Senior Fellow Pia Orrenius: Texas Economy Exceeds National Averages

Good news for Texas: Despite the faltering energy industry, the Lone Star state experienced an increase in incomes and a decrease in poverty last year according to the Dallas Morning News.

Tower Center Senior Fellow Pia Orrenius, senior economist at the Dallas Federal Reserve, was interviewed in the Morning News article “Income up, poverty down: Texas exceeding U.S. in key economic numbers” Sept. 15.

“It’s a great report and it’s great for us,” she said. “You don’t see any impact from the oil bust.”

However, the News also reported that high child poverty rates are still a concern. This is especially true in border counties, which Orrenius said is because of the higher population of recent immigrants in those areas.

Read the full article here.