Content Tagged As economy
Tagged News
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Hidalgo County judge reacts to Gov. Greg Abbott's Open Texas plan Play Video
April 27, 2020 7:05 PM
Hidalgo County Judge Richard F. Cortez responded to Governor Greg Abbott’s Open Texas plan in a statement issued on Monday. “I too rely on data and advice from medical professionals to dictate my actions. So with that in mind, I am also considering transitioning some of our local restrictions... more » -
Officials stress the importance to Starr County residents to participate in 2020 Census Play Video
February 4, 2020 6:22 PM
RIO GRANDE CITY – Every 10 years, the U.S. Census determines how much federal funding each state receives to help pay for everything from roads, schools, hospitals, and more. According to the latest Census data, about 65,000 people live in Starr County, but some say the data is still... more » -
McAllen Taking Steps to Keep Attracting Winter Texans to Valley Play Video
January 14, 2020 6:45 PM
MCALLEN – Every year thousands of Winter Texans make the journey to the Rio Grande Valley to escape freezing temperatures in their homes states. However, with the U.S.-Mexico border constantly in national headlines, safety and reservations about whether or not to come back start to surface. Making sure... more » -
Roma Renovating Historic Properties to Reinvigorate Economy Play Video
October 17, 2019 8:08 PM
ROMA – A renovation of an iconic building in Roma is nearing completion. The city is hoping to use it as a way to increase revenue. Roma, Texas is a city on the border with worldwide notoriety. Tourists flock to its edges to see birds fly through the corridor... more » -
Revenue Lost in Cameron Co. during Int’l Bridge Closure in Brownsville Play Video
October 10, 2019 9:19 PM
BROWNSVILLE – Asylum seekers weren’t the only ones affected in the international bridge closure in Brownsville. Every hour the bridge was closed cost the city more than $1,000. In the downtown area Thursday, traffic was slower and stores appeared deserted. Storeowners and managers told CHANNEL 5 NEWS... more » -
Local Business Finds Alternative for Imported Avocados Play Video
June 3, 2019 5:17 PM
PHARR – A 5% tariff increase may be implemented in a week for all products coming into the U.S. from Mexico. CHANNEL 5 NEWS reached out to Rio Grande Valley importer Aaron Acosta to learn about a non-tariff option for popular produce. Acosta is in corporate relations for... more » -
President’s Authority to Implement Tariffs Explained Play Video
May 31, 2019 6:10 PM
MCALLEN – The President has power that is given by Congress to declare emergencies and levee tariffs. Raising the tariffs on Mexican goods could impact the Rio Grande Valley economy. The peso isn’t as valuable as it was before the tariff. The idea is that Mexico is... more » -
Mexico Tariff to Negatively Impact Valley Business Owners Play Video
May 31, 2019 5:16 PM
MCALLEN – Business owners from the Rio Grande Valley are wondering what the impact of a tariff imposed on goods from Mexico will have on them. CHANNEL 5 NEWS spoke to the owner of Amore Produce in McAllen, Carlos Ayala. He says a 5% increase will impact his... more » -
Researchers Tracking Green Jays for Conservation Plan Play Video
May 10, 2019 10:35 PM
WESLACO – State wildlife researchers are working to learn more about a bird that brings tourists and pumps money into the Rio Grande Valley’s economy. Radios will be placed on Green Jays to figure out what they’re thinking and where they’re going. This is an effort to preserve... more » -
National Border Patrol Council Spokesman Reacts to Trump’s Border Closure Warning Play Video
April 1, 2019 5:22 PM
WESLACO – President Trump has not confirmed whether he would go through with his plans to close the southern border. On Friday, he prompted those along the border to prepare: "Massive caravans walking right through Mexico, so Mexico's tough. They can stop them but they choose not to.... more » -
Residents Hopeful Solar Project Will Boost Fronton Economy Play Video
February 23, 2019 5:01 PM
FRONTON- A Starr County resident is hopeful to see a boost in her local economy. Maria Elena de Tamez tells CHANNEL 5 NEWS there's next to no money in Fronton right now. Starr County Judge, Eloy Vera says a future solar energy project could change all of that.... more » -
City Offering Free Land to Stimulate Economy and Growth Play Video
February 8, 2019 10:37 PM
LA VILLA – The City of La Villa’s Development Program is looking to give residents land to build homes on. The program wants people to help contribute to the city by building homes, as long as residents meet a few requirements. The program was originally started back in... more » -
Aftermath of Gov’t Shutdown Affecting Valley Businesses Play Video
January 31, 2019 6:21 PM
WESLACO – The government is completing its first week of being fully operational following the temporary end of the partial shutdown. The aftermath of the 35-day impasse is now being calculated and has had an impact on Rio Grande Valley businesses, according to the Valley Chamber of Commerce. ... more » -
Citrus Grower Says Grapefruits' Lack of Growth Affecting Profits Play Video
January 23, 2019 4:40 PM
WESLACO – A Rio Grande Valley citrus grower a lack of growth is affecting his profits. Donald Thompson tells CHANNEL 5 NEWS he’s never seen the kind of heat seen last year in his 60 years of experience as a citrus grower. "We had a tremendous crop on... more » -
Local Cotton Producer Concerned about Potential Decrease in Profit Play Video
January 15, 2019 4:29 PM
MERCEDES – A local cotton producer is concerned about profits potentially decreasing because of the rising cost of cotton seeds. Sam Simmons joined several other Rio Grande Valley cotton producers at the Cotton and Grain Pre-Plant Conference in Mercedes on Tuesday. These producers expressed their concerns about the... more » -
Raymondville Woman Hopeful for Improvement in Local Job Market Play Video
January 7, 2019 5:36 PM
RAYMONDVILLE – A Raymondville woman believes the economy within her local community could be better. She tells CHANNEL 5 NEWS she has to travel from Raymondville to Harlingen for her part-time job. KRGV’s Frank McCaffrey spoke with Mayor Gilbert Gonzales to see what is being done to improve... more »