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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (591531)10/27/2010 7:35:21 AM
From: Brumar89  Read Replies (1) | Respond to of 1579999
 
Tejek, that story notes that TX is recovering from the recession faster, not that it hasn't shared the national recession. Pointing out that TX economy has performed and is performing better than most other states, doesn't mean there's no recession nor any budget challenges.

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The Texas economy, the world’s 11th-largest, continues to fare better than those of many other states. But Texas felt the effects of the worldwide recession during 2009. The state is emerging from the recession more quickly than the nation, but the pace of recovery is slow.
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•For fiscal 2010, state sales tax receipts were down 6.6 percent from fiscal 2009.
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texasahead.org