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Old 03-02-2010, 05:06 PM
 
Location: Midessa, Texas Home Yangzhou, Jiangsu temporarily
1,507 posts, read 2,609,901 times
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Default Texas to lead way out of recession

It looks like all of the metro areas of Texas are expecting to have increases in jobs in 3rd qtr. 2010 over 3rd qtr. 2009. The only exceptions are Beaumont and Lubbock. Beaumont is not much of a surprise, but what is happening to Lubbock? It usually weathers recessions pretty well.

How jobs growth forecast was done - USATODAY.com
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Old 03-03-2010, 06:30 PM
 
1,473 posts, read 1,565,439 times
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This seems to paint a somewhat different picture of Lubbock:

Lubbock economic index pointing up | AVALANCHE-JOURNAL
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Old 03-03-2010, 09:40 PM
Status: "Happy Weekend!" (set 2 days ago)
 
Location: Suburban Dallas
35,422 posts, read 17,949,012 times
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Everybody in Texas will be fine. America's recovery will take some time, of course, but Texas has never really been way down like other states. We're strong here, and as I've said before, it is by design.
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Old 03-04-2010, 11:20 PM
 
Location: Long Beach
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That's b/c your entire state's economy is based on oil trade. When we pay more at the pump you guys just do great!
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Old 03-05-2010, 08:09 AM
 
337 posts, read 349,444 times
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Lubbock never really lost the jobs other parts of the state/nation did to begin with, so there's less room for "recovery." As of yesterday, Lubbock had the 2nd lowest unemployment rate in the state and the 19th lowest in the country. They have just weathered the recession better than most of the country to begin with.
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Old 03-05-2010, 09:15 AM
 
Location: Midessa, Texas Home Yangzhou, Jiangsu temporarily
1,507 posts, read 2,609,901 times
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Quote:
Originally Posted by lmkcin View Post
That's b/c your entire state's economy is based on oil trade. When we pay more at the pump you guys just do great!
Oil companies provide a product that is useful and valuable to many people. If you don't like the prices at the pump then stop buying gasoline.
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Old 03-05-2010, 10:47 AM
 
Location: Los Angeles California
10,367 posts, read 8,576,162 times
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Quote:
Originally Posted by lmkcin View Post
That's b/c your entire state's economy is based on oil trade. When we pay more at the pump you guys just do great!
I don't think that gasoline is really high priced when you take inflation into account. Americans will think nothing to pay $1 and some change for a 12 oz bottle of water, but freak out when they have to pay $2.50 for a gal of gasoline.
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Old 03-05-2010, 10:51 AM
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Location: San Antonio
14,266 posts, read 19,792,384 times
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The Fort-Worth Star-Telegram article below disagrees that the job-loss picture is rosy. You going to trust a New York newspaper article over a Texas paper?

Texas jobless rate stays same at 8.2 percent, but job losses are revised upward | Business... (http://www.star-telegram.com/2010/03/04/2016212/texas-jobless-rate-stays-same.html - broken link)
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Old 03-05-2010, 11:05 AM
 
Location: Midessa, Texas Home Yangzhou, Jiangsu temporarily
1,507 posts, read 2,609,901 times
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Quote:
Originally Posted by Bowie View Post
The Fort-Worth Star-Telegram article below disagrees that the job-loss picture is rosy. You going to trust a New York newspaper article over a Texas paper?

Texas jobless rate stays same at 8.2 percent, but job losses are revised upward | Business... (http://www.star-telegram.com/2010/03/04/2016212/texas-jobless-rate-stays-same.html - broken link)
NEW YAWK?! Heck no!
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Old 03-05-2010, 11:25 AM
 
Location: Long Beach
2,351 posts, read 1,347,504 times
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Quote:
Originally Posted by Lucidus View Post
Oil companies provide a product that is useful and valuable to many people. If you don't like the prices at the pump then stop buying gasoline.
Ohh ok! yeah I'll just stop buying gas for my car, or should the truckers and transportation people stop putting it in their trucks and trains too.

and to wehotex, you never buy just one gallon of gas, its usually 10 or 20.
When was the last time anyone paid 2.50 for a gallon.

Not withstanding the fact emmissions destroy the environment. When there is a viable alternative I will stop buy gas. But that won't happen so long as you people control the system.

you texans...pfft.
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