Eager to bring new jobs to their towns and boost their tax base, rural Texas counties are courting companies that produce cryptocurrencies.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
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Economy
Lackluster employment numbers signal economic slowdown for Texas, Dallas Fed says
A new report shows the number of employed Texans remained virtually unchanged from July to August, while unemployment ticked up slightly.
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Economy
State agencies push for better worker pay as critical staffing crunch hits Texas government
Texas agencies say they are being hammered by a historic staffing crisis, particularly when it comes to those in the trenches serving the state’s most vulnerable populations.
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Economy
As inflation skyrockets, local Texas governments ponder tax rate increases as they balance budgets
Local governments in Texas have spent the summer preparing their budgets for next year, wrestling with inflation and a law that prohibits them from raising property tax revenues beyond 3.5% without voter approval.
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Economy
They saved to buy their own mobile homes. Then the land beneath them was sold to an investor.
Mobile homes are a vital source of affordable housing for around 2 million Texans. But as Texas cities grow, many mobile home parks are being closed and redeveloped, pushing out longtime residents.
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Economy
Key Texas industries could face bottlenecks over railroad labor dispute
If railroad companies and workers can’t resolve their dispute by Thursday night, the country could see its first railroad strike in 30 years.
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Economy
Texas’ housing market shows signs of cooling down after the pandemic drove it to new heights
Texas had more houses on the market in July than any time since late 2020 as home sales declined in the state’s major metros. Sellers have had to cut prices to entice buyers.
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Economy
Texas’ cotton industry is facing its worst harvest in years — costing the state more than $2 billion
Cotton is Texas’ largest crop, and industry experts say they expect just half the normal annual yield — which will drive up costs for consumers.
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Economy
Biden’s student loan forgiveness plan could lower debt for more than half of Texas college graduates
People earning $125,000 or less will see $10,000 eliminated from their student loan debt. People in that group who received federal Pell Grants will see $20,000 in debt eliminated, a move intended to help low-income borrowers.
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Climate Change in Texas
Texas Dems uniformly vote for Biden’s cornerstone climate and health care legislation
The bill would invest billions into issues acutely impacting Texas, including climate change and health care, and is the result of months of intraparty fighting between moderates and progressives.