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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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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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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 »
Gatesville’s Etcon Wins $25.4 Million Contract Change

Texas Business reports: A Gatesville firm won a $25.4 million boost to a defense contract, according to the U.S. Department of Defense. 

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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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Virginia Firm Wins $14.9 Million Fort Hood Contract

Texas Business reports: FORT HOOD, Texas—A Virginia firm won a $14.9 million information technology contract at Fort Hood. 

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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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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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Fort Hood Briefing | kil_tem_fth_txbz,
Fort Hood Briefing | kil_tem_fth_txbz,
Fort Hood Briefing
Fort Hood Briefing Full Story »
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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Texas Comptroller Office Distributes $553 Million in Monthly Sales Tax Revenue to Local Governments

Texas Business reports: AUSTIN--The Texas Comptroller's Office announced that state sales tax revenue in February was $2.2 billion, up 5.8 percent compared to February 2013. 

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Cotton acres expected to be way up over 2013

Texas Business reports:  COLLEGE STATION – From all indications, 2014 Texas cotton plantings will be a double-digit percentage increase over those in 2013, according to a Texas A&M extension service agronomist. 

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Most peaches, other fruits, probably not damaged by freeze

Texas Business reports: COLLEGE STATION – The buds of many peach and other fruit trees were not open enough to be damaged by the latest cold front that stormed through Texas, according to a Texas A&M extension service expert. 

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McCarthy Wins $1.8 Million Renovation Project for Children’s Medical Center Dallas

Texas Business reports: DALLAS—McCarthy Building Companies, Inc., a Texas builder for 35 years, was recently awarded a $1.8 million project by Children’s Medical Center Dallas, the sixth-largest pediatric health care provider in the nation. 

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Retail Sales Growth Slows

Texas Business reports: Retail sales signaled continued growth in February, albeit at a slower pace, according to business executives responding to the Texas Retail Outlook Survey. The sales index remained in positive territory but plunged from 20.7 to 5, its lowest reading in seven months. Inventories rose at a slower pace than in January. 

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Crop prospects not good at this time

Texas Business reports: COLLEGE STATION – Dry topsoil and low subsoil moisture, along with cooler than normal soil temperatures, are having a chilling effect on spring planting, said Travis Miller, Texas A&M extension service agronomist and Texas A&M University soil and crop sciences associate department head, College Station. 

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Texas Service Sector Activity Expands but at a Slower Pace

Texas Business reports: Texas service sector activity continued to reflect expansion in February, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, remained positive but fell from 18.1 to 9.8. 

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