Day: August 27, 2012

Become an Embajador

What does it mean to be an Embajador?An Embajador is the heart, the voice, and the face of the Chamber. The Embajadores sit at the core of membership; they promote membership, support new members and encourage them to get involved, participate and work hand-in-hand with the staff, serve as the “welcoming” committee at events and…

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Texas Employment Update

According to the Federal Reserve Bank of Dallas, the Texas economy continued to expand. Texas added 18,200 jobs in July. Year to date, the state has gained 149,100 jobs. Read the full report: Texas Employment Update SHARE THIS POST

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Home Resales Rose in July

According to the National Association of Realtors, Americans bought more homes in July than in June, evidence that the housing market is slowly recovering. Sales of previously occupied homes rose to 4.47 million in July, a 2.3% increase from the previous month. It was the first increase in three months. Read the full article: Home…

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Luxury Home Builder Reports a Revenue Gain of 41%

Postrecession growth at Toll Brothers, the largest luxury home builder in the United States, underlines the recovery in the housing market. The company, which focuses on affluent customers who typically make at least $100,000 a year and have spotless credit records, reported an increase in orders and forecast higher revenue for the full year. Read…

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Big Income Losses for Those Near Retirement

Americans nearing retirement age have suffered disproportionately after the financial crisis: along with the declining value of their homes, which were intended to cushion their final years, their incomes have fallen sharply. The typical American between the ages of 55 and 64 has a household income almost 10% less than it was when the recovery…

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Employment Status of People Displaced During 2009-2011

A new report from the Bureau of Labor Statistics finds that people who lost work between 2009 and 2011 often aren’t finding re-employment — and even when they do find new work, many are taking major pay cuts. Read the full article: Employment Status of People Displaced During 2009-2011 SHARE THIS POST

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Back-to-School Spending

In an effort to follow trends, students and their families are delaying back-to-school purchases, which could hurt an economy heavily dependent on consumer spending to stay afloat. Read the full article: Back -to-School Spending SHARE THIS POST

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