Texas capital

Texas Capital Bank Named America’s Most Trusted Bank

DALLAS, March 23, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), is honored to announce that it has been appointed to Newsweek’s list of America’s most trusted companies 2022 and is the nation’s most trusted bank. This prestigious award is presented by Newsweek and […]

Texas economy

UTSA Institute for Economic Development Added $3 Billion to Texas Economy in 2021 | UTSA today | UTSA

“IED is a critical part of UTSA’s knowledge business and its $3 billion economic impact for the State of Texas is staggering,” said Bernard Arulanandam, UTSA Vice President for Research, Economic Development and Knowledge Enterprise. “Combining this milestone with the broader and ever-evolving UTSA innovation ecosystem and focus on technology disclosures, patents and proofs of […]

Texas economy

US inflation highest in 40 years, East Texas economic experts warn there’s no respite in sight

TYLER, Texas (KLTV) — From groceries to the gas station, and just about everything in between, Americans are feeling the pinch of inflation. Earlier this month, the Labor Department said consumer prices jumped 7.5% last month from a year earlier, the biggest year-over-year increase since February 1982. Measured from December to January, inflation was 0.6%, […]

Texas economy

Federal aid helps border keep pace with Texas economy during pandemic crisis

Regional Jesus Cañas, Pia Orrenius and Juliette Coia March 01, 2022 Communities along the Texas-US border suffered a series of economic blows beginning with the arrival of COVID-19 in March 2020. Challenges included high infection and death rates, a closure of ports of entry and a collapse in trade. However, subsequent U.S. pandemic relief policies […]

Texas economy

Russo-Ukrainian War: What it could mean for the Texas economy

State senator calls for probe into Texas investments in Russian Federation as state braces for windfall oil and gas revenue DALLAS — If the State of Texas has invested money in the Russian Federation, Texas State Senator Paul Bettencourt wants it all. Yesterday. “We need to investigate because, quite frankly, any money in the Russian […]

Texas economy

Abbott shines light on Texas economy and appeals to Tyler voters at Smith County Republican Party fundraiser

TYLER, Texas (KETK) — Governor Greg Abbott visited Tyler on Tuesday night and spoke about the Texas economy, the border, and the state’s fentanyl crisis. Abbott delivered a keynote address after 7 p.m. at the Smith County Republican Party’s Lincoln Reagan Dinner. The event was part of the Keep East Texas Red fundraiser which benefits […]

Texas markets

DuClaw Brewing Company expands to major Texas markets

Baltimore, Maryland- In an effort to expand its distribution network, DuClaw Brewing Company has just announced its expansion into Texas markets including San Antonio, Austin, Dallas, Fort Worth and Houston. This follows DuClaw’s growing footprint, which has expanded to 14 states over the past five years. “With careful preparation, we are ready […]

Texas economy

Texas economy sees mixed recovery as service sector growth slows

As Texas’ economy continues to recover amid the grueling coronavirus pandemic, there are signs that the state’s service sector still faces challenges. This is the result of a new survey from the Federal Reserve Bank of Dallas indicating that the performance of the services sector fell considerably in January. However, manufacturing activity in the state […]

Texas markets

Four Texas markets pace the country in retail recovery

Texas is home to four of the country’s major metropolitan areas within its border, and these four markets – Dallas-Fort Worth, Austin, Houston, and San Antonio – differ from each other in terms of industries, cultures, and locations. leading stories. But right now, all four share a trend in common: strong retail markets signaling a […]

Texas economy

TWC Commission: “The Texas economy is on fire” |

Texas Labor Commissioner Bryan Daniel gave an insightful presentation detailing the current state of the Texas workforce, how TWC responded at the height of the pandemic, and outlined the state’s economy as “on fire” during the “Quarter 1 Industry Inclusion Luncheon” hosted by the Kerr Economic Development Corporation last week at Schreiner University. Daniel dissected […]

Texas economy

Labor and economic experts discuss how the Texas economy has adapted during the pandemic

Year 3: COVID and the economy Are you having trouble viewing? Watch this video on texastribune.org. Although Texas’ economy has largely recovered from the COVID-19 pandemic, the state is still experiencing a child care staffing crisis, forcing working parents to continue to stay home with their children. children, said Alfreda Norman, senior vice president of […]

Texas economy

Texas economy ‘soars’ for omicron as some California businesses voluntarily close

Find out what clicks on FoxBusiness.com. Texas’ the economy is “booming” with no signs of slowing as businesses in other states like California voluntarily close during the surge in cases. “With Christmas shopping boosted by the early start of the holiday promotional pricing weeks ahead of Black Friday, and despite supply chain lockdowns and household […]

Texas economy

‘Booming’ Texas economy sets monthly high in sales tax collections for third straight month

AUSTIN (Reuters) – Texas imposed more sales taxes than ever before in December, setting a new monthly record for the third month in a row as businesses and consumers sent in “rising” receipts from all major sectors of the state’s economy, Comptroller Glenn Hegar said Monday. Retail spending grew most strongly in electronics, appliance and […]

Texas economy

Texas economy continues to rebound, though recovery is mixed

Amid coronavirus variants and supply chain issues, Texas’ economy continues to rebound, though the recovery is mixed. The state’s manufacturing sector saw growth in December, while several sectors in the service sector showed a slower pace of acceleration this month, according to new surveys from the Federal Reserve Bank of Dallas. The Dallas Fed surveys […]

Texas markets

Transwestern opens business parks in two North Texas hot markets

Construction is underway on huge business parks in two of North Texas’ hottest markets – McKinney and North Fort Worth. Both industrial campuses are projects of Transwestern Development Co. Its nearly one million square foot McKinney Industrial and Office Park is adjacent to McKinney National Airport and will be used to attract business to the […]

Texas economy

Ray Perryman: The Long-Term Prospects for the Texas Economy | Columnists

The COVID-19 pandemic has caused significant economic disruption, but the Texas economy continues to recover. Recently released October data indicates that Texas’ seasonally adjusted unemployment rate continues to decline and now stands at 5.4%. Texas added 56,600 jobs for the month and is nearly back to pre-pandemic levels. While issues such as supply chain challenges […]

Texas economy

The Texas economy is booming; East Texas is a big reason why

TYLER, Texas (KETK) – As the country recovers from the cost of the pandemic, our state’s economy is booming. Texas has won the title of “Best State for Business” for the 17th consecutive year. This means businesses here on the Loop and throughout East Texas are seeing an increase in investment that will strengthen our […]

Texas economy

The long-term outlook for the Texas economy

The COVID-19 pandemic has caused significant economic disruption, but the Texas economy continues to recover. Recently released October data indicates that Texas’ seasonally adjusted unemployment rate continues to decline and now stands at 5.4%. Texas added 56,600 jobs for the month and is nearly back to pre-pandemic levels. While issues such as supply chain challenges […]

Texas economy

Ray Perryman: Powers Transformed Texas Economy | Columnists

My dear friend, Pike Powers IV, recently succumbed to Parkinson’s disease after a courageous struggle. Beyond the Austin area you may not recognize his name, but he changed your life. He was the most powerful force in making Texas an international technological powerhouse. Its impact is unprecedented and we are all beneficiaries. In the early […]

Texas economy

Moving Production of ‘Fear the Walking Dead’ Deal a Blow to Central Texas Economy

“Lost”‘s Maggie Grace stars in season 4 of “Fear the Walking Dead” as new character Althea, who makes a hell of an entrance in a vehicle with a connection to San Antonio – a Bexar Country SWAT truck with plenty of power of fire.Richard Foreman Jr./AMC One of Central Texas’ biggest television productions is DOA. […]

Texas economy

Texas economy cannot function without immigrant workers

Freshman construction giant Marek Brothers sponsored an internship with high school students in Texas, 18 of the 25 participating students graduated and had $35,000-a-year jobs awaiting them. They went to their high school classes until noon, then were bussed to a Marek-funded construction lab at a community college. But it wasn’t until the end of […]

Texas economy

Texas economy will be fine without oil and gas, with green energy jobs: Dallas Fed

Texas has slowly moved away from oil and gas, but its economy continues to outperform. The Dallas Fed has said that in the long term, renewable energy will not dampen economic growth. Texas could be a model for what the entire US economy might look like as it transitions to green energy. Loading Something is […]

Texas markets

Privia Health Announces Entry into California and West Texas Markets

Expands national supplier network with over 430 new suppliers in California and Texas ARLINGTON, Va., Oct. 18, 2021 (GLOBE NEWSWIRE) — Privia Health Group, Inc. (Nasdaq: PRVA), a national technology-driven physician enablement company that works with medical groups, health plans and of Health Systems, today announced its entry into the California market and the expansion […]

Texas economy

Governor Abbott Praises Texas Economy and Business Climate at Greater Beaumont Chamber of Commerce Annual Meeting | Texas Governor’s Office

October 12, 2021 | Austin, TX | Press release Governor Greg Abbott spoke today at the annual meeting of the Greater Beaumont Chamber of Commerce. During his remarks, Governor Abbott extolled the strength of the economy and the business climate in Texas and thanked the Greater Beaumont Chamber of Commerce for its tremendous work in […]

Texas economy

‘Inadequate’ COVID protections hurt Texas economy

TEXAS — The recent surge in COVID-19 cases is not only hitting the state in terms of lives lost, but it’s impacting the Texas economy. That’s according to a new report from the Perryman Group, an economic research and analysis firm in Waco. What do you want to know Recent spike in COVID-19 cases is […]

Texas economy

Massive corporate relocation is fueling Texas’ economy and housing boom

“Six of the ten fastest growing US counties are here in the Lone Star State. There’s no better time to buy property in Texas than right now…’ HOUSTON, July 29, 2021 /PRNewswire/ — White Commercial Real Estate (WCRE) has highlighted its unique role in helping investors capitalize on the resurgence of Texas economy, recently featured […]

Texas economy

Massive corporate relocation fuels Texas economy and housing boom

HOUSTON, July 29, 2021 /PRNewswire/ — White Commercial Real Estate (WCRE) has highlighted its unique role in helping investors capitalize on the resurgence of Texas economy, recently featured in a glowing public review by Texas governor, Greg Abbott. Like the 9and largest economy in the world by GDP, Texas remains positioned for greater economic expansion […]

Texas economy

Texas economy buzzes as COVID-19 ebbs, giving lawmakers more to spend, Comptroller Glenn Hegar says

AUSTIN — Comptroller Glenn Hegar released a revised revenue estimate Wednesday that gives lawmakers at least $7 billion more for discretionary state spending either in the special session that begins Thursday or when they return for the regular session of 2023. To spend it in the special session, the Legislative Assembly would have to apply […]

Texas economy

Texas economy on course for post-pandemic recovery

Several economic indicators, including employment rates, indicate the state’s economy is starting to rebound from the pandemic, according to a report from the Texas Real Estate Center. Getty Images Texas’ economy initially suffered more economic losses from the COVID-19 pandemic than from any previous crisis, according to Luis B. Torres, research economist at Texas A&M’s […]

Texas economy

What does the Colonial Pipeline cyberattack mean for the Texas economy?

AUSTIN (KXAN) — An extended shutdown of the Colonial Pipeline — shut down after falling victim to a ransomware attack on Sunday — could have ripple effects on the Texas economy, energy experts say. Colonial Pipeline Stretching 5,500 miles from Texas to New Jersey, the Colonial Pipeline is the largest in the United States and […]

Texas economy

Uncertainty for the Dreamers is costing my business and the Texas economy

“Juan” was a bright young man who started working for my company as a packing logistics clerk right out of high school, earning money to support his family and pay for his education. He caught on quickly and quickly became one of the most effective members of my team. I called him to discuss a […]

Texas markets

Top Texas Markets for Multifamily Development

Texas officials have deemed construction essential during the pandemic, urging developers to build big, albeit at a slower and more cautious pace. And while the health crisis has caused a temporary slowdown in deliveries, the Texas multifamily market has shown resilience like no other market has. According to Yardi Matrix data, some 6,300 units have […]

Texas economy

“Do you have any milk? : dairy products are a major economic factor in the economy of Texas | Herald of Copperas Cove

‘Have milk?’ It’s a popular campaign slogan that families across the country and in Texas regularly ask for as the need for the drink increases. According to the Texas Association of Dairymen, 351 Texas Grade A Dairies, with about 586,395 cows, produced more than 14.8 billion pounds of milk, or more than 1.7 billion gallons, […]

Texas economy

Arts and culture industry generates $6.1 billion for Texas economy, study finds

AUSTIN, TX, March 24, 2021 /PRNewswire/ — The Texas Cultural Trust (TXCT), a nonprofit organization dedicated to maintaining and increasing support for a vibrant community Texas where the arts foster economic growth, creativity and excellence, today announced the results of a study by leading researchers. The 2021 State of the Arts Reportsupported by the Houston […]

Texas economy

Texas economy adds 32,600 jobs in January, unemployment rate remains at level

Austin, TX, March 12, 2021 — The state’s unemployment rate held steady at the turn of the year while Texas added 32,600 private sector jobs. This is half of the gross jobs added in December 2020. Texas’ seasonally adjusted total unemployment for January 2021 is set at 958,746. Data from local unemployment statistics The unemployment […]

Texas markets

Review of 2020’s impact on three Texas markets – REJournals

What year. The pandemic, civil unrest, a shrinking economy, falling oil prices and more have all had varying impacts on Texas markets. With everyone eager to get out of 2020, what’s the real estate outlook for the state’s largest metros in 2021? Dallas-Fort Worth Michael Caffey According to Michael Caffey, President, Advisory Services, Central-South and […]

Texas markets

Local Business Brings Alaskan Fish to Central Texas Markets

Coho salmon is a popular product for Savory Alaska. (Taylor Girtman/Community Impact Journal) When a customer buys a piece of fish from Savory Alaska, they are supporting a family business in Leander as well as small businesses 2,600 miles away in Alaska. Owners Nathanael and Sarah Ferguson started their business, Savory Alaska, in 2018 to […]