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.

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 witnessed the construction of a new railroad line that spans both countries. That streak will end this year as officials on both sides of the Rio Grande expect that by December, a new rail line will be completed in Cameron County. Officials say it can only help the Laredo Customs Trade maintain its title as the nation's largest inland port.

Interactive: Measuring the Gender Wage Gap in Texas

Women in Texas made 70 cents for every $1 that men made in 2011, according to the U.S. Census Bureau's American Community Survey. This interactive examines the gender wage gap in Texas by showing the number of men and women in each income bracket and median wages for men and women by industry and region.

Bill Hammond is the CEO of the Texas Association of Business.
Bill Hammond is the CEO of the Texas Association of Business.

Guest Column: Wake Up — Schools Are Failing

Texas Weekly

Texas local school bureaucrats are not graduating enough of our students ready for college or career. We need to wake up, and wake up now, to the deeper truth that it is time to stop blaming the messengers. It is time to fix the problem.

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 his Democratic counterpart from Colorado, Gov. John Hickenlooper, found rare common ground Friday at a meeting about economic development strategies.

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

  • 1Comment

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.