Economist: Austin area to add 45,000 new jobs in next two years
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By Kirk Ladendorf
Austin’s puny job recovery over the past two years will accelerate into faster job growth this year and next, economist Angelos Angelou said in his 26th annual forecast event Thursday.
The CEO of Angelou Economics forecast 45,000 new jobs will be added to Austin’s five-county metro area in 2012 and 2013, more than doubling the …
Rainy day fund could reach $7.3B
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By ENRIQUE RANGEL
AUSTIN — Thanks to a rebounding economy, the Economic Stabilization Fund grew from $5 billion to $6.1 billion since last year, according to the state’s chief revenue estimator. And if this robust growth continues, by the end of Fiscal Year 2013 the savings account should grow to $7.3 billion, a 19.7-percent increase.
“The Texas economy …
Texas becomes a battleground in Keystone XL pipeline controversy
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BY DAVE MONTGOMERY
AUSTIN — The politically volatile Keystone XL pipeline is becoming embroiled in a widening controversy in Texas as supporters tout the promise of jobs and other economic benefits while increasingly vocal opponents say the project would trample property rights and endanger water supplies in East Texas.
Although President Barack Obama rejected the application by …
Texas’ Trillion-Dollar Economy among Nation’s Fastest-Growing
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According to a recent analysis of federal data by the investor news site 24/7 Wall Street, Texas ranked among the nation’s 10 fastest-growing state economies between 2000 and 2010, finishing with a gross domestic product (GDP) of $1.1 trillion. Texas was the only one of the 10 largest states to register in the top 10 …
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