BY BRANDI SMITH
info@rednews.com
Though most headlines tend to focus on the negative impact of low crude prices, Texas has diversified in such a way that a single industry’s slump cannot create a statewide recession as it has in the past. Instead, communities throughout the Lone Star State are flourishing, thanks to new opportunities provided by the industrial sector. “Even in what looks like an adverse scenario, you still get some positive and pretty good job growth,” said Robert W. Gilmer, Ph.D., director of the Institute for Regional Forecasting at the University of Houston Bauer College of Business.