The latest economy news from The Texas Tribune.
Texas may miss out on the $65 million shoppers are expected to save during tax-free weekend, which starts today. But even as the state faces further budget shortfalls, the holiday, created in 1999, still draws bipartisan support. Full Story
/https://static.texastribune.org/media/images/iStock_000001334173Small.jpg)
The state House Ways and Means Committee heard discussion Tuesday on a possible extra tax on small tobacco companies to equalize what the big tobacco companies call a competitive advantage because of pricing. Full Story
/https://static.texastribune.org/media/images/Cigarettes-Sky.jpg)
When it makes sense, we shouldn’t act as if we will never consider tax cuts as an economic stimulant. In fact, if Democrats really want to shed our image as the taxing party, there’s a tremendous opportunity staring us in the face. Full Story
/https://static.texastribune.org/media/files/572816bfd26ae584c31a13a0a24be7b1/BD%20INC%20Chris%20Bell%202010)
This week on the Newsreel, check out our guide to upcoming Texas political races. And, with the runoffs out of the way, lawmakers start talking about the session ahead — and the state budget. Full Story
/https://static.texastribune.org/media/videos/E-Voting-Machine.jpg)
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. Full Story
/https://static.texastribune.org/media/images/SpotlightMoney.jpg)
Though unemployment remains relatively high nationally, Texas faces a dearth of qualified truckers, spurred by high training costs and what some consider overly strict government regulations. And the state's economy is feeling the strain. Full Story
/https://static.texastribune.org/media/images/Truck-Night.jpg)
Texas added 12,900 nonfarming jobs last month, keeping the unemployment rate virtually the same as it was in May, according to statistics released Friday by the Texas Workforce Commission. Full Story
/https://static.texastribune.org/media/images/want_ads.JPG)
Texas House Speaker Joe Straus called on lawmakers Monday to start figuring out how to stop diverting billions of dollars in dedicated taxes and fees that are being used to balance state budgets. Full Story
/https://static.texastribune.org/media/images/_KCB9210.jpg)
In 2009, Gov. Rick Perry rejected a $555 million offer from the Feds to cover unemployment insurance, then turned around and asked the Feds for a loan. Critics jumped, but that was likely the plan all along, and for the governor, it worked out fine. Full Story
/https://static.texastribune.org/media/images/unemploymentgraphic_.jpg)
As European scientists reveal groundbreaking discoveries about the Higgs boson particle, Texas scientists reflect with regret about a machine that got partly built near Dallas. They say it would've accomplished the mission a decade earlier. Full Story
/https://static.texastribune.org/media/images/Superconductor.jpg)
It's not booming, but business in Texas has picked up. This interactive uses newly released U.S. Census Bureau data to show business patterns by county and Texas' economic progress through the recession. Full Story
/https://static.texastribune.org/media/images/Employee-DataApp.jpg)
Cable companies can now break existing contracts with cities, negotiating instead for state-issued franchises, after the U.S. Supreme Court decided not to hear an appeal of a ruling that declared a 2005 Texas law unconstitutional. Full Story
/https://static.texastribune.org/media/images/TWC-Texas.jpg)
After being excluded from the initial dialogue over a Pacific free-trade partnership that includes the U.S., Mexico has officially been invited to join the discussion. Full Story
/https://static.texastribune.org/media/files/8acedb676aa1182ee34bc4ef58c60472/DONT%20USE%20Truck%20Montage%20Mexican%20Border)
Gov. Rick Perry on Wednesday discussed his support for Mitt Romney, his confidence that minorities will support Republicans and the state's economic development. Full Story
/https://static.texastribune.org/media/files/d3fdc95b84097a46d50abe62278df0bc/BD%20INC%20Perry%20Capitol%20CU%202012)
North Dakotans on Tuesday rejected a controversial measure that would have made their state the first in the nation to abolish property taxes. As Andy Uhler of KUT News reports, while some conservatives in Texas have suggested similar measures, officials have warned the state to proceed with caution. Full Story
/https://static.texastribune.org/media/images/Mansion-Asherton.jpg)
Use these interactive maps to compare the level of food insecurity across Texas to the number of Texans who receive federal food stamps and the estimated economic impact of the food assistance funding. Full Story
/https://static.texastribune.org/media/images/SNAPStamps.jpg)
The Legislative Budget Board — headed by House Speaker Joe Straus and Lt. Gov. David Dewhurst — is asking state agencies to assume they'll have 10 percent less to spend in the next budget than they have now. Full Story
/https://static.texastribune.org/media/images/budgetcuts004.jpg)
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. Full Story
/https://static.texastribune.org/media/images/Panama-Canal.jpg)
Nearly 100 local government entities in Texas have online access to a database with Texans’ employment information. This interactive shows which entities access the database — and how often. Full Story
/https://static.texastribune.org/media/images/Law-EnforcementApp.jpg)
For this week's nonscientific survey of political and government insiders, we asked some questions from the latest UT/TT poll about the economy, the state of the state and the country, and the most important problems ahead. Full Story
/https://static.texastribune.org/media/images/inside_intelligence-logo_1.png){kind=logo}