Friday, October 26, 2012

In the News...October 26


In The News…
  1. Solar Tracker Plant set, 130 jobs coming to SA.  Two companies one from Spain has finalized plans to build a dual axis solar tracker manufacturing facility in SA.
  2. New-home sales jumped in September 5.7% to the highest level in 2 years.
  3. Houston and Dallas were the strongest homebuilding markets in the nation for the year ending in August.  Austin was 6th and San Antonio 15th.  The pace of new home construction rose 15%.
  4. S.A. Job Count hits Record 880,200 while unemployment falls to 6%.  This is the highest job count SA has ever had.  The more people who work the more that need to rent or buy homes.
  5. Eagle Ford has doubled oil production in the last year from 150,000 barrels a day to 322,000.
  6. FedEx predicts record number of packages shipped for the holidays…Caterpillar third quarter profit rose 49% to almost $1.7 billion.
  7. American seeking to hire 1500 flight attendants and 2500 pilots over the next year.

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