February 2010 
There are 5 blog entries for February 2010.
Pictures of Austin’s Recent Snow
Thursday, February 25th, 2010 at 6:42pm. 143 Views, 1 Comments.
Snow is a rare event for Central Texas, but the Austin area recently had some of the best snow we have seen in years. This last Tuesday the snow started to fall in the morning and by the end of the day some areas had up to two inches of snow on the ground. The northwest side of Austin saw the most accumulation. Here are some pictures:
Austin Housing Market Showing Signs of Stability
Tuesday, February 23rd, 2010 at 3:27pm. 150 Views, 0 Comments.
As the country works toward digging its way out of the recession, all eyes have been focused on the housing market. After all, the fall out of the housing market was the biggest contributor to our current economic situation and, therefore, stabilizing the market is the key to enjoying a full economic recovery. Unfortunately, many markets are still continuing to struggle throughout the country, but others are starting to show signs of stabilization. In fact, according to the Austin Board of Realtors and the Home Builders Association of Greater Austin, Austin's home market has neared…
Construction Starts in Austin Predicted to Increase in Value by 30%
Tuesday, February 23rd, 2010 at 3:23pm. 143 Views, 0 Comments.
According to McGraw-Hill Construction, construction activity is expected to pick up some momentum in 2010, with the city of Austin enjoying the greatest growth. In fact, the 2010 Texas Construction Outlook predicts that construction starts will increase in value by 16 percent this year, with a total statewide value of $52.5 billion. Austin will nearly double the statewide prediction, with the report forecasts indicating that the city's construction starts will increase in value by 30%.
Austin isn't the only city that will surpass the statewide predictions, but some other major Texas…
Austin-Round Rock Area Experiences a Drop in Unemployment Rates
Wednesday, February 10th, 2010 at 2:00am. 166 Views, 1 Comments.
According to the Texas Workforce Commission, unemployment levels within the Austin and Round Rock area fell by 6.9% in November. While this is still up from the 4.9% rate that the area was experiencing just one year ago, it does represent a decline in unemployment when compared to the previous month.
Previous data indicated that the unemployment rate in the Austin and Round Rock area was 7.2% in October. Compared to the state average of 7.9%, the Austin and Round Rock area is doing quite well with its 6.9% rate. This pattern remains true to the rates from the previous month, with the…
Survey Finds the State of Texas is Showing Signs of Economic Improvement
Monday, February 1st, 2010 at 11:00am. 207 Views, 0 Comments.
According to the most recent Beige Book survey to be released by the Federal Reserve Bank of Dallas, economic conditions in the state of Texas are showing signs of improvement. In fact, the report found that economic conditions through November had "firmed" and that a number of industries are showing signs of improvement.
The Beige Book survey, which is conducted on a periodic basis and evaluates the economic conditions of the Federal 11th district that includes Central Texas, found that the paper, high-tech manufacturing, housing, staffing, energy and petrochemicals industries are…
