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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Texas Comptroller Susan Combs, citing a robust economy,  releases the Biennial Revenue Estimate showing that the state is projected to have over $100 billion available for spending in the next biennium.
Texas Comptroller Susan Combs, citing a robust economy, releases the Biennial Revenue Estimate showing that the state is projected to have over $100 billion available for spending in the next biennium.

Dire Budget Estimate Fit Well With Prevailing Politics

The two-year-old revenue forecast used to justify massive cuts in the current state budget was wrong — and not by a little bit. But the conservative Legislature elected in 2010 wasn't complaining.

Tax Incentives Could Prove Divisive For GOP

Texas Weekly

Republican leaders like to say government should just get out of the way and let the private sector do work its unfettered magic. But during the session, they may have a hard time squaring their stated philosophy with their support for tax giveaways to private industry.

Construction workers for the Mexican contracting company Coconao work on a segment of the new rail bridge that stands over the Rio Grande.
Construction workers for the Mexican contracting company Coconao work on a segment of the new rail bridge that stands over the Rio Grande.

Border Welcomes First Rail Line in More Than a Century

It has been more than 100 years since Texas and Mexico saw a new railroad line that spans both countries. That streak is set to end this year with the expected completion of the Brownsville West Rail Bypass International Bridge.

September 14th, 2012: Texas Gov. Rick Perry with Colorado Gov. John Hickenlooper, discuss economic development at the Devner Metro Chamber Leadership Foundation's 2012 Leadership Exchange in Austin, Texas
September 14th, 2012: Texas Gov. Rick Perry with Colorado Gov. John Hickenlooper, discuss economic development at the Devner Metro Chamber Leadership Foundation's 2012 Leadership Exchange in Austin, Texas

Guvs From Rival Parties and States Find Common Ground

At a time of bitter partisanship and fierce political competition, Republican Gov. Rick Perry and Democratic Colorado Gov. John Hickenlooper found rare common ground Friday at a meeting about economic development strategies.

State's Economic Forecast a Mixed Bag

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The comptroller's office announced Friday in its latest financial update that while the state will have more money in its coffers than previously thought, uncertainty about global economic strains could hurt Texas' two main money makers: energy and exports.

Gov. Rick Perry speaks with a reporter on Feb. 21, 2012, a month after dropping his bid for the Republican presidential nomination.
Gov. Rick Perry speaks with a reporter on Feb. 21, 2012, a month after dropping his bid for the Republican presidential nomination.

Perry Confident Romney Can Win Hispanic Vote

Gov. Rick Perry on Wednesday discussed his support for Mitt Romney, his confidence that minorities will support Republicans and the state's economic development.