KETR

Texas A&M University-Commerce College of Business

Texastribune.org

Texas A&M University-Commerce economics professor Dr. Dale Funderburk discusses the efforts by the state of Texas and cities within the state to attract the second headquarters of Amazon, referred to as Amazon HQ2.  Dallas-Fort Worth is considered a major contender.  Amazon HQ2 would bring 50,000 jobs to Texas, averaging salaries of $100,000 per year.

Texas A&M University Real Estate Center

Dr. Dale Funderburk, Texas A&M-Commerce economics professor and interim dean of the College of Business, says it's easy to be confused by conflicting views of the economy, often offered by renowned economists themselves.  But Dr. Funderburk says there are some basic ways of analyzing the economy that will help you to make your own judgment of how things stand.

Texas A&M University-Commerce

Dr. Dale Funderburk, Texas A&M-Commerce economics professor and interim dean of the College of Business, says the import tax now being considered in the Trump administration and in Congress would hit retailers like Wal-Mart hard, because so many of their goods are imported.

Texas A&M University-Commerce

Texas A&M-Commerce economics professor and interim dean of the College of Business Dr.

Texas A&M University-Commerce

Dr. Dale Funderburk, Texas A&M University-Commerce interim dean of the College of Business and economics professor, says the likely Federal Reserve interest rate hike December 14 will probably be the first of several in the coming new year.  Dr. Funderburk says the effect on average people will not be immediate, but will eventually be felt in mortgage rates and for other loans.  But he says the effect will be helpful for people with low-risk investments, such as certificates of deposit.

Texastribune.org
Texastribune.org

Texas A&M University-Commerce economics professor Dr. Dale Funderburk comments on an article reporting that Speaker of the House Joe Straus has sent a letter to members of the state legislature telling them to prepare for a leaner budget in the 2017-18 biennium because of the downtown in oil prices.  State Comptroller Glen Hegar is somewhat more optimistic, pointing out how well Texas has weathered the downturn to date.  In another article, economist Dr.

Klzstone.com
Klzstone.com

The announcement of a new industry for Commerce, the KLZ Stone Group, will be a great economic boost to the area, Texas A&M University-Commerce economics professor Dr. Dale Funderburk says.  The company will build a 57,000-square foot facility in the city's industrial park on State Hwy. 11 east of town, and will eventually employ about 50 people.

Texas A&M University-Commerce
Texas A&M University-Commerce

Texas A&M University-Commerce economics professor Dr. Dale Funderburk reflects on recent reports showing the Texas economy continues to do well, with relatively low unemployment, but concerns exist on the quality of many jobs, with over 60,000 high-paying oil-sector jobs lost in the past year.  And Dr.

Jeremy, Flickr, Creative Commons
Jeremy, Flickr, Creative Commons

Texas A&M University-Commerce College of Business development officer Wyman Williams, long-time owner of Williams Motors in Commerce, reflects on the growing popularity of classic cars.  The starting price for 1960s era classic cars in good condition is around $50,000, and the price of classic cars dating back to the pre-World War Two era goes as high as $500,000.

Theoatmeal.com
Theoatmeal.com

Wyman Williams, development officer for the Texas A&M University-Commerce College of Business and long-time car dealership owner, says as we get very close to the day when self-driving cars will be on the road, the developers are programming into the cars how to react in life-and-death situations, when either pedestrians or the driver and the car's passengers may be killed depending on the car's actions.