BEA: Texas Export Trade Up 34% In 2021
11 Jan 2022
November 2021 export trade data, released in January by the Bureau of Economic Analysis (BEA), shows Texas’s export trade for the month soared 48% compared with November 2020, while year-to-date trade was up 34%. For the entire United States, both monthly and year-to-date export trade increased 23%.
The raw numbers for Texas are even more impressive. November 2021 international trade totaled $34.9 billion, up from $23.6 billion a year earlier, and year-to-date output reached $339.8 billion, compared with $253 billion for the same period in 2020.
Expect intermittent roadway and sidewalk closures along the TEXRail corridor beginning Jan. 12. That’s when Oncor Electric and contractor Southeast Power will begin installing fiber-optic cable along Oncor’s transmission line, from Kimball Avenue to Texan Trail, according to a city of Grapevine Facebook post. The project is slated...
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Economic development strategic planning is on the minds of most economic developers. Every community will be facing a need to rebuild its local economy as we begin to emerge from the pandemic in 2022. But even in the best of times, only three things can happen to any economy: It...
Meredith Ellis harbors no illusions when it comes to the demands of running a cattle ranch. As she offers me a cozy blanket to keep warm during our “buggy” ride on her Kawasaki Mule around her family’s three-thousand-acre G Bar C Ranch on a crisp December morning, she tells me...