Dec 11 2024 2 mins
Texas is experiencing a mix of significant developments across various sectors. The state's Medicaid program is under renewed threat with Donald Trump's return to office, potentially leading to significant cuts due to fewer federal constraints[1]. In local government, Princeton is gearing up for a runoff election for mayor, reflecting the city's rapid growth and identity changes[1].
Economically, Texas continues to expand, with employment growth strengthening and the unemployment rate holding steady at 4.1% in August. The service sector showed moderate growth, while manufacturing output weakened[3]. Retail sales tax collections were relatively flat, and home sales and housing permits fell in August, impacted by elevated mortgage rates[3].
In community news, high-speed chases by Texas troopers in El Paso have raised safety concerns, with pursuits often ending in crashes with injuries or fatalities[1]. Educationally, the College Football Playoff Selection Committee has included two Texas teams, the UT Longhorns and SMU Mustangs, in its top 12, marking a historic first playoff berth for SMU[1].
Weather-wise, a cold snap has gripped West Texas and the borderlands, bringing frigid temperatures and freeze warnings[1]. Long-term projections indicate a dramatic rise in extreme heat, with 100-degree days expected to be nearly four times as common by 2036, along with increased wildfire risks and urban flooding events[4].
Looking Ahead: The upcoming runoff election in Princeton will be a key event to watch, as it reflects the city's rapid growth and changing identity. Additionally, the potential changes to Texas Medicaid under the new administration will be a developing story. The state's economic indicators will continue to be closely monitored, especially in light of the recent manufacturing weakness and housing market challenges. The ongoing extreme weather trends and their impact on the state's infrastructure and planning will also remain a critical focus.
Economically, Texas continues to expand, with employment growth strengthening and the unemployment rate holding steady at 4.1% in August. The service sector showed moderate growth, while manufacturing output weakened[3]. Retail sales tax collections were relatively flat, and home sales and housing permits fell in August, impacted by elevated mortgage rates[3].
In community news, high-speed chases by Texas troopers in El Paso have raised safety concerns, with pursuits often ending in crashes with injuries or fatalities[1]. Educationally, the College Football Playoff Selection Committee has included two Texas teams, the UT Longhorns and SMU Mustangs, in its top 12, marking a historic first playoff berth for SMU[1].
Weather-wise, a cold snap has gripped West Texas and the borderlands, bringing frigid temperatures and freeze warnings[1]. Long-term projections indicate a dramatic rise in extreme heat, with 100-degree days expected to be nearly four times as common by 2036, along with increased wildfire risks and urban flooding events[4].
Looking Ahead: The upcoming runoff election in Princeton will be a key event to watch, as it reflects the city's rapid growth and changing identity. Additionally, the potential changes to Texas Medicaid under the new administration will be a developing story. The state's economic indicators will continue to be closely monitored, especially in light of the recent manufacturing weakness and housing market challenges. The ongoing extreme weather trends and their impact on the state's infrastructure and planning will also remain a critical focus.