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.

Guest Column: The Margin Tax Holds Texas Business Back

There’s much that shouldn’t change about Texas’s tax code. I’m a bit jealous of lifelong Texans; you don’t know the sinking feeling of finishing your federal income taxes just to remember that you need to pull out the state tax forms. Even Indiana with its 3.4 percent flat income tax can’t compete with that.

Veterinarian and cattle buyer Jesús Baca discusses how cattle were inspected before the USDA pulled its American inspectors from Mexico.
Veterinarian and cattle buyer Jesús Baca discusses how cattle were inspected before the USDA pulled its American inspectors from Mexico.

After Federal Change, Border Cattle Ranchers, Importers Struggle

A federal decision last year to move USDA cattle inspectors from Ojinaga, Mexico, to Presidio, Texas, has crippled the local livestock industry on both sides of the impoverished border, ranchers and cattle importers say.

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 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

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.

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.

Readying a Rail Bridge Over the Rio Grande

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.