Overview The U.S. Bureau of Labor Statistics provides Texas’ labor market data to examine how people are doing across the state.  Figure 1. Texas Labor Market by Industry Source: U.S. Bureau of Labor Statistics Figure 2: Real Gross Domestic Product…

Highlights Figure 1: Real Average Weekly Earnings Remain Down 4.2% Since January 2021 Source: Fed FRED Labor Market The Bureau of Labor Statistics recently released its U.S. jobs report for February 2024, which was another mixed report with some strengths…

Highlights Figure 1: Real Average Weekly Earnings Remain Down 4.4% Since January 2021 Source: Fed FRED Labor Market The Bureau of Labor Statistics recently released its U.S. jobs report for January 2024, which was another mixed report with some strengths…

While the Texas economy continues to be one of the best in the country, the state must not rest on its laurels. This is because other states are becoming more competitive, and recent efforts by the Texas Legislature have headed…

Social Media Shines a Spotlight on Joe Biden’s Economic Falsehoods In the nearly three years of his presidency, Joe Biden has left a trail of known failures and questionable (and often nonsensical) statements. That legacy continued recently when, not once,…

It is that time of year again; the Holiday season is  upon us.  As we observe Thanksgiving this week, Americans across the country will travel and come together, with family and friends, to celebrate.  As we gather around the Thanksgiving…

The Federal Reserve holds interest rates at current levels, but the future outlook is more uncertain. At their September meeting held last week, The Federal Reserve’s “Federal Open Markets Committee” (FOMC) declined to increase Federal Funds Interest Rates further and…

Rate Hike Speculation and Recession Concerns for 2024 On Tuesday and Wednesday of this week, the Federal Reserve’s Federal Open Market Committee (FOMC) will meet to discuss the state of the US economy, the ongoing threat of inflation, and possible interest…

The US economy under President Biden continued its mellow pace in August, as Americans continued to strain under the burdens of record inflation, rising interest rates, and economic uncertainty.  The U.S. Bureau of Labor Statistics released its raw jobs report…

It has now been more than three years since governments across the country forced us into an artificial recession in response to COVID-19, interrupting some of the greatest economic growth and prosperity under President Trump that America had seen in…