Columns

Capital Highlights

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The Texas Legislature sent a $248 billion two-year state budget to Gov. Greg Abbott after the House approved the measure last Thursday. The 140-day legislative session ended at midnight May 31. Senate Bill 1 is $13.5 billion less than the previous biennial budget, with the difference to be made up from COVID-19 relief funds from the federal government. As previously reported, Abbott plans to allow legislators to decide how to allocate those funds during a special session this fall. Lt. Gov. Dan Patrick has suggested a special session for this summer to address some of his pet bills, such as limiting the participation of transgender athletes in school sports, banning lobbyists paid with public funds and putting limits on social media’s power to restrict users. The Austin American-Statesman reported that Abbott called Patrick's proposal “pretty goofy,” however. Only the governor can call a special session and dictate the topics to be addressed.
Capital Highlights

The Outlook for the Texas Economy

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With COVID-19 cases continuing to fall and vaccination rates rising, things are beginning to feel a bit more normal. The economy is growing, and the outlook remains positive as the health crisis abates. Here’s a quick look at current conditions and our latest projections for business activity in the state.

The Wrong Answer

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Texas recently opted out of federal unemployment compensation related to the COVID-19 pandemic, including the $300 weekly supplement. The reason often given is that there are as many job openings as there are Texans receiving benefits, with the implication being that people will now be more eager to enter the workforce.

The Census Count

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Results from the 2020 Census are beginning to surface. These statistics are far more than a matter of interest. Not only is the number of representatives in the U.S. House tied to the count, but also funds from a variety of federal programs. Trends are also crucial to planning and decision-making across a broad spectrum. While the data is still being compiled and it will be a while before we know the full story (and the inevitable lawsuits that are often settled by adding more people), some patterns are emerging.

Let It Roar!

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In a few speeches and scribblings of late, I have noted that we appear on the cusp of a new Roaring Twenties, similar to that emerging a century ago in the wake of the Spanish flu (hopefully without any expectation that I will master the Charleston). That modest projection inevitably raises the question: "If we roar like the 1920s, will we then fall through the floor like the Great Depression of the 1930s?" The answer is quite simple – No!!

Teatime Manners

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If you were invited to “teatime” would you be confident to navigate the event? Let’s take a moment to polish up on our tea etiquette. First we must know the terminology – there are various types of tea parties: Afternoon Tea is served in the U.S.
Teatime Manners

Outlook for the U.S. economy

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The forecast for US economic recovery is improving. In March, 916,000 net new jobs were added across the nation, led by leisure and hospitality, education, and construction. The unemployment rate fell to 6.0%, and the number of unemployed dropped to 9.7 million. Overall, activity is in a much better place than the lows experienced in April 2020, though it has not yet recovered to pre-pandemic levels.

Terrell ISD Robotics Students Becoming the Workforce of the Future

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Students who are members of the Terrell High School and Furlough Middle School robotics teams have accomplished quite a feat – they have qualified for the VEX Robotics World Championship. Last year one of the middle school teams qualified for the World Championship, but it was canceled due to COVID. Now five teams – two from Furlough Middle School and three from Terrell High School – who qualified this year are going to compete in a first-of-its-kind live remote world championship in just a couple of weeks.
Terrell ISD Robotics Students Becoming the Workforce of the Future
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