
The Texas economy has taken hits from a plunge in oil prices, global economic weakness, and a stronger U.S. dollar during the last year. One indication of this combined blow is the latest report by the Dallas Federal Reserve showing a 7.7 percent drop in exports during the last year through July. With exports contributing to almost one-fifth of the state’s total economy and supporting more than one million jobs, it’s no shock that the state’s economy is slowing.
by Breitbart Texas14 Oct 2015, 3:37 AM PST0

In his only sitdown interview while preparing for the first GOP primary debate on Thursday, former Texas Gov. Rick Perry discussed exclusively with Breitbart News his plan to get Americans back to work amid a crisis with the lowest workforce participation rate since 1979.
by Matthew Boyle and Alex Swoyer5 Aug 2015, 5:13 PM PST0

HOUSTON, Texas – Despite a sharp downturn in the price of oil, Houston remains the top Texas city for the sales of luxury homes and ranks fifth in the nation. This ranking was reported from Coldwell Banker Previews International’s spring 2015 luxury market report by Paul Takahashi with the Houston Business Journal.
by Bob Price24 Apr 2015, 8:22 AM PST0

Texas Comptroller of Public Accounts Glenn Hegar released the Biennium Review Estimate (BRE) on Monday in Austin. He predicted Texas will have $113 billion available for general purpose spending during the 2016-17 biennium. This represents a 9.5 percent increase over the 2014-15 biennium. The new Comptroller predicted a moderate growth rate during the coming two years.
by Bob Price12 Jan 2015, 10:02 AM PST0

Texas Governor Rick Perry predicted “This is going to be a painful period of time” in regards to the ever falling price of oil. The remarks came Friday as Perry was speaking to a conservative forum in Austin.
by Bob Price12 Jan 2015, 8:53 AM PST0

Lower gas pump prices could mean a loss of jobs and lower tax revenue for the State of Texas. The rapidly dropping gasoline prices are a result of the price of oil dropping into the $55 per barrel range. The
by Bob Price21 Dec 2014, 7:28 AM PST0