Campaign Update

10 Best States for Making a Living

April 19th, 2011
www.money-rates.com
By: Richard Barrington
Things are tough all over, right? Well, not really. While the job market is still pretty weak overall, the truth is that conditions vary greatly from state to state. For example, in February of 2011, the unemployment rate was 13.6 percent in Nevada, but only 3.7 percent in North Dakota. On top of that, MoneyRates.com found significant differences in a number of other job-related factors as well, and an analysis of these factors cumulated in a list of the best states for making a living.

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Californians in Austin seeking remedies for their state's deep budget funk

Thursday, April 14th, 2011
Austin American-Statesman
By: Kirk Ladendorf
A delegation of California lawmakers came to Austin on Thursday looking for answers on how to stem their state's massive job outflow. The bipartisan group included a dozen state officials, among them Lt. Gov. Gavin Newsom, who have traveled to Texas looking for new ways to bolster the troubled economy in their own state.

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Perry: Let's cut spending before we try to raise revenue

Thursday, April 14th, 2011
Houston Chronicle
By; Associated Press
AUSTIN — Gov. Rick Perry is taking a dim view of efforts to raise more money for the strapped Texas budget. Perry said Thursday that lawmakers should focus on cutting programs, not hunting for additional money.

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Texas could add 374,000 jobs this year, Dallas Fed economists say

Thursday, Mar. 10, 2011
Star-Telegram
Scott Nishimura
Federal Reserve Bank of Dallas economists said Thursday that Texas could add 261,000 to 374,000 jobs this year, growing between 2.5 and 3.5 percent, based on movements in leading indicators. At that pace -- Texas jobs are already growing about 2.5 percent annually -- the state's unemployment rate could drop to 7 percent by year's end, economists Keith Phillips and Emily Kerr said in the bank's latest edition of Southwest Economy. Separately, the Texas Workforce Commission said the state added 44,100 jobs in January from a month earlier, moving to just under 10.5 million. The growth was led by trade, transportation and utilities.

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Texas tops U.S. for corporate expansions

Date: Wednesday, March 2, 2011, 8:31am CST
Austin Business Journal - by Christine Hall, Houston Business Journal
Texas topped a list of U.S. states with the most new and expanded corporate facilities, receiving the 2010 Site Selection Governor’s Cup in the process. With 424 new or expanded corporate projects, the Lone Star State had a 50-project increase over its second-place finish in last year’s contest and dethroned Ohio, which had won the previous four Governor’s Cups. Ohio had 376 projects in 2010.

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Texas ranks first for business expansion

Published 05:30 p.m., Tuesday, March 1, 2011
By William Pack
Texas claimed 424 business expansion projects in 2010, enough to win the Site Selection Governor's Cup for the year, Site Selection magazine said Tuesday. Texas' 2010 count for new and expanded corporate facilities was 50 percent larger than the number it recorded in 2009 and beat Ohio, the second-place finisher in 2010, by 48 projects.

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Texas factory activity picks up in February

Published 28 February 2011 10:29 AM
Dallas News
By BRENDAN CASE
Texas factory activity picked up in February after a sluggish showing the previous month, the Federal Reserve Bank of Dallas said Monday. The production index of the Dallas Fed’s monthly manufacturing survey rose to nearly 10, suggesting expansion.

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Texas Study Stresses Economic Progress Through Art

January 30, 2011
Texas Tribune
Reeve Hamilton
Creative industries — from advertising to dance companies to book publishing — generate $4.5 billion per year in economic activity for Texas. To highlight that fact, the trust, in association with the Texas Commission on the Arts, is releasing a new report this week, prepared by TXP Inc., an Austin-based consulting firm, and paid for with federal stimulus dollars.

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PERRY: Texas will fight back

November 30, 2010
Gov. Rick Perry
<big><big><b>We won't stand by while Mexican border violence kills</b></big></big> Embroiled in an ongoing clash between rival drug cartels, the region of Mexico directly across the border from Texas has become one of the most dangerous places in the world, with more than 28,000 people killed since 2006, a death toll more reflective of a war zone than a nation ostensibly at peace. Wishful thinking won't keep such an overwhelming explosion of violence from creeping farther north, so we must consider all our options as we determine the best way to protect our communities. It all begins with a strong border, and a border is only as strong as the forces protecting it.

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Texas dominates economic recovery rankings

November 30, 2010
San Antonio Express-News
David Hendricks
Four Texas metropolitan areas — Houston, Austin, Dallas and San Antonio — dominate the top 15 U.S. cities in a global study to determine the level of cities' recovery from the recession. The Brookings Institution Metropolitan Policy Program report ranks 150 cities: 50 in the United States, 50 in Europe and 50 in the rest of the world. Austin was the highest-ranked U.S. city and No. 26 in the world. Dallas ranks as the No. 4 U.S. city and No. 39 in the world. San Antonio ranks No. 11 in the U.S. and No. 51 in the world. Houston is ranked No. 15 in the U.S. and No. 61 in the world, according to the report, Global MetroMonitor, which received assistance from the London School of Economics and Political Science. San Antonio, Houston and Dallas rose in global rankings during the past two years from their pre-recession rankings. Austin stayed about the same, ranking No. 25 among the 150 metro areas before the recession. The report found that income and job growth in metro areas exceed those of their nations as a whole, which means large cities are leading the global recovery from the 2007-09 recession.

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