Texas recovered from the 2008 crisis faster than much of the U.S. This time, with an oil-price bust and coronavirus, it’s likely to suffer an outsize contraction.
Texas had one of the best economic records of any U.S. state after the 2008 financial crisis. In this crisis, it faces the prospect of a deep and prolonged downturn.
The Lone Star State is exposed to many of the pandemic and shutdown’s economic ill consequences, with three cities—Austin, Houston and Dallas—home to an abundance of service-sector jobs, especially at risk. A downturn in the oil industry and other businesses big in Texas, including airlines and ports, will likely amplify its pain. Industry analysts expect the...
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Rattlesnake Roundup: A Texas Community TraditionEvery March, what's billed as the World's Largest Rattlesnake Roundup brings about $8.3 million to the local economy of Sweetwater, Texas. This year, organizers decided to still hold the festival on March 13-15.
Lire la suite »
Texas 'fully prepared' for coronavirus, does not see New York situation: governorTexas is fully prepared to meet hospital needs during the coronavirus pandemic and does not expect the kind of capacity problems facing New York, Governor Greg Abbott said on Friday.
Lire la suite »
Texas Rangers Prospect Suffers Gnarly Injury Slipping On Son's Toy, Out For YearBored as hell during quarantine? Hey, it could be A LOT worse.
Lire la suite »
Texas City Mandates People Wear Masks in Public or Face $1,000 FinesTexas city mandates people wear masks in public or face $1,000 fines
Lire la suite »
Texas City Mandates People Wear Masks in Public or Face $1,000 FinesThe mandate is reportedly the first of its kind in the United States.
Lire la suite »