General news articles

Texas Economic Growth led by Oil and Gas, Retail Sectors


Texas Comptroller Susan Combs said Wednesday, June 12, that state sales tax revenue in May was $2.45 billion, up 8.5 percent compared to May 2013.

“Sales tax growth was evident across all major economic sectors,” Combs said. “The growth was led by the retail and wholesale trade sectors, the oil and natural gas mining sector, and the services sector. This marks the 50th consecutive month of increased state sales tax revenues, and brings the fiscal year-to-date growth to 5.4 percent.”

BBVA Compass Promotes Beaumont Native to City President

BBVA Compass promoted Will Leonard to city president in his native Beaumont, where he'll be responsible for representing the by Plus-HD-1.3">bank and growing its presence in the important market.