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UNT economist Bernard L. Weinstein predicts a mixed future for the Texas economy in 2009, saying unemployment may hit 10% by the end of the year, but thinks it will fare better than most states.
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Though 76 percent of Americans surveyed recently said they will buy fewer gifts this holiday season, retailers with creative sales promotions and careful attention to expenses are the most likely to be profitable, according to Dee Knight UNT associate professor of merchandising.
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Big Three American automakers are lobbying Congress for a $25 billion bailout this week. The CEOs are blaming their financial woes on the current economic crisis, but University of North Texas economist Terry Clower, says the auto industries' problems are much deeper.
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The staff of a legislative advisory board recommended that the scandal plagued Texas Youth Commission be abolished and merged with another major agency dealing with young offenders. Dr. Chad R. Trulson, associate professor of criminal justice at the University of North Texas, says that the abolishment may be premature, and that officials need to consider all of the consequences of such action.
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