State and local economy looking strong - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

State and local economy looking strong

Posted: Updated:
Amarillo, TX -
We have some good news surrounding the Lone Star state's economy.

New reports show oil and gas production are up, along with construction, while unemployment remains low.  

In fact, some economist are saying the Texas economy is strong with no big troubles in sight.

However, others say in order to keep it thriving, Lawmakers need to rethink the state tax system along with funding schools and public transportation.

Here in Amarillo, the City Government says our local economy is on the rise.

Unemployment is around only 4 percent while home values continue to increase.  

Amarillo National Bank says in 2012 around $346-million in building permits were approved, bringing more business and residents to town.  

For a look at the City's most recent economy overview, follow this link: http://amarillo.gov/pdf/Amarillo_Economy.pdf

  • Today's Local News HeadlinesToday's Local NewsMore>>

  • Lane Closures for the Week

    Lane Closures for the Week

    Sunday, July 27 2014 9:14 PM EDT2014-07-28 01:14:08 GMT
    Amarillo, TX - While you are out driving around this week here are some area lane closures to be aware of.
    Amarillo, TX - While you are out driving around this week here are some area lane closures to be aware of.
  • Car Seat Checkup at the Amarillo Fire Station

    Car Seat Checkup at the Amarillo Fire Station

    Sunday, July 27 2014 9:09 PM EDT2014-07-28 01:09:20 GMT
    Amarillo, TX - If your child's car seat moves when the car stops or turns, seems too small, or allows your child to get out...local agencies want to help keep your child safe.
    Amarillo, TX - If your child's car seat moves when the car stops or turns, seems too small, or allows your child to get out...local agencies want to help keep your child safe.
  • American doctor in Africa tests positive for Ebola

    American doctor in Africa tests positive for Ebola

    Sunday, July 27 2014 3:19 PM EDT2014-07-27 19:19:55 GMT
    BOONE - An aid organization says that an American doctor working with Ebola patients in Liberia has tested positive for the deadly virus.
    BOONE - An aid organization says that an American doctor working with Ebola patients in Liberia has tested positive for the deadly virus.