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: Wake Up — Schools Are Failing

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

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.

State's Economic Forecast a Mixed Bag

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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.

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.

Commercial Benefits of College Research Touted

Two House committees held a joint hearing today to explore how scientific research at universities can be commercialized for the benefit of businesses and the state economy. They heard testimony from the state's leading research universities.