Tag Archives: economy

Killeen named 8th best economy in the country

Independent economic research group POLICOM ranked the Killeen-Temple-Ft. Hood area eighth (out of 366) in their 2013 Economic Strength Ranking.  Last year, the Killeen area ranked 30th in that study.   The study uses a broad approach in gauging an area’s long-term … Continue reading

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Jobless claims flattens

The number of people filing for their first week of unemployment benefits was unchanged last week, following three straight weeks of increases, the government said Thursday. The Labor Department said 374,000 people filed first-time jobless claims in the week ended Aug. … Continue reading

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Killeen economy among nation’s best

By: Rebecca Rose, Killeen Daily Herald The Killeen area’s economy ranks among the nation’s strongest, according to a new study. Policom, an economic research firm that specializes in analyzing local and state economies, ranked the Killeen-Temple-Fort Hood Metropolitan Statistical Area … Continue reading

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China’s tamer inflation is not all good news

In April, inflation rose 3.6% according to the Chinese government’s National Bureau of Statistics, which is down from 3.8% in March.  This is a signal that the massive inflation in China is slowing down, which is an obvious relief to … Continue reading

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Big Banks shrink lending

Even though the economy has been recovering at a snail-like pace, there is a possibility that the recovery may be fizziling out.  One of the main indicators of economic health is bank lending, it has been rising for most of … Continue reading

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China’s potential economic troubles

China has seen an explosion of economic growth since the government put in place major reforms in 1978, growing at an average of 10% annually.  Over the past decade, China has moved up four places in the world economic rankings, … Continue reading

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U.S. consumers having easier time paying off debt

According to the American Bankers Association, time repayments improved on all 11 consumer loan categories for the first time since 2004.   The ABA reports that delinquencies are still high but there is improvement in the consumers ability to make payments … Continue reading

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Google privacy changes

Google co. has expanded its ability to combine data from its various servies to create a highly detailed profile of its customers.  The company has defended this measure by saying that they are doing this to simplify its privacy policy … Continue reading

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China’s low growth projection slows market

U.S. stocks and markets all of the world slid today after China lowered its annual growth rate. The Chinese Premier Wen Jiabao lowered the target for China’s economic growth, this reinforces the idea that China needs to make their economic development … Continue reading

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Harker Heights gets boost in credit rating

In a time when numerous countries and financial institutions are being downgraded it is nice to see that some cities in America are getting credit boosts.  The credit rating agency Standard & Poors upgraded Harker Heights from a AA- to … Continue reading

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