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ECONOMIC TRENDS
Most of us want real data and analysis before we draw conclusions about the state of the local economy. For example, the unemployment rate needs to be understood as the average of unemployment for the three county region of Orange, Jefferson, and Hardin Counties. We have a heavy concentration of construction maintenance jobs that go from contract to contract with individuals seeking unemployment benefits in between jobs. New since September 11, 2001 are the homeland security clearance requirements that effect more of our jobs than anywhere else in the State of Texas. The unemployment rate for Beaumont has averaged around 9% for the year. Realistically, it is more like 7%
In the aftermath of the foreclosure crisis in America, finding qualified home buyers is a challenge yet home sales in Beaumont are up for the year. We are sharing a document prepared by Entergy-Texas for you to review further.
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GAS PRICES UPDATE
Energy API reports good gas price forecast for fall...
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MEDIA ADVISORY
Perryman Projects 115,000 New Jobs for Texas
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SABINE-NECHES WATERWAY
Sabine Neches Navigation District releases media advisory and fact sheet regarding waterway...
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CONGRESSMAN TOURS WATERWAY
Congressman Randy Weber takes helicopter tour of the Sabine-Neches Waterway
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LEGISLATIVE UPDATE BREAKFAST
Beaumont Enterprise was on hand to report on economic updates...
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JEFFERSON ENERGY PROJECTS TIMELINE
STI Group and Jefferson Energy Companies announce the interactive Jefferson Energy Projects Timeline
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