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Keyword: economyoil

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  • Texas strong: Economy remains resilient even as oil prices fall

    08/17/2015 12:52:19 PM PDT · by SeekAndFind · 14 replies
    CNN Money ^ | 08/17/2015
    <p>Some economists warned last year that Texas could slide into a recession in 2015 as oil prices tanked.</p> <p>Last week, prices hit a 6-year low to $42, down from $100 a barrel a year ago.</p> <p>But Texas added jobs in five of the first six months this year. The state's 4.2% unemployment rate has actually ticked down a little this year, and it's well below the nation's 5.3% rate, according to the Federal Reserve Bank of Dallas.</p>