Economic Woes Trickling Down to Texas, But Recovery Will Come
Statewide, the deterioration in the state’s fiscal health will be a big issue this year as sales tax revenues are down – which impacts everything from school funding to the Legislative budget.
Earlier this year, McGraw-Hill Construction hosted its Outlook 2010 Industry Forecast and Trends executive conference in Irving. McGraw-Hill Economic Affairs Vice President Robert Murray indicated that statistics show a mixed picture. The corner is being turned, but it’s not enough traction that recovery is certain.