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Texas lost nearly 60,000 oil and gas jobs in 2020, trade group says

Texas lost nearly 60,000 oil and gas jobs in 2020, trade group says

by Henry Strother | Feb 6, 2021 | Business

Nearly 60,000 oil exploration and production jobs in Texas were lost in 2020, a staggering figure that underscores the deep industry wounds caused by the global pandemic and oil crash. Employment in Texas’ oil drilling and extraction sector fell by more than a quarter...
COVID-19 has given Dallas-Fort Worth one of the highest office vacancies in the nation

COVID-19 has given Dallas-Fort Worth one of the highest office vacancies in the nation

by Henry Strother | Feb 6, 2021 | Business

The area ranked among the U.S. markets with the largest share of empty office space at the end of 2020. The COVID-19 pandemic that has stalled office leasing has given Dallas-Fort Worth one of the highest office vacancy rates in the country. At the end of 2020, D-FW...
Report Says San Antonio is Most Stable TX Rental Market

Report Says San Antonio is Most Stable TX Rental Market

by Brant Foy | Feb 5, 2021 | Business

The San Antonio Apartment Association issued a state-of-the-industry report, including insights into local economic data driving rental housing trends and forecasts, construction and development activity, and pandemic impacts. According to San Antonio-area economist...
Texas is tops in the U.S. for commercial development impact

Texas is tops in the U.S. for commercial development impact

by Melody Meadows | Feb 4, 2021 | Business

Commercial real estate projects supported more than 428,000 Texas jobs last year. Even with the pandemic, commercial real estate development contributed more than $65 billion to the Texas economy in 2020. That’s more than any other U.S. state, according to an annual...
Kudos To These Texas Businesses: They Made The ‘World’s Most Admired’ List

Kudos To These Texas Businesses: They Made The ‘World’s Most Admired’ List

by Melody Meadows | Feb 4, 2021 | Business

Not that we’re all that surprised that so many Texas companies made their way to the World’s Most Admired List of companies published by Fortune Magazine. After all, Texas does many things very, very well–including and especially business. Still,...
Comerica Incorporated (CMA) Rises 1.73% for February 03

Comerica Incorporated (CMA) Rises 1.73% for February 03

by Brant Foy | Feb 4, 2021 | Business

Comerica Incorporated is a Comerica is a financial services company headquartered in Dallas. It has three major business segments: the business bank, the retail bank, and wealth management. Among the biggest risers on the S&P 500 on Wednesday February 03 was...
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