute significantly to Texas’ economy.

From 2006 to 2010, there were 256,849 new immigrant business owners in Texas, and in 2010, 24.9 percent of all business owners in Texas were foreign-born. Furthermore, from 2007 to 2010, immigrants in Texas founded around 31.3 percent—almost one in three—of all new businesses in the state.

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