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Economists say jobless report positive, but no end to recession just yet

Despite the better-than-expected U.S. unemployment report on Friday, two Austin economists predicted the local economy will remain sluggish for several months before true signs of recovery emerge. On Friday, the U.S. Bureau of Labor Statistics said the national unemployment rate edged down to 10.0 percent in November from 10.2 percent in October, and the soaring […]

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Closed-door session results in LCRA water contract policy change

Earlier this week, Lower Colorado River Authority board members discussed a staff recommendation that would suspend all new water contracts until the depleted Highland Lakes return to more normal elevations.   That was Tuesday afternoon.   By Wednesday morning, the proposal board members were being asked to vote on was less stringent — one apparently […]

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