Wednesday, March 24, 2010

Texas Beats Other States out of Recession

March 22 (Bloomberg) -- Texas, the second-most populous U.S. state, is among the first to emerge from the recession that began in December 2007 as job growth returned sooner, Comerica Inc. said in a report.

The Texas economy followed other states into the worst economic slump in the U.S. since 1930s, bottomed in September 2009 and the Texas economy began growing, five months before job growth hit bottom for the rest of the country, according to the report today by Dana Johnson, the chief economist at the Dallas-based bank.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aV5B8K80bQaU

Good policies have produced prosperity in Texas - stay tuned for more information on how Texas is Number One and deserves the designation "Lone Star Strong"...www.LoneStarStrong.com

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