Tribpedia: Economy

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.

Report: Mass Deportation Could Cost Texas Billions

A new study by the Center for American Progress shows that in Texas alone, there would be a $14.5 billion loss in tax revenue if illegal immigrants living in the state were to leave, about 7.6 percent of the total tax revenue. The center said the purpose of the study was to provide a “shock analysis” — showing in black-and-white terms what the effects of hardline deportation policies could be.

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. 

Texas Grappling With Panama Canal Expansion

A massive expansion of the Panama Canal will double the capacity of its trade route by 2014. As Andy Uhler of KUT News reports, it will likely mean a significant increase in freight traffic for Texas, which is looking at how to accommodate the extra boats, trucks and trains set to travel through the state.

Interactive: Employment Data Sharing Concerns Citizens

Nearly 100 local government entities in Texas have online access to a database that contains Texans’ employment information — including Social Security numbers and gross wages. Some residents have raised privacy concerns. This interactive shows which local government entities access the database — and how often.

Interactive: Texas Budget Cuts Shrink State Government

With the state government tightening its belt, there are now 10,200 fewer state employees, according to an analysis of data collected by the state auditor’s office. This interactive shows how budget cuts have affected employment at state-funded entities from the second quarter of fiscal year 2011 to the second quarter of fiscal 2012.

Commercial Benefits of College Research Touted

Two House committees held a joint hearing to explore how scientific research at universities can be commercialized for the benefit of businesses and the state economy. heard testimony from the state's leading research universities.