Economics and finance reporter at the Austin American-Statesman

Search Tweets

Twitter Feed

@dzehr — 530 followers, 445 tweets

@DanKeshet @JayCrossley @paulkrugman Right. I’m don’t think one would use the 2008-09 period to measure anything about success of TX vs CA state policies (tho TX politicians were happy to do so). Maybe 2011-16 a more stable time, but oil/gas downturn in there will skew to CA’s favor. Not entirely a policy issue.
@JayCrossley @DanKeshet @paulkrugman True a gap there, but could argue oil/gas booms provide TX a benefit CA doesn’t get. (Not arguing merits, but there is a premium to be had in good times.) Also, can pick periods in CA, especially during real estate crash, where one could find issue w/ CA economic mix.
@JayCrossley Curious now to see just how much tight labor market in TX could limit growth. Been watching that in ATX for a while, of course.
@JayCrossley I hear you. And yeah, much was oil and gas and ripple effect of that. Saw the same trend in jobs. TX job growth below national average in 2015 and 2016 before rebounding last year (as energy/manufacturing recovered).
@JayCrossley You’re looking correct on GDP. Trying to figure out my figures. FWIW, Dallas Fed notes its biz cycle index as a rough proxy for recession definitions (includes GDP, employment, etc.). Can see its activity here:
Show More