Lubbock Economy Stays Strong - KCBD NewsChannel 11 Lubbock

4/16/08

Lubbock Economy Stays Strong

While the U.S. might be headed toward a recession, our local economy remains generally strong.

According to the latest economic report for the city, unemployment is still low. It dropped .5 percent compared to last February.

Lubbock posts the fourth lowest unemployment rate in Texas. However, inflation skyrocketed by 4.1 percent over February of last year.

Food and energy costs were also up fueled by rising gas and electricity costs.

get more>> Web Enhanced
Lubbock Motorists Track Cheapest Gas Prices
Lubbock gas prices have now floored past the three dollar mark. Help track the cheapest gas prices in town.

  • Local News on KCBD.comNewsMore>>

  • Austin Powers star Verne Troyer dies at age 49

    Austin Powers star Verne Troyer dies at age 49

    Saturday, April 21 2018 4:51 PM EDT2018-04-21 20:51:28 GMT
    Saturday, April 21 2018 5:02 PM EDT2018-04-21 21:02:48 GMT

    Verne Troyer, an actor famous for his role as Mini-Me in the "Austin Powers" trilogy, has passed away.

    Verne Troyer, an actor famous for his role as Mini-Me in the "Austin Powers" trilogy, has passed away.

  • Barbara Bush was 'first lady of the greatest generation'

    Barbara Bush was 'first lady of the greatest generation'

    Saturday, April 21 2018 12:04 AM EDT2018-04-21 04:04:04 GMT
    Saturday, April 21 2018 4:58 PM EDT2018-04-21 20:58:39 GMT
    (AP Photo/Evan Vucci). Mourners pause as former U.S. first lady Barbara Bush lies in repose during the visitation of former first lady Barbara Bush at St. Martin's Episcopal Church, Friday, April 20, 2018, in Houston.(AP Photo/Evan Vucci). Mourners pause as former U.S. first lady Barbara Bush lies in repose during the visitation of former first lady Barbara Bush at St. Martin's Episcopal Church, Friday, April 20, 2018, in Houston.

    As the outpouring of tributes continues for Barbara Bush, the general public can pay its respects to the former first lady.

    As the outpouring of tributes continues for Barbara Bush, the general public can pay its respects to the former first lady.

  • Queen Elizabeth II attends pop concert for 92nd birthday

    Queen Elizabeth II attends pop concert for 92nd birthday

    Saturday, April 21 2018 6:54 AM EDT2018-04-21 10:54:10 GMT
    Saturday, April 21 2018 4:58 PM EDT2018-04-21 20:58:12 GMT
    (Toby Melville/Pool Photo via AP). Britain's Queen Elizabeth raises her glass during speeches at The Queen's Dinner, during the Commonwealth Heads of Government Meeting at Buckingham Palace in London, Thursday, April 19, 2018.(Toby Melville/Pool Photo via AP). Britain's Queen Elizabeth raises her glass during speeches at The Queen's Dinner, during the Commonwealth Heads of Government Meeting at Buckingham Palace in London, Thursday, April 19, 2018.

    Queen Elizabeth II is marking her 92nd birthday with a star-studded concert in London.

    Queen Elizabeth II is marking her 92nd birthday with a star-studded concert in London.

Powered by Frankly