According to a new study, the sluggish U.S. economy has sharply reduced illegal immigration from Mexico. From a high of 1,600,000 arrests in 2000, the Border Patrol last year arrested 327,000 – a low not seen since the early 1970s.
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Source: Quorum Report
Big drop in government jobs nearly eclipses gains in the private sector
October job figures for Texas are out today, showing job gains in the private sector more than offsetting losses in government jobs but not by much.
The private sector added 13,500 jobs last month but government payrolls …
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Texas continues to outperform the rest of the nation in job creation, according to the Real Estate Center’s (Texas A&M University) latest Monthly Review of the Texas Economy.
The state gained 271,400 nonfarm jobs from August 2010 to August 2011, an annual growth rate of 2.6 percent, compared with 1 percent for the United States. Texas …
Consider this an answer to some lackluster debate performances, and evidence that a certain governor’s jobs plan seems to be working just fine.
ShareThese companies want to come to Texas to enjoy its low taxes, low wages and little business regulation, said former UT professor and current Ohio State business professor Michael W. Brandl. “Corporations that relocate to Texas can instantly be more …
ShareDCI’s “Rating of the States” has consistently received intense attention from both the news media and the economic development community.
To determine which states are winning the “perception” contest, we asked survey respondents to name three states perceived as having the most favorable business climates in the United States. We also asked the same audience to select the three states they perceive as having the least favorable business climates among the 50 states.
ShareCorpus Christi received a welcome dividend from Gov. Rick Perry’s invitations to businesses in high-tax states to move to Texas. EDM Laboratories Inc. left Southern California because its owner was — to borrow from Perry’s anti-D.C. book title — “Fed up!” with that state’s high taxes. EDM’s presence here thus far amounts to only four employees. But FINALLY the city has lured a high-tech company that requires highly specialized skills that fetch commensurate pay. Also, it’s a manufacturer and therefore an exporter, which means genuine growth in the local economy. The company machines parts for aerospace and other high-tech applications. Its products range from too small to be seen without magnification to three tons. That’s cool, and for this community it’s a start.
ShareAmid huge corporate losses, massive job layoffs, government bailouts, unsustainable national deficit spending, state bonds rated as junk and discussions of states filing for bankruptcy, Texas stands out as a shining example of economic stability and growth.
ShareTexas is the heavyweight champ among states in luring businesses and it’s likely to keep the title by treating California like a punching bag. The beating has started to prompt some soul searching in California’s capital, where heaping scorn on Texas is routine, and may gain wider attention in the near term should Governor Rick Perry, Texas’ most prominent salesman, join the field of Republican presidential contenders. Longer term, California risks more companies turning to Texas or other states, more trouble for a job market already weakened by the recession and the housing bust. Some executives say California has only itself to blame.
ShareA key Federal Reserve official said today there is a ‘good chance’ that even if Congress and the President agree on a strategy to raise the country’s borrowing limit, that the U.S. will still face a downgrading of it’s credit rating, 1200 WOAI news reports.
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