Thu, Apr 24, 2014 00:50
HomeMost Recent NewsLone Star Business BlogContact Us
Advertise with Texas Business
Economics

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.


 Full Story »
Jim Malewitz for the Texas Tribune

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.” 

 Full Story »
Jim Malewitz for the Texas Tribune

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.

 Full Story »
Julián Aguilar for Texas Tribune

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.

 Full Story »
TexasBusiness.com

Researchers Add Economic Perspective to Water Forecasting

Texas Business reports: Water is a life-sustaining commodity with no substitute, and the demand for it only will increase alongside the world’s population. Institutions that monitor water use are researching ways to extend the water supply. Enter UTEP Professor of Economics Tom Fullerton. 

 Full Story »
TexasBusiness.com

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. 

 Full Story »
TexasBusiness.com

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. 

 Full Story »
TexasBusiness.com

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. 

 Full Story »
TexasBusiness.com

Texas Manufacturing Picks Up Again but Less Optimism in Outlook
Texas Business reports: Texas factory activity increased for the tenth month in a row in February, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose from 7.1 to 10.8, indicating output grew at a slightly stronger pace than in January.  Full Story »
TexasBusiness.com

Occidental Petroleum to Split, Move Headquarters to Houston.

Texas Business reports: LOS ANGELES—Occidental Petroleum Corporation today announced it6 would separate into two businesses and move the headquarters of Occidental Petroleum to Houston. 

 Full Story »
TexasBusiness.com

2014 commodity outlook for Texas hinges on rainfall, demand

Texas Business reports: COLLEGE STATION – Texas A&M economists recently provided 2014 projections for major commodities produced in Texas, with many pointing to past drought conditions as a key factor in making or breaking a crop.


 
 Full Story »
TexasBusiness.com

Texas to Give $1.75 Million to Minimus Spine

Texas Business reports:  The state of Texas plans to give an Austin medical company $1.75 million, according to officials. 

 Full Story »
TexasBusiness.com

Texas to Give $2.1 million to Natgasoline

Texas Business reports:  Texas plans to give $2.1 million to Natgasoline LLC, which announced plans to expand its Beaumont operations. 

 Full Story »
TexasBusiness.com

Kroger To Invest $150 Million in Dallas-Fort Worth Market

Texas Business reports: DALLAS and FORT WORTH, Texas—Cincinnati-based Kroger hopes to expand its market share in Dallas-Fort Worth. 

 Full Story »
TexasBusiness.com

Comptroller Distributes $655 Million in Monthly Sales Tax Revenue to Local Governments

Texas Business reports: The Texas Comptroller's Office announced today state sales tax revenue in October was $2.14 billion, up 5.4 percent compared to October 2012. 

 Full Story »
TexasBusiness.com

DFW International Airport Now Tops $31 Billion in Annual North Texas Economic Impact

Texas Business reports: DFW AIRPORT, Texas—Dallas/Fort Worth (DFW) International Airport is now contributing more than $31 billion dollars worth of economic impact into the Dallas/Fort Worth region every year, according to a new study by the University of North Texas (UNT) Center for Economic Development and Research.  

 Full Story »
TexasBusiness.com

Texas to Give $1 Million to Oracle America

Texas Business reports: Oracle is expanding its operations in Austin, establishing an additional office. The company plans to invest $5.4 million in the project.

 Full Story »
TexasBusiness.com

Retail Sales Expand, but at a Slower Pace

Teas Business reports:  Retail sales grew in October, according to business executives responding to the Texas Retail Outlook Survey. However, the sales index fell from 16.5 to 7.9, suggesting slower growth. Inventories rose. 

 Full Story »
TexasBusiness.com

Texas Service Sector Activity Increases at a Slower Pace

Texas Business reports: Growth in Texas service sector activity slowed in October, 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 dipped from 8.9 to 5.3. 

 Full Story »
TexasBusiness.com

Texas Manufacturing Activity Strengthens

Texas Business reports: Texas factory activity picked up further in October, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose from 11.5 to 13.3, suggesting output increased at a slightly faster pace than in September. 

 Full Story »
TexasBusiness.com

Moody Foundation To Give $50 Million in UT Austin College of Communication

Texas Business: AUSTIN—The Moody Foundation announced a $50 million commitment to establish the Moody College of Communication at The University of Texas at Austin, resulting in the largest endowment for the study of communication of any public university in the nation. 

 Full Story »
TexasBusiness.com

Texas Jails Spend Millions on Undocumented Immigrants

Texas county jails spent more than $156.6 million housing more than 131,000 undocumented immigrants with federal detainers between October 2011 and September 2013, according to state jail commission data. 

 
 Full Story »
Brandi Grissom for the Texas Tribune

Texas Comptroller's Office Distributes $580 Million in Monthly Sales Tax Revenue to Local Governments

Texas Business reports: Texas Comptroller's Offfice announced that state sales tax revenue in September was $2.01 billion, up 2.7 percent compared to September 2012.


 Full Story »
TexasBusiness.com

Texas Manufacturing Activity Picks Up

Texas Business reports: Texas factory activity expanded in September, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose from 7.3 to 11.5, suggesting output increased at a slightly faster pace than in August. 

 Full Story »
TexasBusiness.com

Researchers: Texas Not Ready for Next Hurricane

HOUSTON — Five years after Hurricane Ike slammed into the Texas Gulf Coast, causing more than $30 billion in damage and killing at least 37 Texans, cities across the region have trumpeted their rebuilding efforts.

 Full Story »
Neena Satija for the Texas Tribune

As West Continues to Rebuild, Agencies Make Changes

WEST — Nicky and Robert Lednicky had their future figured out.

The couple, each approaching 80 years old, planned to spend their remaining years in the West Rest Haven nursing home. But everything changed on April 17, when a West Fertilizer Co. plant explosion killed 15 people and devastated this Central Texas town.

 Full Story »
Alana Rocha for the Texas Tribune

As Austin's Lakes Dwindle, Gulf Coast May Also Suffer

As the Highland Lakes that supply Austin's water continue to dwindle, the Lower Colorado River Authority may take the unprecedented step of cutting off freshwater flows it normally releases from the lakes into Matagorda Bay.

 Full Story »
Neena Satija for the Texas Tribune

Medium-Term Outlook Remains Healthy for U.S. Economy

 Texas Business reports: Short-term indicators sent conflicting signals in July and August. Forecasts for growth are lower than desired, and housing, labor and business market data are disappointing. But there are encouraging data as well, and brighter medium-term evidence suggests that the weakness is likely a deviation from an upward trend. 

 Full Story »
TexasBusiness.com

Texas Regional Growth Accelerates Slightly

Texas Business reports: Regional economic activity rose at a slightly faster pace during the past six weeks. Employment growth picked up in July, and the August reading of the Texas Service Sector Outlook Survey (TSSOS) suggested a pickup in activity, particularly in the retail sector. Export growth was robust in July after pausing in June, and energy activity strengthened. 

 Full Story »
TexasBusiness.com

Texas Again Has Highest Uninsured Rate in Nation

Texas continued to have the highest rate of people without health insurance in 2012 at 24.6 percent, according to the Current Population Survey estimates released by the U.S. Census Bureau on Tuesday. 

 Full Story »
Becca Aaronson for the Texas Tribune

Texas To Give $3 Million Grant to Create Center for Cell and Organ Biotechnology

Texas Business reports:  The state of Texas plans to give $3 million  through the Texas Emerging Technology Fund (TETF) to create the Center for Cell and Organ Biotechnology in collaboration with the Texas Heart Institute (THI) and Texas A&M University College of Veterinary Medicine and Biomedical Sciences.

 Full Story »
TexasBusiness.com

In Texas, Fight Over Water Spills Underground

As Texas’ rivers run dry and lakes fall to record low levels, part of the fight over water supplies is moving underground.


 Full Story »
Neena Satija for the Texas Tribune

Texas Comptroller's Office Distributes $575 Million in Monthly Sales Tax Revenue to Local Governments

Texas Business reports: The Texas Comptroller's Office announced that state sales tax revenue in August was $2.39 billion, up 2.1 percent compared to August 2012. 


 Full Story »
TexasBusiness.com

Texas Retail Sales Growth Picks Up

Texas Business reports: Retail sales climbed again in August, according to business executives responding to the Texas Retail Outlook Survey. The sales index advanced from 12.6 to 21.1, its highest reading in 11 months. Inventories grew. 

 
 Full Story »
TexasBusiness.com

Texas Service Sector Growth Continues

Texas Business reports: Texas service sector activity expanded in August, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, edged up from 12.7 to 13.6, its highest reading in five months. 

 
 Full Story »
TexasBusiness.com

Texas Gives $1.5 Million to Dow for Brazoria County Project

Texas Business reports: The Dow Chemical Company is expanding its manufacturing facilities by selecting Brazoria County as the location for two Performance Plastics plants. 

 Full Story »
TexasBusiness.com

Texas Manufacturing Posts Slower Growth

Texas Business reports: Texas factory activity increased but at a slower pace in August, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, remained positive but fell from 11.4 to 7.3. 

 Full Story »
TexasBusiness.com

Locals Chip In to Help Ease Trade at Texas Ports

LAREDO — The water misters set up to cool pedestrians in line at one of the bridges connecting Nuevo Laredo, Tamaulipas, and this South Texas city did little to quell the sweltering heat on a recent summer day. 

 Full Story »
Julián Aguilar for Texas Tribune

Texas to Give $800,000 to in Fritz Industries

Texas Business reports: Texas plans to give $800,000 to Fritz Industries Inc., which announced it will open a manufacturing and office facility in Greenville. 

 Full Story »
TexasBusiness.com

Mixed Views on Increased Beverage Tax

Starting next year, you'll be paying more in taxes for the margarita you order to wash down those enchiladas at your favorite taqueria while the restaurant saves a bundle on liquor taxes under a new law the Legislature approved this year. 

 Full Story »
Alexa Ura for the Texas Tribune

Texa Retail Sales Rebound

Texas Business reports: Retail sales improved notably in July, according to business executives responding to the Texas Retail Outlook Survey. The sales index jumped back into positive territory to 12.6, its highest reading since January. Inventories increased. 

 
 Full Story »
TexasBusiness.com

Texas Service Sector Growth Strengthens

Texas Business reports: Texas service sector activity expanded in July, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, rose from 6.8 to 12.7, indicating activity picked up pace this month. 

 Full Story »
TexasBusiness.com

Texas Manufacturing Activity Increases but at a Slower Pace

Texas Business reports: Texas factory activity continued to expand in July, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, fell from 17.1 to 11.4, suggesting output growth continued but at a slower pace than in June.  

 Full Story »
TexasBusiness.com

Credit card interest rates remain unchanged

Texas Business reports: AUSTIN--Interest rates on new credit card offers stayed put this week, according to the CreditCards.com Weekly Credit Card Rate Report. 

 Full Story »
TexasBusiness.com

Global Growth Prospects Downgraded as China Loses Momentum
Texas Business reports: The global outlook has weakened. The Organization for Economic Cooperation and Development’s May Economic Outlook posted a downward revision to global growth for 2013—from 3.4 to 3.1 percent—and 2014—from 4.2 to 4.0 percent. This is in response to a slowdown in many emerging economies, particularly China, and a prolonged recovery in the euro area. In first quarter 2013, the euro-area contraction was more severe than anticipated, which offset higher-than-expected growth in Japan. Slowed growth and low commodity prices have given way to disinflationary pressures, allowing monetary easing across the board, with the exception of Brazil and Indonesia.  Full Story »
TexasBusiness.com

National Economic Update: Modest to Moderate Growth Expected for Rest of Year Full Story »
TexasBusiness.com