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Inflation pressures raising expectations for rate hikes
Economy
Published in 2-2-2019
    375 Visits
WASHINGTON - Inflation pressures appear to be building in the U.S. economy, a prospect that is heightening anxiety about potentially higher borrowing rates that could slow economic growth. The latest source of concern was a report Wednesday that showed a key measure of inflation rising in January by the sharpest rate in a year. The increase was led by higher prices for clothing, housing and auto i ...>>
Reference: www.chron.com
Lexus tops vehicle dependability study for 7th straight year
Economy
Published in 2-2-2019
    259 Visits
DETROIT - Lexus is the most dependable vehicle brand for the seventh consecutive year in J.D. Power's annual survey. Porsche, Buick, Infiniti and Kia round out the top five brands in the survey. The worst performers were Chrysler, Land Rover, Fiat, Jeep and Cadillac. The survey measures problems that vehicle owners experience after three years of ownership. For this year's survey, J.D. P ...>>
Reference: www.chron.com
Children's author Asher expelled from writer organization over harassment
Economy
Published in 2-2-2019
    24 Visits
NEW YORK - Best-selling children's author Jay Asher has been expelled from a prominent writers organization because of allegations about sexual harassment. Lin Oliver, executive director of the Society of Children's Book Writers and Illustrators, said this week that Asher had violated the society's harassment code. He was banned last year, but the news only came to light with the ri ...>>
Reference: www.chron.com
Tax overhaul may mean more acrimonious divorce negotiations
Economy
Published in 2-2-2019
    229 Visits
NEW YORK - President Donald Trump's tax law could make divorce an even more miserable experience, according to a new survey of the nation's top matrimonial attorneys. Almost two-thirds of respondents said they expect divorce negotiations to become more acrimonious following a change to the tax treatment of alimony, a poll by the American Academy of Matrimonial Lawyers showed. The new law ...>>
Reference: www.chron.com
8 things that will be more expensive in August
Economy
Published in 2-2-2019
    384 Visits

As the summer season starts to wind down, you'll find plenty of discounts from retailers that are trying to clear their shelves. But that doesn't mean you're going to score a great deal on everything you see.

Reference: www.chron.com
After Hurricane Harvey, Houston economy grows. But what about next time?
Economy
Published in 2-2-2019
    779 Visits

Regional economic indicators took a little dip last fall after the storm, but have otherwise resumed growth, supported by a healthy national economy and a recovering oil market. But the next storm may not be the same.

Reference: www.chron.com
Texas' robust economic expansion could be slowing
Economy
Published in 2-2-2019
    779 Visits

A slight decline in job growth and a cooling off of the Texas housing market may be signs that the state's robust economic expansion could be starting to slow, according to a report by the Federal Reserve Bank in Dallas.

Reference: www.chron.com
Texas unemployment falls to record low
Economy
Published in 2-2-2019
    670 Visits

The unemployment rate in Texas hit a historic low in October, plunging to 3.7 percent, as the state's employers boosted payrolls for a 28th consecutive month, according to government data.

Reference: www.chron.com
Dallas Fed revises down 2019 economic growth outlook for Mexico
Economy
Published in 2-2-2019
    435 Visits

The Federal Reserve Bank of Dallas downgraded its 2019 outlook for Mexico's economy amid falling export and industrial production and the falling value of the peso compared to the dollar.

Reference: www.chron.com
Recession worries dispelled by Herculean jobs report
Economy
Published in 2-2-2019
    481 Visits
Any fears of an impending recession were likely dispelled Friday after the Labor Department reported the biggest monthly job gains in more than two years and wages climbed the fastest in nearly a decade, showing that the near-record economic expansion still has plenty of momentum.
Reference: www.chron.com
Texas employment growth likely to slow in 2019
Economy
Published in 2-2-2019
    77 Visits

Employment in Texas is expected to slow considerably in 2019 due to falling oil prices, tariffs and trade uncertainties, according to an economist with the Federal Reserve Bank of Dallas.

Reference: www.chron.com
Texas reports strong GDP growth
Economy
Published in 4-3-2014
    830 Visits
While the energy industry contributed the most to economic growth in Texas, durable goods manufacturing - which includes the making of oil and gas field machinery - was also an important factor for the state. Sparsely populated North Dakota grew by 13.4 percent last year, led by energy exploration and production but also helped by strong growth in construction, wholesale trade and transportation ...>>
Reference: www.chron.com
Tax issues sock personal incomes in U.S., Texas
Economy
Published in 4-3-2014
    43 Visits
Personal income dropped 1.2 percent nationwide during the first quarter which ended March 31 -and dipped 0.9 percent in Texas during that same period - largely because of a couple of unusual tax-related circumstances, the U.S. Bureau of Economic Analysis reported Friday. The holiday - in which employees saw their portion of Social Security taxes cut from 6.2 percent to 4.2 percent during 2011 and ...>>
Reference: www.chron.com
Clothing and fuel send local price index higher
Economy
Published in 4-3-2014
    560 Visits
Area residents paid more for clothing, gasoline and college tuition and fees during the two-month period, the bureau reported. "Clothing prices are extremely seasonal, to say the least," said Cheryl Abbot, regional economist with the bureau in Dallas, referring to the 4.9 percent rise between July and August. The increase reflects higher prices for housing, electricity, natural gas and restauran ...>>
Reference: www.chron.com
Job growth decent for 2014
Economy
Published in 4-3-2014
    773 Visits
The Houston area is expected to create 65,000 new jobs next year, said Bill Gilmer, director of the Institute for Regional Forecasting at the University of Houston. That represents a year-over-year gain of 2.2 percent. Gilmer, who made his remarks at an annual economic forecasting luncheon Thursday that was attended by more than 800 business leaders, also predicted that the Houston area will end u ...>>
Reference: www.chron.com


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