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What Does Texas Manufacturing Need To Bounce Back?

Sep 30, 2015

From Texas Standard: More than 28,000 jobs – that's what the manufacturing sector of Texas lost in the month of August, according to the Federal Reserve Bank of Dallas' manufacturing outlook report.


Stepping off his recent flight from Boston at Chicago's O'Hare International Airport, education consultant Debashis Sengupta looked a little surprised.

"The flight today was actually quite nice," says Sengupta. "No problems at all, in fact — not something I was expecting from United."

This frequent flier says an uneventful, on-time flight on United is the exception, not the rule.

Lockheed Martin Commercial Engine Solutions in San Antonio is cutting back 37 percent of its workforce, laying off 87 employees at all levels.  Employees were informed about the changes earlier this month.

Office of Congressman Joaquin Castro

San Antonio Congressman Joaquin Castro last month traveled to Japan to meet with Prime Minister Shinzō Abe and U.S. Ambassador to Japan Caroline Kennedy regarding Japan’s investment in the U.S., and particularly in San Antonio and Texas. 

The price of oil has dropped to its lowest point in years in recent weeks. That's bad news for almost everyone in oil-producing parts of the country.

But there is at least one business that's booming in the oil patch.

Walk around Ryan Peck's impound lot on the south side of Corpus Christi, Texas, and it's easy to see he's busy.

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