Weaver: Beyond The Numbers

On this new episode of Weaver: Beyond the Numbers, the Texas economy is our subject matter of focus as we look at the state's economic durability and why the Texas Legislature placed a large bet on that fiscal sustainability. Host Shelby Skrhak sat down with Weaver's State Government Practice Leader Adam Jones for his expert insight and what that means for residents and business owners in the years to come. Evaluating the Texas Business Cycle Index from 2007 until today, Texas remains an economic juggernaut even amid an oil decline, Jones said, noting an unbelievable 6.6 percent change in Texas' real gross domestic product. That strength comes despite sustaining one of the state's largest natural disasters in Hurricane Harvey, which pulled on the state budget in a big way. "The legislature spent an unprecedented $6.1 billion from the Economic Stabilization Fund, known commonly as the Rainy Day Fund," Jones said. "Harvey was arguably the largest rainy day the state has ever had." But school finance was an