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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 Texas economy grew moderately in 2010, outperforming most other states. Jobs increased by 209,000, a growth rate of about 2 percent—near the state’s average pace since 1980. Strength in the high-tech and energy sectors was an important source of Texas’ economic might relative to other...
Persistent link: https://www.econbiz.de/10009292949
Remarks before the National Association for Business Economics, Dallas, Texas, September 12, 2011 ; "It is incumbent on the Fed and other bank regulators to reduce the regulatory burdens that are inhibiting indeed, overwhelming community bankers whose business it is to lend to creditworthy small...
Persistent link: https://www.econbiz.de/10009320864
Remarks before the Dallas Regional Chamber of Commerce, Dallas, TX, March 5, 2012 ; "I would suggest to you that, if the data continue to improve, however gradually, the markets should begin preparing themselves for the good Dr. Fed to wean them from their dependency rather than administer...
Persistent link: https://www.econbiz.de/10010551283
Remarks before the Texas Manufacturers Summit 2012, San Marcos, TX, February 15, 2012 ; "In a nutshell, Texas continues on a path it has been on for over two decades, outperforming the nation in economic growth and job expansion. We have fully recovered the jobs lost during the Great Recession...
Persistent link: https://www.econbiz.de/10010551286
"As I sit at the FOMC table, I continue to fret more about inflation than I do about growth. While I am well aware of the risks to economic growth, the history of inverted yield curves, and the ever present possibility of exogenous shocks in a politically hazardous world, the 'balance of risk,'...
Persistent link: https://www.econbiz.de/10008598674
Remarks at the 6th Annual Real Estate Symposium, North Dallas Chamber of Commerce, Dallas, Texas, August 30, 2006 ; "Our current analysis points to an economy at a crossroads. High energy prices, rising interest rates and the slowdown in a red-hot housing market have taken some of the steam out...
Persistent link: https://www.econbiz.de/10008598675
Texas exports rose 2.7 percent in real terms in the first six months of the year, fueled by a nascent economic recovery that surprised some shipping companies. Increased demand in the state and nation contributed to spikes in the cost of container, truck and rail freight shipments.
Persistent link: https://www.econbiz.de/10008739779
The real value of trade processed through Texas ports grew at nearly twice the national pace. Rapid growth in trade with Asia implies that containerized shipping--the movement of goods by standardized intermodal cargo containers--will play an increasingly prominent role. ; As container shipments...
Persistent link: https://www.econbiz.de/10008739780
Business tendency surveys are designed to provide more timely information on economic conditions than otherwise available. Texas Manufacturing Outlook Survey variables have broad explanatory power for Texas and national economic indicators. TMOS for a given reference month is available up to a...
Persistent link: https://www.econbiz.de/10008739781