Chronicle analyst and writer Schuyler Dixon asserted that Texas "will be 'last in, first out' among states battling the recession," in an article published on January 17th at Chron.com.

Ray Perryman, economist and head of Perryman Group, cited the reasons for Texas' already rapidly developing recovery included advantages such as weather, stable home prices, and a political climate friendly for companies seeking new business frontiers.

Texas' job losses represented only 4 percent of national numbers, despite Texas' rank at 8 percent when impacting the U.S. economy. These numbers infer that Texas suffered only about half of the job loss that might be expected. For the past two months, we have even been enjoying a moderate job gain, which is something Perryman expects to continue.

Laila Assanie, an associate economist without eh Federal Reserve Bank in Dallas, noted along with Perryman that other positives for the Texas economic sector are a recent bump in oil prices and retail's weathering the holiday season well.

To read the entire article, visit http://www.chron.com/disp/story.mpl/front/6820385.html.