Tribpedia: Economy

Tribpedia

With a civilian labor force of more than 12 million and a gross state product of $1.22 trillion in 2008, Texas has the second largest economy in the United States and the 15th largest in the world. The Federal Reserve Bank of Dallas is one of many agencies that keeps track. The state comptroller stays up with key statistics.

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Keller ISD Superintendent Randy Reid spoke during an Aug. 11, 2014, town hall meeting, where attendees debated whether to put a $175 million bond up to Keller ISD voters in the general election.
Keller ISD Superintendent Randy Reid spoke during an Aug. 11, 2014, town hall meeting, where attendees debated whether to put a $175 million bond up to Keller ISD voters in the general election.

Series: Bypassed by the Miracle

Check out Bypassed by the Miracle, our seven-part series on the people and communities that have missed out on Texas' economic success or are finding that it comes at a price. You can also read our related Falling Behind and Hurting For Work series.

Local Debt Explorer

Texas counties, cities and school districts have more than $100 billion in debt that's backed by a pledge of local property taxes. Across Texas over the last decade, the total amount of outstanding local debt has grown faster than the state's population. Use our Local Debt Explorer to find out how much tax-supported debt is held in your community.

NASA administrator Charles Bolden, right, shows off the Dragon spacecraft as SpaceX CEO Elon Musk, left, listens in McGregor, TX on June 13, 2012.
NASA administrator Charles Bolden, right, shows off the Dragon spacecraft as SpaceX CEO Elon Musk, left, listens in McGregor, TX on June 13, 2012.

Locals Hope SpaceX Will Launch South Texas Economy

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Private aerospace company SpaceX has received a preliminary green light from the FAA for a launch site in the southern tip of Texas. Some in Brownsville are over the moon about the economic windfall it could bring. Communities in South Texas have been courting SpaceX for three years.

The Austin headquarters of Dulce Vida Spirits, a tequila producer that's making inroads in China.
The Austin headquarters of Dulce Vida Spirits, a tequila producer that's making inroads in China.

China's Embrace of Tequila Affects TX, Mexican Markets

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International negotiations that have lifted a longtime ban on tequila in China — the largest and fastest-growing market for alcohol of all kinds — will have big implications for Mexico, and are likely to benefit fledgling producers in Texas, too. Some local companies are already getting in on the action. 

Interactive: Gender Wage Gaps in State Agencies

At dozens of Texas state agencies, male workers are better compensated than female workers, on average. Use our interactive to compare compensation by gender at state agencies with at least 100 employees, excluding universities, and to see the difference between the annual average compensation for an agency’s male employees and its female employees.

 

The rate of Texas children living in poverty from 2000 to 2011 grew faster than the growth rate of the child population in the state during the same period.
The rate of Texas children living in poverty from 2000 to 2011 grew faster than the growth rate of the child population in the state during the same period.

Report: Child Poverty Increases in Texas

In rapidly growing Texas, which is home to one in 11 children in the United States, child poverty has continued to increase despite an improving economy, according to a report released Tuesday. There was a 47 percent increase in the rate of Texas children living in poverty from 2000 to 2011, according to the Texas Kids Count report.

Interactive: Child Poverty by County

In fast-growing Texas, home to one in 11 children in the United States, child poverty has continued to increase despite an improving economy. Use this interactive to see which Texas counties have the highest rates of child poverty and unemployment, and to see which counties have the highest raw numbers of children in poverty or people who are unemployed. 

The uncompleted new international railroad bridge near Brownsville passes over the border fence and US 281 before crossing the Rio Grande.
The uncompleted new international railroad bridge near Brownsville passes over the border fence and US 281 before crossing the Rio Grande.

2011 UP Settlement Could Impact Bridge Dispute

Cameron County and federal officials remain at an impasse over the funding of the transfer of a scanning machine, a stalemate that could stall the West Rail Bypass International Bridge's debut. A potential fix could be tied to a 2011 settlement between U.S. Customs and Border Protection and Union Pacific.

Guest Column: The Margin Tax Holds Texas Business Back

Texas Weekly

There’s much that shouldn’t change about Texas’s tax code. I’m a bit jealous of lifelong Texans; you don’t know the sinking feeling of finishing your federal income taxes just to remember that you need to pull out the state tax forms. Even Indiana with its 3.4 percent flat income tax can’t compete with that.

The uncompleted new international railroad bridge near Brownsville passes over the border fence and US 281 before crossing the Rio Grande.
The uncompleted new international railroad bridge near Brownsville passes over the border fence and US 281 before crossing the Rio Grande.

Dispute Over Scanning Machine May Stall Bridge Opening

Just weeks before a new rail bridge connecting Texas and Mexico is set to open, controversy surrounding an X-ray machine for the bridge has unfolded. County officials in the Rio Grande Valley say it's on Customs and Border Protection to pay to relocate it, but the feds say they don't have the money. 

Veterinarian and cattle buyer Jesús Baca discusses how cattle were inspected before the USDA pulled its American inspectors from Mexico.
Veterinarian and cattle buyer Jesús Baca discusses how cattle were inspected before the USDA pulled its American inspectors from Mexico.

After Federal Change, Border Cattle Industry Struggles

Ojinaga, Mexico, used to enjoy the distinction of being one of the busiest ports for importing Mexican cattle into the U.S. But amid concerns about escalating drug violence, the USDA last year moved its cattle inspectors across the Rio Grande River into Texas — a decision residents on both sides of the border say has crippled the local livestock industry. 

A home in the El Cenizo colonia in Laredo, TX. August 23, 2013.
A home in the El Cenizo colonia in Laredo, TX. August 23, 2013.

Poverty Rate Declines for First Time Since Recession

The percentage of Texans living in poverty dropped from 18.5 percent in 2011 to 17.9 percent in 2012, marking the first decline in the state since the recession began in 2008. Still, Texas’ poverty rate remained above the national rate, and above the state's pre-recession rate.