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Home    Education    Legislative    Publications    Calendar    Sunbelt Builders Show    Resources July 26, 2011

Texas adds 26,000 construction jobs in past year
San Antonio Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Although construction employment has declined in 27 states between June 2010 and 2011, Texas has bucked the trend and added 26,000 construction jobs, an increase of 4.6 percent. In the past month, construction jobs dropped in 23 states between May and June, according to an analysis by the Associated General Contractors, using data released by the Labor Department. More

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Texas jobless rate for June reaches 8.2 percent
The Associated Press via The Brownsville Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Texas jobless rate has risen to 8.2 percent for June. The Texas Workforce Commission reported the state's metro unemployment figure is a full percentage point behind the June national jobless rate of 9.2 percent. Texas unemployment was 8 percent in May. More

Texas bucks national unemployment trend
USA Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Need a job? Move to Texas. Finding work may not be quite that simple, but it sure seems that way. While the nation's job growth has limped along since the economic recovery began two years ago, the Lone Star State is enlarging payrolls in Texas-size fashion. More

July 2011 US economic and housing market outlook
PRNewswire via MarketWatch    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Freddie Mac released its U.S. Economic and Housing Market Outlook for July showing the housing market, buffeted by a recovering rental sector, is unlikely to experience a "double dip" and will likely follow the performance of the overall economy for the remainder of 2011. Additionally, home sales are still projected to be up over 2010's pace by 3 to 5 percent. More

Report: Rick Perry plans to announce his presidential candidacy in late August
San Antonio Express News Texas on the Potomac Blog    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gov. Rick Perry is planning to launch his presidential campaign between Aug. 15 and Aug. 31, RealClearPolitics reports. Rumors that the Texas governor would announce in late August have circulated throughout the summer but the RealClearPolitics report is one of first to have specific dates — albeit in a two-week range — attached. Like most other reports about Perry campaign machinations, they attribute the report to unnamed sources who are familiar with a meeting of Perry donors in Austin last week. At the meeting, the sources said, key players in Perry's circle suggested late August for his official announcement. More

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Study: High regulatory costs for new homes another obstacle to housing recovery
NAHB    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A new paper from NAHB's Economics and Housing Policy Group finds that the hefty price home buyers are paying for government regulations represents just one more obstacle that home builders need to overcome in restoring the marketplace to normal conditions. More

Analysts expect Mexican drug violence to continue
Texas Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A prediction that one of the most notorious cartels operating on the Texas-Mexico border could soon meet its demise was premature, according to a new report on Mexican cartels. Instead, its authors caution that daily bloodshed may continue unabated. Though it's not expected to reach the record highs witnessed in 2010, this year's death toll in Ciudad Juárez is still expected to be in the thousands as multiple massacres continue as a weekly occurrence. At least 1,230 have been murdered there this year, and about 8,670 since 2008, according to local media reports. More

BP reports profit, but disaster still a drag on output
Fuel Fix    Share    Share on FacebookTwitterShare on LinkedinE-mail article
BP PLC reported lower than expected earnings for the second quarter as it struggled to lift production in the wake of the Gulf of Mexico oil spill. Although the actual costs of the spill diminished, the fallout from the disaster continued to weigh on output, down 11 percent from pre-spill levels. The company said the damage to its reputation could have a long-lasting impact on its prospects. More

Drought is taking toll on Texas aquifers
Fort Worth Star-Telegram    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The ferocious Texas drought is clobbering crops, thinning out cattle herds, decimating wildlife, and drying up streams and reservoirs, but it's also wreaking havoc deep underground, where the state's aquifers are dropping at a precipitous rate, experts say. The dip in groundwater levels is forcing many rural homeowners who depend on residential wells to spend $500 to $1,000 to have their pumps lowered or, worse, $7,500 or more to have deeper wells drilled. More

Woolley won't seek re-election to House
Texas Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
State Rep. Beverly Woolley, R-Houston, says her current term — her ninth — will be her last; she's not running for re-election next year. Woolley was a close ally of former House Speaker Tom Craddick, R-Midland, who in 2003 became the first Republican speaker since Reconstruction. Woolley stuck with Craddick in 2009 when he lost that post to Rep. Joe Straus, R-San Antonio, in 2009. More
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