Tag Archives: economy

SB6 is already costing us business

Posted on March 9, 2017 by Charles Kuffner

There will be lots more of this to come as it advances. Three groups — with meetings estimated to bring $3.1 million in total spending — no longer are considering the Alamo City for their events because of a bill … Continue reading →

Posted in That's our Lege | Tagged , , , , , , , , | Comments Off on SB6 is already costing us business

Global investors against SB6

Posted on February 23, 2017 by Charles Kuffner

From the inbox: Led by New York City Comptroller Scott M. Stringer and Trillium Asset Management, a group of some of the largest investors in the world, with a combined $11 trillion of assets under management, today spoke out against … Continue reading →

Posted in Bidness, That's our Lege | Tagged , , , , , , , , , , , | Comments Off on Global investors against SB6

Houston’s tourism business

Posted on February 14, 2017 by Charles Kuffner

People like to spend money here. In particular, people from Mexico like to spend money here. Mexicans are the largest group of international tourists who visit Houston – and recently, their numbers have grown. In 2015, Houston received 2.5 million … Continue reading →

Posted in Elsewhere in Houston | Tagged , , , , , , , , , | 3 Comments

Politifact muddles the economic debate over SB6

Posted on February 8, 2017 by Charles Kuffner

This doesn’t change anything, but we must fuss about it anyway. In what appeared to be an attempt at a show of force, Lt. Gov. Dan Patrick on Monday once again attacked claims that the proposed “bathroom bill” is bad … Continue reading →

Posted in That's our Lege | Tagged , , , , , , , , , , , | Comments Off on Politifact muddles the economic debate over SB6

Dan Patrick and the wall tax

Posted on January 28, 2017 by Charles Kuffner

Hey, you know who’s going to pay for Dear Leader’s wall? You and me and everyone else in the country. The Trump administration sparked widespread surprise Thursday by announcing it intended to implement a 20 percent tax on Mexican imports … Continue reading →

Posted in Bidness | Tagged , , , , , , , | 8 Comments

The Super Bowl economic impact calculators have figured out it’s all a game

Posted on January 16, 2017 by Charles Kuffner

They’ve adjusted their methods in anticipation of your criticisms. With less than a month to go before the big day, let no one say that Super Bowl LI — as an economic event, not a football game — has been inadequately forecast. … Continue reading →

Posted in Other sports | Tagged , , , , , | 1 Comment

Here’s your 2018-19 revenue estimate

Posted on January 10, 2017 by Charles Kuffner

It’s pretty mediocre. Facing sluggish economic forecasts amid low oil prices along with billions in tax revenue already dedicated to the state highway fund, Comptroller Glenn Hegarannounced Monday that lawmakers will have $104.87 billion in state funds at their disposal … Continue reading →

Posted in Budget ballyhoo | Tagged , , , , , , , , , | Comments Off on Here’s your 2018-19 revenue estimate

What’s going on with Metro’s ridership numbers?

Posted on December 23, 2016 by Charles Kuffner

I have no idea what to make of this. Houston’s heralded bus system redesign – garnering kudos from local riders and transit supporters around the country – is running into the reality that nothing can boost transit when fewer people … Continue reading →

Posted in Planes, Trains, and Automobiles | Tagged , , , , , , , | 11 Comments

Who is paying for public education

Posted on December 17, 2016 by Charles Kuffner

The state is paying less, while local districts are paying more. The state of Texas will spend a projected $40.5 billion on public education during the current 2016-17 budget period, and when state officials tell you they’re spending more on … Continue reading →

Posted in That's our Lege | Tagged , , , , , , , , , , | Comments Off on Who is paying for public education

On welcoming immigrants

Posted on December 14, 2016 by Charles Kuffner

Mayor Turner puts out the welcome mat for a key part of Houston’s community. A press conference Monday morning to announce the unveiling of Houston’s Office of New Americans and Immigrant Communities evolved into a denunciation by city officials of … Continue reading →

Posted in La Migra, Local politics | Tagged , , , , , , , | 16 Comments

More on the cost of a bathroom bill

Posted on December 7, 2016 by Charles Kuffner

Whatever one thinks of the Texas Association of Business, you have to hand it to them for their lobbying focus on the great potty issue. With the legislative session just weeks ahead, the Texas business community is digging in its … Continue reading →

Posted in That's our Lege | Tagged , , , , , , , , , , , , , , , , , , | 3 Comments

Judge issues injunction against overtime pay change

Posted on November 25, 2016 by Charles Kuffner

Because of cours he did. Millions of low-paid supervisors would have become eligible for overtime pay next week, but a federal judge in Texas blocked that path late Tuesday afternoon, ruling that Congress intended duties, not wages, to determine eligibility … Continue reading →

Posted in Legal matters | Tagged , , , , , , , | 4 Comments

How much is that bathroom bill worth to you, Danny?

Posted on November 7, 2016 by Charles Kuffner

Is it worth $8.5 billion and 185,000 jobs? The Texas economy stands to lose $8.5 billion and 185,000 jobs if anti-LGBT legislation passes in next year’s session, according to an analysis from the Texas Association of Business, the state’s chamber … Continue reading →

Posted in That's our Lege | Tagged , , , , , , , , , , , | 11 Comments

East End former KBR site sold again

Posted on July 8, 2016 by Charles Kuffner

I’d forgotten all about this. When a sprawling tract of land lining Buffalo Bayou east of downtown hit the market three years ago, some of Houston’s most prominent observers of urban development put forth ideas about what could be done … Continue reading →

Posted in Elsewhere in Houston | Tagged , , , , , | Comments Off on East End former KBR site sold again

Our bioscience future

Posted on June 26, 2016 by Charles Kuffner

Looking bright. Biotechnology continues to grow in Texas, contributing to the state’s overall economy by adding jobs, making strides in research and innovation and last year attracting $1 billion in federal funding for research, a new report on business development … Continue reading →

Posted in Technology, science, and math | Tagged , , , , , | Comments Off on Our bioscience future

Council unanimously passes Turner’s first budget

Posted on May 27, 2016 by Charles Kuffner

Good job. Mayor Sylvester Turner achieved his goal of securing unanimous passage of his first general fund budget Wednesday morning, a month ahead of the typical schedule and after an unusually brief and uncontentious discussion of council members’ proposed changes. … Continue reading →

Posted in Local politics | Tagged , , , , , , , , | 28 Comments

The state is starting to feel the squeeze

Posted on April 25, 2016 by Charles Kuffner

Things are tough all over. The state is facing big problems affecting vulnerable populations that will take significant money to fix at the same time that a slump in the energy industry is chipping into its revenues, House Speaker Joe … Continue reading →

Posted in Budget ballyhoo | Tagged , , , , , , , , , | 1 Comment

Turner announces his budget

Posted on April 17, 2016 by Charles Kuffner

From the inbox: Utilizing a shared sacrifice approach, Mayor Sylvester Turner today unveiled a proposed Fiscal Year 2017 General Fund budget that eliminates a projected $160 million shortfall that was the result of cost increases, voter imposed revenue limitations, a … Continue reading →

Posted in Local politics | Tagged , , , , , , , , , | 16 Comments

Have I mentioned lately that the revenue cap is stupid public policy?

Posted on April 10, 2016 by Charles Kuffner

Because it is. Sales taxes are Houston’s second-largest source of revenue for the general fund, which pays for most core services. Just as concerning for city officials, however, was more news about the city’s largest general fund revenue source: property … Continue reading →

Posted in Local politics | Tagged , , , , , , , , , , | 7 Comments

Final Four weekend was pretty good for Houston

Posted on April 7, 2016 by Charles Kuffner

We’ll take it. Beyond the basketball court, the Houston economy appears to be the big winner of the Final Four. Across the city, several restaurants, bars and hotels reported big boosts in customers and cash flow, as an estimated 70,000 … Continue reading →

Posted in Elsewhere in Houston | Tagged , , , , , , , | 1 Comment

Lawsuits and low oil prices

Posted on April 3, 2016 by Charles Kuffner

Both are threatening the next Texas budget. Last week, lawyers for the state of Texas got the latest in a string of bad legal news. A lawsuit challenging the state’s foster care system as inhumane appeared to gain steam when … Continue reading →

Posted in Budget ballyhoo | Tagged , , , , , , , , , , , , , , | 1 Comment

We’re still growing

Posted on March 26, 2016 by Charles Kuffner

The collapse of the oil boom has not slowed down Texas’ rapid population growth. The Houston area added more people last year than any metropolitan region in the country, continuing its exceptional growth of the last decade and a half, … Continue reading →

Posted in The great state of Texas | Tagged , , , , , , , , , , , , , , , | 2 Comments

Prepping for the city budget

Posted on March 21, 2016 by Charles Kuffner

Mayor Turner gives a brief preview of what is to come. Mayor Sylvester Turner said Friday that he expects to lay off 40 city employees and eliminate 54 vacant positions as he seeks to close a budget shortfall of as … Continue reading →

Posted in Local politics | Tagged , , , , , , | 1 Comment

Now what for recycling?

Posted on March 11, 2016 by Charles Kuffner

Sure hope there’s a plan. Houston’s curbside recycling program is in limbo after Mayor Sylvester Turner and City Council rejected a new contract with Waste Management on Wednesday, prompting concern among residents and environmental activists about a potential lapse in … Continue reading →

Posted in Elsewhere in Houston | Tagged , , , , , , , | 1 Comment

Recycling contract impasse

Posted on March 10, 2016 by Charles Kuffner

Uh, oh. The city of Houston’s curbside recycling program could be put on hold after negotiations between Waste Management and Mayor Sylvester Turner’s office reached an apparent impasse over a new contract Tuesday. Though Turner said he remains committed to … Continue reading →

Posted in Local politics | Tagged , , , , , , , , , , | 5 Comments

RIP, One Bin For All

Posted on February 27, 2016 by Charles Kuffner

It had a good run, but at the very least the timing was all wrong. The One Bin For All program would let Houstonians throw all trash in the same bin, to be separated for recycling later. The hope was … Continue reading →

Posted in Local politics | Tagged , , , , , , , , , , , , , | 1 Comment

It’s hard out here on a recycler, part 4

Posted on February 24, 2016 by Charles Kuffner

It was a bad year last year. Recycling continues to hurt Waste Management’s bottom line, as low oil prices and low commodity prices have made that a challenging business for at least the past year. The Houston company on Thursday … Continue reading →

Posted in Elsewhere in Houston | Tagged , , , , , , | 1 Comment

Layoffs are coming

Posted on February 19, 2016 by Charles Kuffner

It’s gonna suck, though hopefully not as hard as last time. Mayor Sylvester Turner said Wednesday that a still undetermined number of city employees will be laid off in the coming months, making his first formal acknowledgment that Houston’s projected … Continue reading →

Posted in Local politics | Tagged , , , , , , , , | 14 Comments

Meet the woman in charge of prepping Houston for Super Bowl LI

Posted on February 9, 2016 by Charles Kuffner

The countdown is on, and the spotlight is already ours. When Sallie Sargent applied to take charge of Houston’s preparations for next year’s Super Bowl, she faced a rather daunting audition: find 11 major sponsors to finish a $25 million … Continue reading →

Posted in Elsewhere in Houston, Other sports | Tagged , , , , , , | Comments Off on Meet the woman in charge of prepping Houston for Super Bowl LI

“Bad, but not awful”

Posted on January 13, 2016 by Charles Kuffner

Your Houston economy, folks. As Houston enters the second year of the worst oil downturn in decades, its once-booming economy has sputtered, and the strain finally is starting to show. Houston could flirt with recession in 2016 as the oil … Continue reading →

Posted in Elsewhere in Houston | Tagged , , , , | Comments Off on “Bad, but not awful”

Looking back and looking ahead for Mayor-elect Turner

Posted on December 20, 2015 by Charles Kuffner

Here’s a Q&A with our new Mayor that looks back on the campaign that just wrapped up. Q: Economically, electorally, this is a divided city. You campaigned on a platform of bringing people together. How do you overcome that split … Continue reading →

Posted in Election 2015 | Tagged , , , , , , , , , | Comments Off on Looking back and looking ahead for Mayor-elect Turner

Chron analysis of how Turner won

Posted on December 15, 2015 by Charles Kuffner

I suppose it’s a bit simplistic to say “he got more votes than the other guy”, but one way or the other that’s what happened. Sylvester Turner’s 24-year quest for the mayor’s office was realized by a narrow margin Saturday … Continue reading →

Posted in Election 2015 | Tagged , , , , , , , , , , , , , | 4 Comments

The economy takes its toll on state revenue

Posted on October 24, 2015 by Charles Kuffner

Nothin’ but good times ahead, though, right? Transportation funding could take a hit under new revenue projections by State Comptroller Glenn Hegar, who on Tuesday lowered his forecast of state tax collections by $4.6 billion in the face of a … Continue reading →

Posted in Budget ballyhoo | Tagged , , , , , | Comments Off on The economy takes its toll on state revenue

We’re (about to be) Number 3!

Posted on September 21, 2015 by Charles Kuffner

In population. By the year 2025. Suck it, Chicago! Hidden in the haze of the petrochemical plants and beyond the seemingly endless traffic jams, a Texas city has grown so large that it is poised to pass Chicago as the … Continue reading →

Posted in Elsewhere in Houston | Tagged , , , , , , , , , | 2 Comments