KETR

Dr. Dale Funderburk

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

Texas A&M University-Commerce economics professor and interim dean of the College of Business, Dr. Dale Funderburk, reflects on news that Texas added more than 38,000 jobs in September , the biggest monthly gain since December 2014. But that is offset by a second story in which a financial executive warns of a a looming crisis because he says we are not educating people for the changes in the workforce that technology is bringing.

Texas State Capitol
Capitol.state.tx.us

Texas A&M University-Commerce economics professor Dr. Dale Funderburk reflects on a recent Dallas Morning News article reporting that, because of the downtown in the oil industry, it looks increasingly likely that the state legislature will enact budget cuts when it meets in January 2017.

Texas A&M University-Commerce

Texas A&M University-Commerce economics professor Dr. Dale Funderburk reflects on a recent article by Texas economist Dr. Ray Perryman , in which Perryman says, while the Texas economy has held up well despite the slump in the oil industry, the state must provide for its rapid population growth. Dr. Funderburk says the immigration to Texas from other states is greater than immigration from out of the country.

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says the decision of voters in Great Britain to leave the European Union, or Brexit, will have a significant effect on the Texas economy. Dr. Funderburk says the stock market overreacts to uncertainty, as we saw in the first couple of days after the Brexit decision. But he says the EU is America's greatest trading partner, but Canada and Mexico are the largest individual countries that are trading partners of the U.S.

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. Mark Dotzour predicts that a...

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. Funderburk says the boom in restaurant construction , seen in nearby Tyler and Greenville, is driven at least partly by the drop in gasoline prices, and the increase in discretionary income.