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.

83rd Lege's Regular Session: What Happened, What Didn't

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Lawmakers raced to get several bills passed before the 83rd Legislature's regular session ended. And with Monday's announcement of a special session, their work isn't done. Here's a look at the deals reached and the measures that fell short in the regular session. 

 

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.

One Texas economic program offers millions of dollars in incentives to draw in events such as Formula 1 racing.
One Texas economic program offers millions of dollars in incentives to draw in events such as Formula 1 racing.

F1 Drivers Set to Start Their Engines in Austin

Austin will be the epicenter of the auto racing world this month when its new, $400 million track — the Circuit of the Americas — hosts the first Formula One race in the United States since 2007. 

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.

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