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What's going on with the economy and is recession still coming? Don Lee. February 9, 2023 at 7:00 AM ... Texas, another home to many tech firms. With inflation and a tight job market, shouldn't ...
The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.
In June 2023, the New York Fed’s model — which calculates recession probabilities based on the yield spread between 10-year Treasury bonds and three-month bills — estimated a 70% chance of a ...
Texas Governor Greg Abbott and some other politicians initially said renewable energy sources were the cause for the power outages, citing frozen wind turbines as an example of their unreliability. [47] Viral images of a helicopter de-icing a wind turbine said to be in Texas were actually taken in 2015 in Sweden. [48]
If history is any indication, that rise likely points to a recession. "There has never been a case over the past 50 years where this metric has increased by more than 0.20 percentage points ...
That may be why there's a rabid interest in projecting when the next recession will come. The benefits of such a call vary. It can help, or hurt, political parties amid an election year. It can ...
The updated comptroller’s report raises the amount of revenue available to the state over the 2024-25 cycle to $194.6 billion.
Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]