On the Record: A Conversation with Charlie Amato - Texas Economy Remains Strong Despite Challenges
Charlie Amato is chairman and co-founder of Southwest Business Corp. (SWBC), a company with 17 lines of business including insurance brokerage, financial planning, employee benefits administration and mortgage servicing. Amato, who has more than 40 years of experience in all aspects of insurance operations, offers insights into issues the Texas economy faces.
On the record: outgoing D/FW Airport chief cites international growth as key to future
Jeff Fegan, chief executive officer of Dallas/Fort Worth International> Airport, is retiring after 19 years of leading what has become the> world?s fourth-busiest airport. He reflects on the facility?s evolution> and its impact as a driver of regional economic activity.
On the Record: A Conversation with Manoj Saxena - Artificial Intelligence Will Dramatically Affect Businesses
Manoj Saxena, executive chairman of CognitiveScale and a founding managing director of The Entrepreneurs? Fund IV, serves on the board of the Saxena Family Foundation and AI Global, a nonprofit dedicated to promoting artificial intelligence. He was the first general manager of IBM Watson, a pioneering machine-learning effort, and recently retired after six years on the board of the San Antonio Branch of the Federal Reserve Bank of Dallas.
Turbulent Economy Tests Texans Who Lack Financial Knowledge
Texans continue to trail the nation in financial literacy as measured by the National Financial Capability Study. The Legislature has taken steps to enhance personal finance instruction in a bid to improve performance.
Spotlight: health coverage misses many in DFW, Texas
The Dallas?Fort Worth metro area has a higher median income than Texas and a slightly higher median income than the U.S. as a whole (see chart). It recently ranked among the nation?s most attractive areas for job seekers. It even features prominently on lists of upper-income amenities such as shopping malls, spas and cosmetic-surgery expenditures per capita. Yet both Dallas and Tarrant counties feature uninsured rates that would rank among the top 10 states in the nation, with Dallas County?s 30.5 percent nearly double the national average.
On the Record: A Conversation with Mine Yücel - Shale Renews Excitement in Energy Industry
Mine Ycel, a senior vice president and research advisor at the Federal Reserve Bank of Dallas, leads the Research Department?s energy group. She joined the bank in 1989 and is a past president of the International Association for Energy Economics. She discusses the evolution of the energy sector, its role in Texas and her perspective as a female energy economist.
Less involuntary part-time work suggests Texas economic strength
Fed policymakers have closely watched part-time workers as an indicator of labor market health. While the ranks of involuntary part-timers have remained persistently high since the Great Recession?suggesting remaining labor market slack?the pattern has been less notable in Texas.
Texas Industrial Building Booms as Economy, Population Grow
A significant portion of Texas? recent construction activity has been industrial building, with Dallas?Fort Worth leading the nation and Houston among the top six markets. Burgeoning e-commerce, state population gains and an expanding export market have contributed to the growth spurt that has included increases in transportation and logistics employment.
Underemployment poses long-term financial risk to more workers
The underemployed and the discouraged?those who have given up trying to find work? are additional indicators of labor dislocation.
On the record: a conversation with Annise Parker - playing to Houston’s strengths: internationalism, energy, innovation
Annise Parker?s six years as Houston?s 61st mayor concluded in January. She was previously city comptroller and served on the city council. Parker, a second-generation Houstonian, earlier spent 20 years in the energy industry. She reviews her time in public service and the challenges Texas? largest city confronts.