Texas Boasts More Jobs Than Last Year

Texas Boasts More Jobs Than Last Year

COLLEGE STATION (Real Estate Center) – All Texas industries and the state’s government sector had more jobs in February 2013 than in February 2012.

According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the state’s construction industry ranked first in job creation, followed by mining and logging, leisure and hospitality, other services, professional and business services and trade.

The state’s economy was robust, gaining 355,600 nonagricultural jobs from February 2012 to February 2013, an annual growth rate of 3.3 percent compared with 1.5 percent for the United States. The state’s private sector added 336,800 jobs, an annual growth rate of 3.8 percent compared with 1.9 percent for the nation.

All Texas metro areas except Texarkana had more jobs. Odessa and Midland ranked first in job creation followed by Houston-Sugar Land-Baytown, Fort Worth-Arlington and Corpus Christi.

Texas’ seasonally adjusted unemployment rate fell to 6.4 percent in February from 7.1 percent the year before. The nation’s rate decreased from 8.3 to 7.7 percent.

The state’s actual unemployment rate was 6.5 percent. Midland had the lowest unemployment rate, followed by Odessa, Amarillo, Abilene, San Angelo and Lubbock.

According to a recent Wall Street Journal article, only 14 of the nation’s 100 largest metros have more jobs now than they did before the recession, and six of them are in Texas. They are Austin, San Antonio, El Paso, McAllen, Dallas and Houston.



COLLEGE STATION (Real Estate Center) – Natural gas drilling in Texas’ shale regions may be lucrative for mineral rights owners, but it can be a headache for landowners with surface rights who are unprepared to negotiate with pipeline companies.

On this week’s Real Estate Red Zone podcast, Real Estate Center attorney Judon Fambrough offers landowners tips on negotiating gas pipeline easements and walks them through the condemnation process.

Also, Bryan Pope and Edie Craig cover the latest real estate news out of Rockport, Pflugerville, Pharr, Houston, Dallas, Austin and Waco.

You can listen to the free podcast from your computer by going to recenter.tamu.edu/podcast and clicking the “play” button beneath each episode. To subscribe, click on the RSS feed found on the podcast page. You can also subscribe through iTunes and download each episode to your ipod.

Master Wellness volunteer training for Bexar County

Texas AgriLife Extension Service offers Wellness Training

The Texas AgriLife Extension Service in Bexar County will present its 2012 Master Wellness program volunteer training March 8-April 19 in Suite 208 of its San Antonio offices in the Conroy Square business complex, 3355 Cherry Ridge Dr.

Training will be 8:30 a.m.-5 p.m. on March 8, March 15, April 5 and April 19. The deadline for registration is March 2.

“Participants in Master Wellness program training receive 40 hours of health and wellness education,” said Dr. Connie Sheppard, AgriLife Extension agent for family and consumer sciences and Bexar County training coordinator. “Once they graduate, they’re required to give at least 40 hours of volunteer service back to the community.”

Sheppard said the training focuses on basic nutrition and dietary guidelines, food safety, health education, weight management, health and nutrition trends, food preparation, healthy lifestyle choices and children’s health. Instruction is provided by experts from AgriLife Extension, an educational outreach agency of the Texas A&M University System.

“This program provides training for volunteers who will go out in the community to give Bexar County residents objective, science-based information needed to make healthy lifestyle choices,” Sheppard said. “Volunteers are critical to helping us deliver our wellness programming to the community.”

She said some of the reasons people become Master Wellness volunteers include a desire to give back to the community, learn more about nutrition and wellness, and live a healthier lifestyle.

Sheppard noted that while health and wellness professionals are among the county’s current Master Wellness volunteers, the training is open to adults of all professional and non-professional backgrounds.

“Our volunteers also include social workers, homemakers, civic leaders, human resource managers, students and retired people,” Sheppard said. “All volunteers need is the desire to learn about health and wellness, and the ability to share with others in the community what they have learned.”

Master Wellness volunteers provide instruction to adults and youth in small group settings, such as community centers, service or volunteer organization locations, schools, churches and businesses.

The cost is $50, and participants receive a binder with copies of all training presentations, as well as healthy recipes to share with their community.

For more information, go to http://bexar-tx.tamu.edu/ or contact Sheppard at 210-467-6575 or csheppar@ag.tamu.edu.


Commercial Real Estate Market Podcast

Dr. Dotzour, Chief Economist at Texas A&M Real Estate Center, recently opened a bank account in Canada…


COLLEGE STATION (Real Estate Center, National Association of Realtors) – For those who have never heard Mark Dotzour talk, here’s your chance.

Yesterday the Center’s chief economist did a 30-minute webinar for the National Association of Realtors concerning the current state of the commercial real estate market.

Dotzour discusses the outlook for job growth in the next 12 months and what he describes as a “bipolar” commercial real estate market. He takes a look at the health of businesses and consumers in today’s economy.

He also discusses Fed monetary policy and refers to Ben Bernanke as a “warrior without ammunition.”

It is a fast-moving half-hour of insight and analysis for commercial real estate professionals.

To hear the webinar, click here.

For more Dotzour comments on the Fed’s “playbook,” read his blog post from yesterday.

The Real Estate Center is part of the Mays Business School at Texas A&M University in College Station – the heart of the Research Valley.


From College Station – Government Spending with a Purpose


COLLEGE STATION (Real Estate Center) – The debate over government spending and taxing policies continues to dominate headlines. Real Estate Center Research Analyst Gerald Klassen offers his perspective on the Center’s blog.

“Government spending and taxing policies should have nothing to do with political ideology,” Klassen writes. “They should have everything to do with attracting talented people and investment capital to the United States, for it is smart people and risk capital that create jobs and increase wealth. Citizens of other countries understand this well because they are competing to steal U.S. talent and capital.”

Klassen’s blog entry is posted on the Center’s website.