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economy

From Texas Standard:

Even though the Texas Legislature failed to pass measures to reform property taxes or the school finance system during the regular and special sessions, the Federal Reserve Bank of Dallas says the Texas economy continues to grow at a solid pace.

Comptroller Glenn Hegar is the chief tax collector, accountant and revenue estimator for the state government. Among his responsibilities is providing the legislature with an estimate of state revenue before each regular legislative session.

 

From Texas Standard:

There has been a growing public debate over President Donald Trump's plans to build a wall along the U.S.-Mexico border, but many residents in Texas' Rio Grande Valley say a whole host of other issues affecting their region are being ignored.

At two protests last weekend against the wall in Mission, Texas and at the Santa Ana National Wildlife Refuge, south Texans tried to call attention to the untold stories.

The U.S. economy created an estimated 209,000 jobs in July, representing a modest slowdown from the previous month but coming in better than many economists had expected. The unemployment rate ticked down to 4.3 percent from 4.4 percent.

The Bureau of Labor Statistics said in its monthly report that, statistically, July showed little change from previous months, as the number of unemployed persons remained around 7 million.

Scrolling through Twitter is not for everyone, but if it's the kind of thing you’re into you’re likely to come across many tweets that make no sense. A few weeks ago one of them said this: “Curve Crunch: WTI flips to contango. Backwardation banished!”

What could this mean?

President Trump announced Thursday that the U.S. will leave the Paris climate deal.

Here are five things that could be affected by the decision.

1. The coal industry

Even coal companies had lobbied the Trump administration to stay in the agreement.

Out on the wide open plains of West Texas, you can see the horizon for 360 degrees, interrupted only by the nodding up and down of pump jacks pulling oil up out of the earth.

There lies the aptly named town of Midland.

To get the hang of the place, you need to start downtown, on a corner near the Chase Bank, where an electric billboard displays the essentials: the temperature, a message — "God Bless Midland" — and a number. On this day, it's 45.94.

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Worrying about money can be stressful, distracting and time-consuming. According to new research, a third of Americans are actually losing sleep over it.

Experts say chronic concern over finances can take quite a physical toll on the person doing the worrying. 

Commentary: When Cuba Became Personal

Mar 30, 2016
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Barack Obama recently became the first U.S. president to visit Cuba in nearly 90 years. The island was also on commentator Stephen Whitley’s wish list of places to visit. But Cuba always seemed out of reach until the recent easing of restrictions on travel. He learned some lessons during a Spring Break trip there.

Christopher Connelly/KERA

For most of us, the word “auction” conjures up images of antiques or fine art or even foreclosed houses. Ritchie Bros. in Lake Worth offers a very different kind of auction – one on the scale of massive earth-moving equipment.

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KERA's series, One Crisis Away, looks at life for people on the financial edge. In this edition, why some people feel they can’t get away from the edge even as the economy is recovering.

Sam Baker talked with Marketplace host Kai Ryssdal about the survey the show did to find out.

Christopher Connelly/KERA

These days, oil prices seem to go nowhere but down. In Texas, drivers are paying less than $2 per gallon at the pump, on average. So what do low gas prices mean for consumers, and for this oil-producing state’s economy?

Texas Jobs Numbers: The Good, The Bad, The Meh

Sep 18, 2015
Matthew Rutledge via flickr

The Texas unemployment rate has dropped to 4.1 percent, the lowest rate since 2001. That’s the good news for Texas in the August jobs report. The bad news: The state lost jobs, especially high-paying oil jobs. Still, economists say there are some bright spots.

blogs.canoe.com

Under pressure to show the U.S. will join European efforts to resettle Syrian refugees, President Obama has told his administration to take in at least 10,000 over the next year. Refugee Services of Texas has resettled 72 Syrians across Texas. 

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A new report by the U.S. Commerce Department shows that steady growth in consumer spending has helped spur the Texas economy over the last 15 years. 

Paul Moseley / Fort Worth Star-Telegram

Gubernatorial candidate Wendy Davis talked Tuesday about building the Texas economy while her Republican opponent Greg Abbott zeroed in on Hispanic voters by releasing a Spanish language television ad.

Justin Turveen

Last year North Texas hospitals created more than 265,000 jobs and pumped more than 14 billion dollars into the economy. That’s according to a new report from the Dallas Fort Worth Hospital Council.

Dane Walters / KERA News

The Madrids look like a lot of families in North Texas; a married couple in their 20s with a young child and a house in Rockwall.  Then a health emergency turned their world upside down.

The Madrids are the first family we’re profiling in KERA’s new series One Crisis Away. A third of North Texans don’t have enough savings to cover a three month financial disruption, which means folks like the Madrids are living on the edge.

KERA's new series One Crisis Away looks at four families on the financial edge. In the first profile, meet Isac Madrid, his wife Elizabeth and their 1-year-old son. Eighteen months ago, they had two incomes and a savings account. Now, after a medical setback, they're barely hanging on financially.

Learn more about the Madrid family.

NoHoDamon / Flickr

One out of every three North Texans is walking a financial tightrope and could be knocked off by just one crisis; a medical emergency, an eviction, a job loss.

In KERA’s new series One Crisis Away,  we introduce a concept known as asset poverty.

“This really measures the ability of a household to exist at the poverty level for just three months if their main source of income is disrupted,” says Andrea Levere, president of the Corporation for Enterprise Development.

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North Texas members of Congress headed back to Washington Thursday.  The Senate's first official agenda does not include the fiscal cliff, even though the deadline to avoid automatic budget cuts and tax hikes is Jan. 1.

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Fort Worth is scaling back its pension plan for employees. The city’s bill for future retirees is outpacing the pension fund budget by about half-a-billion dollars.

travis(ty) / flickr

Dallas Mayor Mike Rawlings says the city is hot,  and he’s not talking about the temperature. 

s_falkow / Flickr.com

A study released by the U.S. Conference of Mayors predicts double-digit job growth over the next five years.

Texas Judge Halts Part Of Voter Purge Effort

Sep 20, 2012

A state district judge in Austin has blocked part of Texas' efforts to purge dead voters from registration rolls.

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The proposed city of Dallas budget for next year does not include layoffs, cuts to libraries, or a tax increase. An improving economy is making the 2013 budget debate less painful.

The national economy remains challenging with unemployment over eight percent.  But commentator Rawlins Gilliland says he knows how some American manage when jobs are few.

Kevin Harber / (cc) flickr

Bankrupt AMR, parent company of American Airlines, has told its unions that without more concessions, it will move to cancel all contracts next week in court.

trenttsd (cc) flickr

Four in ten people in Dallas are at risk of financial disaster. They live in “asset poverty” according to a new study. KERA’s BJ Austin reports.

Some Dallas teachers and city council members are challenging a plan to create a city-sponsored non-profit that would help a charter school. KERA’s Bill Zeeble reports on questions city leaders want answered about Uplift Education.

Gasoline prices are on the rise again. AAA-Texas says the average statewide price is six cents higher than last week. KERA’s BJ Austin says some energy analysts predict four-dollar-a-gallon gas by spring.

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