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Ike deals severe blow to Texas economy. Texas investment funding slips in 2nd quarter. Latin America, China lead Texas surge in overseas sales.
Persistent link: https://www.econbiz.de/10005389863
The Federal Reserve Bank of Dallas, in cooperation with the Semiconductor Industry Association (SIA), hosted a conference on nanoelectronics and the economy in Austin on Dec. 3, 2010. Economists and scientists explored how information technology has affected U.S. productivity and output growth...
Persistent link: https://www.econbiz.de/10009292946
The oil and gas industry has been a driver of the Texas economy for the past 40 years. Its contribution declined with the oil-led recession of 1986 and appeared to slip further in the 1990s as the high-tech industry boomed. But oil and natural gas prices have risen since 1999, reaching record...
Persistent link: https://www.econbiz.de/10009292947
Texas' commercial real estate market steadily worsened as recession took hold in 2009. Commercial real estate's woes don't bode well for banks already struggling with losses from residential loans. The number of distressed properties--those in foreclosure, in bankruptcy or restructured--is rising.
Persistent link: https://www.econbiz.de/10008628380
Texas became the nation's most prolific generator of wind power in the past decade, but the industry's future growth will depend on tax incentives to make it cost competitive and new transmission lines to get electricity to consumers.
Persistent link: https://www.econbiz.de/10008628385
Natural gas production and consumption data have been drifting apart. Production should equal consumption plus increases or decreases in storage, but sampling and estimation errors typically result in slight discrepancies. Seeing these gaps rise, the Energy Information Administration (EIA)...
Persistent link: https://www.econbiz.de/10008465712
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Texas commercial construction held up relatively well throughout 2008--in the broad view, at least.
Persistent link: https://www.econbiz.de/10005717523
Production of more than 7 billion pounds a year makes milk one of Texas' top 10 agricultural commodities. However, 2009 is shaping up to be a tough year for the state's dairy producers.
Persistent link: https://www.econbiz.de/10005004131
Saudi Arabia's state-owned oil company no longer uses West Texas Intermediate (WTI) crude oil as its pricing benchmark. Saudi Aramco, the third largest U.S. oil supplier, switched to the Argus Sour Crude Index (ASCI) in January.
Persistent link: https://www.econbiz.de/10008616952