Beyond the Numbers: Texas is a Dynamic State That’ll Never Stop Surprising

On this new episode of Weaver: Beyond the Numbers, the Texas economy is our subject matter of focus as we look at the state’s economic durability and why the Texas Legislature placed a large bet on that fiscal sustainability. Host Shelby Skrhak sat down with Weaver’s State Government Practice Leader Adam Jones for his expert insight and what that means for residents and business owners in the years to come.

Evaluating the Texas Business Cycle Index from 2007 until today, Texas remains an economic juggernaut even amid an oil decline, Jones said, noting an unbelievable 6.6 percent change in Texas’ real gross domestic product.

That strength comes despite sustaining one of the state’s largest natural disasters in Hurricane Harvey, which pulled on the state budget in a big way.

“The legislature spent an unprecedented $6.1 billion from the Economic Stabilization Fund, known commonly as the Rainy Day Fund,” Jones said. “Harvey was arguably the largest rainy day the state has ever had.”

But school finance was an even larger expenditure, giving $6.5 billion in increased aid to school districts and $5.1 billion in school district property tax reduction. Jones said these expenditures are a departure from the state’s usually conservative spending ideology, and may signal a shift in the political ideologies of the government’s elected officials themselves.

“The dynamism of Texas never really stops,” Jones said. “It never stops being a topic of conversations, a destination for families and immigrants trying to make a new start. Dynamic is a pretty good summation of the Texas economy and the state as a whole. “

Jones also discussed the state’s role in the upcoming 2020 Presidential Race and a recent in-depth Economist article that pitted California against Texas in many ways.

Follow us on social media for the latest updates in B2B!

Twitter – @EnergyMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

How Branded Moving Trucks Help Storage Facilities Attract More Customers
August 1, 2025

You know that feeling when you see the same truck three times in a week? First at the grocery store, then outside your friend’s place, then stuck in traffic next to you. By the third sighting, that company name is burned into your brain. Smart storage facility owners figured this out years ago. They’re…

Read More
Winter is Coming: 9 Battle-Tested Strategies to Shield Your Commercial Property from Skyrocketing Insurance Costs
August 1, 2025

The numbers are brutal. Insurance deductibles that used to be a manageable $2,000 flat fee have morphed into percentage-based nightmares tied to property values. What was once a minor business expense can now hit six figures with a single burst pipe or ice dam incident. Meanwhile, insurance premiums have surged 20.4% on average, leaving property…

Read More
From Zero to 460% Engagement: 6 UGC Campaigns That Broke All the Rules
August 1, 2025

Picture this: You spend months crafting the perfect marketing campaign. Professional photographers, expensive equipment, polished copy. You launch it and… crickets. Meanwhile, your competitor posts a simple challenge asking customers to share their stories, and suddenly they’re swimming in engagement, leads, and brand loyalty. Sound familiar? You’re not alone. The biggest mistake brands make with…

Read More
Purpose Factory Event 2025
Lights, Camera, Action
August 1, 2025

The Purpose Factory Event 2025 emerges at a moment when organizations are being challenged to redefine what success really means. Beyond profits and projections, the gathering champions a model of growth that intertwines cultural impact with strategic vision. It’s a forum where companies explore how values can be engineered into operations, not just marketed in…

Read More