Texas economy

Impact of COVID-19 on our South Texas Economy

3News spoke to economics experts about how Coastal Bend’s economy will evolve in the coming months. CORPUS CHRISTI, Texas — 3News spoke with economic experts about how Coastal Bend’s economy will fare in the coming months. Even speaking with the CEO of Moda Midstream LLC about the company’s ongoing expansion efforts in Ingleside. “There are […]

Texas economy

Dr. Mark McClellan on COVID-19 and the reopening of the Texas economy – Texas Monthly

Dr. Mark McClellan is one of Texas Governor Greg Abbott’s advisers on the safe reopening of the state’s economy. McClellan and other health care experts have been on the phone with the governor several times a week this month. McClellan is from Austin, the son of former Republican state comptroller Carole Keeton Strayhorn. He also […]

Texas economy

Houston businesses prepare to return to business after Abbott reopens Texas economy

Thousands of employees working from home over the past few weeks will likely return to work as early as Friday after Texas Governor Greg Abbott said some businesses could reopen after more than a month of stay-at-home orders. have closed. Companies are preparing for the return of their employees by distancing offices, buying masks and […]

Texas economy

Governor Abbott announces new COVID-19 measures to reopen Texas economy

Governor Greg Abbott today announced the first phase of the State of Texas’ ongoing plan to safely and strategically open up Texas while minimizing the spread of COVID-19. Under Phase I, certain services and activities are allowed to open with limited occupancy, and the Texas Department of State Health Services (DSHS) is issuing minimum standard […]

Texas economy

Border leaders ‘cautiously optimistic’ about reopening Texas economy

Traders and the public must continue to take common sense measures to avoid a COVID-19 outbreak, business groups say EL PASO, Texas (Border Report) — The border business community reacted with cautious optimism to Governor Greg Abbott’s plan to reopen Texas’ economy by May 1. “The Governor’s order is a reasoned and well-balanced decision that […]

Texas economy

‘Open Texas’ economy rally draws about 100 people to downtown El Paso

EL PASO, Texas — A group of about 100 protesters gathered in downtown El Paso on Saturday, defying stay-at-home and social-distancing orders, to stage an “Open Texas” rally aimed at making pressure on state and local authorities to reopen the economy amid the Covid-19 pandemic. The group occasionally chanted “Open Texas,” as some motorists along […]

Texas economy

Texas economy takes a hit due to pandemic and oil crisis: NPR

In Texas, more than 280,000 people filed for unemployment last week. NPR’s Ailsa Chang chats with Ed Serna, the executive director of the Texas Workforce Commission, about the weekly employment numbers. AILSA CHANG, HOST: Nationwide, more than 26 million people are out of work. It only took five weeks to reach this dark milestone. Social […]

Texas economy

The success of Governor Abbott’s plan to reopen the Texas economy hinges on what we do in our cities and counties

The decision to shut down the Texas economy was a tough call. Getting back to business safely becomes an equally difficult decision. On Tuesday, Colleyville Mayor Richard Newton announced plans to relax stay-at-home orders and Dallas County Commissioners voted to extend Dallas County’s stay-at-home order through May 15. , both acting before the expiration of […]

Texas economy

Texas Economy to Gradually Reboot Under Abbott Plan | Covid-19

AUSTIN — Governor Greg Abbott on Friday announced the first steps to reopen Texas’ economy during the coronavirus pandemic, including those next week that will ease surgical restrictions at medical facilities, allow all retail stores to provide product pickups and reopen state parks. Abbott also named a “statewide strike force” dedicated to reviving the economy. […]

Texas economy

Low oil prices spell trouble for Texas economy

Oil prices have hit their lowest level since oil futures trading began on the NYMEX in 1983. DALLAS, Texas — The state of Texas has likely lost at least $1 billion in revenue since January thanks to falling oil prices, a Southern Methodist University professor told the WFAA on Monday, as contracts at oil futures […]

Texas economy

Abbott shares plan to reopen Texas economy, but critics say he’s playing politics by moving too fast | San Antonio News | San Antonio

Click to enlarge Instagram / @governorabbott Governor Greg Abbott shows off an executive order during a recent press conference. After hinting for days at a big plan to restart the state’s economy, Texas Governor Greg Abbott announced on Friday that he had formed a “strike force” to oversee a phased opening of […]

Texas economy

The governor is responsible for a crumbling Texas economy

It’s time to face the facts: Texas Governor Greg Abbott has not been a leader in the coronavirus crisis. He has abdicated his responsibilities to local governments and, in his own words, is “looking to Washington for guidance.” This is a very disappointing and un-Texan answer. Texans are independent, driven, and individualistic; yet the governor’s […]

Texas economy

Governor Abbott to Release Details of Texas Economy Reopening Plan on Friday

This article has been updated to reflect the time of the announcement. AUSTIN (Nexstar) – Texas Governor Greg Abbott will release details of his plan on Friday to revive the Texas economy amid the coronavirus outbreak. Abbott’s communications office confirmed the announcement on Wednesday, but did not immediately share additional details on the timing or […]

Texas economy

Governor Greg Abbott says reopening Texas economy will be a slow process

Gov. Greg Abbott said Monday that reopening the Texas economy will be a “slow process” guided by public health concerns as he continues to preview an upcoming executive order that will detail his strategy for getting business back to business in the ‘State. Abbott, who first hinted at his plans at a Friday press conference, […]

Texas economy

A rapid decline for the Texas economy – and for the state budget

Editor’s Note: If you would like to receive an email notification each time we publish Ross Ramsey’s column, click here. If you want to listen to the column, just click the play button below. At the start of every economic crisis, officials turn to their financiers to ask if things are going as badly as […]

Texas economy

A task force to examine how to restart the Texas economy after the shutdown

Policy // Texas politics Jeremy Wallace, Austin office April 7, 2020Updated: April 7, 2020 5:40 p.m. Texas Lt. Governor Dan Patrick speaks as Governor Greg Abbott listens during a press conference at the State Capitol on the state’s response to the coronavirus Tuesday, March 31, 2020, in Austin, Aus. Texas. (Nick Wagner/Austin American-Statesman via AP) […]

Texas economy

The plan to revive the South Texas economy

Part of dealing with a disaster is anticipating the consequences. That’s why now is the time for our strong and caring community to plan in detail how we safely bring back businesses large and small, and restore the jobs and families of workers in offices, oil fields, ranches, farms, restaurants and hospitality that are so […]

Texas economy

Comptroller Glenn Hegar discusses the impact of the coronavirus on the Texas economy

Texas Tribune Editor-in-Chief Ross Ramsey sat down with Texas Comptroller Glenn Hegar for a discussion on the impact of the novel coronavirus outbreak in Texas on the economy and workforce of State. Here’s a look at some of Hegar’s responses to questions posed during the interview. What’s happening to the state’s economy right now? Hegar […]

Texas economy

Keeping the Texas Economy on Track

For the past decade, Texas has been a job creation machine. In fact, during this period, jobs grew twice as fast here as in the rest of the country. When Governor Greg Abbott announced in January that Texas Commercial Facilities Magazine had named Texas “State of the Year” for 2019 – recognizing it as the […]