Monday, December 28, 2009

Feeling 'tipsy' on New Year's Eve? Let AAA Texas help you out ...

OK, OK ... so you've had a good time with friends and maybe, just maybe, had a couple or four more drinks than you meant to have. There's no need to get behind a car wheel and drive drunk. Why? Tipsy's here. See this informative piece of advice from AAA Texas below:

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IRVING -- If you’re a driver who has too much to drink, a party host concerned about a guest that overindulged or a restaurant or bar owner who wants to make sure a patron gets home safely on New Year’s Eve and New Year’s Day, AAA Texas is once again this year offering members and non-members alike our Tipsy Tow program to make sure everyone who needs a ride home, gets home safely.

Beginning at 6 p.m. New Year’s Eve and continuing 30 hours through Friday night at 11:59, drivers are urged to call AAA Texas to get a free ride home and also have their car towed home as well. The number is 1-800-222-4357.

Many motorists who have had too much to drink have said one of the reasons why they don’t call a taxi is because they have to come back the next day and get the car. Tipsy Tow takes care of that. You do not have to be an AAA member to use this free service and no identification is required, however reservations are not accepted.

Callers simply tell the Auto Club operators, “I need a Tipsy Tow,” to receive the free tow and ride home. A regular AAA Texas roadside service truck will be dispatched to the location and take the driver and car home up to 10 miles from the point of pick up. After 10 miles, it is the responsibility of the motorists and it is suggested the motorist and driver agree in advance what the excess mileage charges will be and the tow truck operator will obtain a payment agreement prior to providing the tow.

“AAA Texas is pleased once again to offer Tipsy Tow to all Texas drivers New Year’s Eve and New Year’s Day," said AAA regional vice president and general manager Rhonda Wilson.

"The number of alcohol-related traffic deaths and injuries nationwide and in Texas continues to drop. It’s because law enforcement, individual motorists, party hosts and others are taking responsibility to make sure drivers don’t get behind the wheel intoxicated. AAA’s Emergency Roadside Service team will be a critical part of this important effort to save lives and get motorists home safely.”

There are some situations where a Tipsy Tow does not qualify.

  • The motorist requests a tow to another drinking establishment, repair facility or other location besides their place of residence. A tow to a hotel would be acceptable if the person is a guest there.
  • If a member or non-member requests a Tipsy Tow and then, that vehicle is inoperable or the individual asks to start the car, change a tire, deliver gasoline or seeks “taxi” service, transporting two or more people with the vehicle, they will be charged the tow truck operator’s standard rate.

People convicted of driving under the influence could lose many of the important things in their lives, such as family, job, dignity and money. A DUI conviction can be a financial wrecking ball. The Texas Department of Transportation and other law enforcement agencies say it can cost a person between $13,000 to $24,000 in fines, legal fees, higher insurance rates, lost wages, substance abuse programs or court required alcohol treatment.

Current laws, enforcement, public awareness, and education efforts by public service-oriented organizations, including the Auto Club, have contributed to the decline in the number of alcohol-related fatalities during the past 10 years. The Auto Club provides the Tipsy Tow service and free publications as part of the “You Drink. You Drive. You Lose.” public awareness campaign.

The Auto Club advises that motorists can keep themselves and others safe and can avoid DUI arrests by keeping these safety tips in mind:

At social events, designate non-drinking drivers who can get everyone home safely.

Call a friend or family member for a ride home if you have been drinking.

Keep a cab company telephone number in your wallet so you can call for a ride home.

As the party host, offer a variety of non-alcoholic drink alternatives, plenty of food and provide a gift to guests who volunteer to be designated drivers.

Take the car keys away from friends and relatives who have had too much to drink.

If you’re driving and see a motorist driving in an erratic manner, try to stay behind their vehicle, leaving plenty of distance to be safe, then call 9-1-1 and give the police a description of the car and if you can safely get the driver’s license, write it down and tell authorities.

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Don't be dumb on New Year's Eve. Heed this advice.

Just helping out.

-- Joe Rutland

Texas manufacturing holds steady, outlook improves ...

The Federal Reserve Bank of Dallas released its Texas Manufacturing Outlook Survey for December on Monday. Here's the gist of their statement:

Texas factory activity was flat in December, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key indicator of state manufacturing conditions, came in close to zero in December, suggesting output held steady after growing in November for the first time since July 2008.

All indexes for future activity strengthened substantially in December, suggesting a more upbeat six-month outlook. The majority of respondents expect increases in production, new orders and shipments in the next six months. The future business activity index climbed to its highest level in nearly three years, and 41 percent of responding executives reported an improved six-month company outlook.

Other broad indicators of current factory activity — including capacity utilization, shipments, new orders and growth rate of orders — remained positive and pointed to continued growth.

The business activity and company outlook indexes were positive for the second consecutive month in December, with manufacturers seeing better business conditions outnumbering those experiencing continued weakness.

The employment index remained negative but posted a big improvement as the share of respondents reporting layoffs fell from 27.3 percent in November to 17.9 percent in December.

Current capital investment continued to decline, but the future capital expenditures index climbed into positive territory. Twenty-three percent of manufacturers — the highest share since September 2008 — said they expected increases in capital expenditures six months from now.

Downward pressures on finished goods prices remained, but the number of companies reporting declines in selling prices outpaced those seeing increases by the slimmest margin since October 2008. The raw materials price index was positive and rose, indicating producers were still seeing rising input costs. The future raw materials price index rose to its highest level since July 2008 — when energy prices were at their peak.

The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state’s factory activity. Data were collected Dec.15–22, and 93 Texas manufacturers responded to the survey. Firms are asked whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month.

-- Joe Rutland

Tuesday, December 22, 2009

Merry Christmas and Happy New Year!!

Just wanted to take a minute and wish LMT Business Journal readers, as well as all who pass through Laredo Morning Times' main Web site, a Merry Christmas and a peaceful, prosperous New Year.
I know many people are still out of work, looking for jobs and stressing about where their next paycheck will come from for themselves and their families.
My hope is those who seek work will find it and those who seek to start new ventures in 2010 will take that risk and go for it.
Without true hope, trust and belief in yourself and your fellow man and woman, there is no deep lasting peace.
For a couple of days, I'd hope you will try to let go of financial and employment concerns.
I'm going to take my own advice, too.
Feliz Navidad!

-- Joe Rutland

Monday, December 21, 2009

Laredo unemployment rate at 8.6 percent for Nov. ...

Laredo's unemployment rate now sits at 8.6 percent through November, according to Texas Workforce Commission data released last Friday.
It marked a one-tenth of a percent decrease from October's 8.7 percent not seasonally adjusted rate.
Among U.S.-Mexico border regions, the Laredo Metropolitan Statistical Area remains at the lower end of the scale.
McAllen-Edinburg-Mission are at 11.2 percent unemployment through November, which is the same percentage it was in October. Brownsville-Harlingen followed that similar pattern as it carried over a 10.5 percent unemployment rate into November from October.
El Paso showed the sharpest improvement, slipping to 9.2 percent in November from October's 9.5 percent.

-- Joe Rutland

Wednesday, December 9, 2009

Back from Central America ...

Public and private sector individuals, including Laredo Mayor Raul Salinas and City Manager Carlos Villarreal, provided information and pictures from their recent Central America trip at a Wednesday afternoon press conference.
Most of the pictures taken and provided to the public show members of the Laredo contingency holding discussions with Central American contacts as well as numerous group shots, too.
LMT staff writer Zach Lindsey will have a story in Thursday's Laredo Morning Times about what these public and private sector leaders said at their press conference.
Hopefully, their meetings will lead to greater business for Laredo.
More on this in the near future.

-- Joe Rutland

Thursday, December 3, 2009

Winter weather driving tips ... yes, even for Laredo ...

While I realize this isn't business related, per se, I believe it's still important information about our upcoming cold weather should any business people be on the roads either this Friday or over the weekend.

Cold weather, including showers or snow showers, are part of the forecast.

So FYI, here are some winter weather driving tips courtesy of the Texas Department of Transportation:

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When the weather changes, so do driving conditions. The following information can help everyone drive safely when inclement winter weather strikes:

● Check the road conditions (text at http://www.txdot.gov/travel/road_conditions.htm or map at http://www.txdot.gov/travel/map_disclaimer.htm) in your area (or call (800) 452-9292), and stay tuned to local news broadcasts for more information on roadway and weather conditions.
● Remove snow and ice from your vehicle before you drive, making sure the headlights and taillights are visible.
● Accelerate slowly.
● Increase your following distance.
● Brake gently in slow, steady strokes to see how much traction you have, and begin braking early when approaching intersections or stops.
● Approach bridges, shaded spots, overpasses and turns slowly.
● Never use cruise control in winter driving conditions.
● Use non-freezing windshield washer liquid.
● Use snow tires and/or chains (where allowed).
● If you are stranded, call the Texas Department of Public Safety's stranded motorist hotline toll-free at (800) 525-5555.

Auto Safety Checklist

Check and maintain these vehicle components:

● Ignition
● Battery
● Headlights and taillights
● Brakes
● Wiper blades
● Antifreeze level
● Fuel and exhaust systems
● Heater/defroster
● Tires

-- Joe Rutland

Monday, November 30, 2009

National holiday sales totals up 0.9 percent ...

In seeking a gauge for last weekend's holiday shopping, which would include Black Friday, research firm ShopperTrak says retail sales Friday and Saturday edged up 0.9 percent, while customer traffic fell 2.7 percent compared with last year.
According to an Associated Press story, ShopperTrak, based in Chicago, says total sales for Black Friday and Saturday reached $16.77 billion.
Saturday showed a bigger sales increase than Friday as shoppers continued to buy discounted items.
ShopperTrak says that U.S. traffic slipped 2.5 percent on Friday, compared with an 18 percent drop in the year-ago period.
Traffic fell 3.2 percent Saturday, compared with a 17 percent drop a year ago.

-- Joe Rutland

Wednesday, November 25, 2009

Laredo recognized on Fox News for supporting troops ...

Laredo received some national airtime on Fox News in regard to a recent fundraising activity toward supporting the troops. Here's the piece. Fox News interviews Mayor Raul Salinas about the event. Just click on the link below.

http://video.foxnews.com/11928626/no-place-like-home?category_id=51159be5212057bdece5a791436b44246af96bf8

-- Joe Rutland

Tuesday, November 24, 2009

Pre-Black Friday highlights for Laredo ...

Probably some of you are pulling out those sneakers and jeans, getting ready for the most exercise-filled day of the year.
I mean ... between pulling out your credit cards, dashing from one store to another, running from row to row in stores, yanking down clothes to wear, trying out electronic gadgets and on and on ... there's probably little doubt Black Friday is going to wear a few people out.
OK, so "maybe" Black Friday isn't going to be filled with primo exercise. Yet retailers locally are hoping people enjoy their Thanksgiving Day feasts, then come out and feast on discounts and deals.
Retailers are looking for Mexican shoppers to fill their spaces in great numbers, both downtown, at Mall del Norte, in south Laredo and north Laredo.
At Mall del Norte, shops will be closed for Thanksgiving Day.
Friday, stores will open at 7 a.m. Some retailers are planning 5 a.m. openings, such as Aeropostale, Children's Place and Disney. Mall stores will close at 10 p.m. Friday. Saturday shopping hours are 9 a.m.-10 p.m. and Sunday shopping hours are 11 a.m.-7 p.m.
For more information on the mall's holiday shopping plans, hit its Web site at www.malldelnorte.com.
H-E-B Plus! stores are offering customers deals on toys and other holiday items.
Plasma TVs, Apple iPods, cameras, Snuggies, kids toys, family board games and a multitude of other goodies will have discount prices for Black Friday.
Check out their deals at www.heb.com.
Meanwhile, Border Media Laredo also will be out on location to make sure Mexican shoppers stay and shop in town.
According to a release from Border Media Laredo, stations La Ley 100.5 and Digital 107.3 will be broadcasting live from the Welcome Point, located at 811 San Dario Ave., right off International Bridge 2.
"Border Media recognizes the Mexican shopper as a vital contributor to Laredo's economy and we simply want to say 'thank you' and, above all, 'welcome to our city,'" said Miguel A. Villarreal Jr., vice president/market manager, with Border Media Laredo. "In this competitive environment, customer service plays an integral role in strengthening our local economy. Welcoming Mexico to Laredo is a small token of our appreciation for the opportunity to have Mexican nationals shop in Laredo."
Happy shopping, Laredoans!

-- Joe Rutland

Monday, November 23, 2009

Paul Young Auto Group moving Easy Auto ...

Easy Auto will be taking over the space once filled by Paul Young Hyundai on Saunders Road.
Paul Young Family Group has placed a large sign in the parking lot of its previous dealership, located just across the street from Family Chevrolet and Family Nissan.
No word as to when Easy Auto will officially move from its present location.
So when word is received from Paul Young Auto Group chief operating officer Greg Morgensen, then it'll be passed along.

-- Joe Rutland

Wednesday, November 11, 2009

Honor a Veteran ...

While this usually stays on business-related topics, today (Wednesday) is Veterans Day.
My father served in the Korean Conflict and was stationed with my mom in England.
I am proud of my father, for what he did for me and my country.
So ... in honor and memory of John Dudley Rutland of Austin, TX, and all of the veterans here in Laredo and all across the United States ... and for those who lost their lives on the battlefield ... thank you.

-- Joe Rutland

Class was, and is always, in session ...

Sometimes, I get too caught up in what's going on in my own world (professionally and personally) that a unique opportunity to tell others about how and what I and we do at Laredo Morning Times is a gift.
Such was the case recently when St. Augustine High School students dropped by for an hour-long tour of LMT's operations.
Showing students where retail advertising, classified advertising, editorial content and page designers work to produce a daily newspaper was pretty hip for me.
They also got a peek at the mailroom and press areas which, as many know, were consolidated with our Hearst Corporation fellow publication, the San Antonio Express-News. I believe it was important to show them these areas and let them see and know about their importance.
I also believe they found something of interest which can help them formulate ideas, thoughts and concepts about their future endeavors in journalism.
To me, journalism and newspapers are two different entities altogether.
Journalism is a vocation, albeit one which gets rapped every day for something -- and it matters not whether the fairest, well-written story ever appeared in print media. Trust me, someone will find fault with it. That's human nature.
Newspapers are a vehicle for journalism, one which has a vast history of providing readers with records of births, life and deaths. It also has a background of recording history's triumphs and tragedies, too.
So it was my honor to act as tour guide for the class.
They were attentive students, willing to walk around, see and ask questions.
Hopefully, it let them know journalism and newspapers will be around in some way, shape and form for years to come.

-- Joe Rutland

Tuesday, November 10, 2009

A trip to Central America for what?

Once again, city leaders are heading out on a business-related trip ... this time they are going to Central America.
Ahh, nothing like Costa Rica in the winter, eh?
I am quite interested to see how this trip will affect overall business in the Greater Laredo area. From what I understand, there will be some city leaders, led by our esteemed Mayor Raul Salinas, headed down to meet colleagues, develop relationships and shake a lot of hands.
Beautiful.
Didn't a group head down to the Port of Lazaro Cardenas for a similar reason? You know, meet colleagues, develop relationships and shake a lot of hands?
In the immortal words of former Republican vice presidential candidate Sarah Palin, "You betcha."
I also understand there will be some educators along for the, ahem, ride from Texas A&M International University.
Why? What do they know about international trade?
Isn't this a business trip?
Look, taxpayer money is being spent on a "fishing expedition" which everyone has seen over and over again.
Tell me who will benefit from this trip.
Roll off the names of those who are going and, well, I just wonder if the entire Greater Laredo business community is involved in this effort.
Are the "good buddies" of these people going down to Central America going to get first crack at the business? Just asking here.
I have yet to see one solid, concrete business project announced from Salinas' office or through the Laredo City Council from their Lazaro Cardenas trip. Yeah, yeah, I know ... economic downturn, tough times, peso troubled, yadda, yadda, yadda.
Mind you, I am truly all for building up communities and bringing in new business to the Laredo and Nuevo Laredo region. It would be nice, though, to have a plan.
Is there a plan? Can someone please show me a plan? Show me a plan where it is simply laid out, in black and white and plain English and Spanish, on what are the key expectations city leaders will be asking for from these meetings.
You know, my sense is there is no plan. Oh there's a plan all right ... a plan to keep the wool over our eyes (that means taxpayers like you and me) and entrust our elected leaders to do the bidding.
Here's another thing about this working vacation.
Where are the key business leaders involved in this trip? Are Kansas City Southern Railroad and Union Pacific representatives part of this party? Show me.
What about customs brokers here in Laredo? They actually DO business involving international trade. Are they going on this trip?
How about commercial and residential real estate representatives? They could present concrete ideas on what is available to these Central American representatives which city leaders will speak with on this excursion.
Frankly, I'd like to see people like Les Norton, Gary Jacobs, David Killam and others as part of this trip. Heck, they KNOW about business in Laredo and have family roots that go far, far back. Farther than mine personally, that's for sure.
OK, OK ... call me crazy, call me nuts for simply putting this out there.
I really hope and pray this trip is worth it.
After all, it's all about business.
Uh-huh.

-- Joe Rutland

Wednesday, November 4, 2009

National employment remains in perilous position ...

According to the ADP National Employment Report released Wednesday, October was the seventh consecutive month during which the decline in employment was less than in the previous month.
The report also states, though, employment (despite recent indications showing overall economic activity is stabilizing) which usually trails overall economic activity is likely to decline for at least a few more months.
October's ADP Report estimates nonfarm private employment in the service providing sector fell by 86,000. Employment in the goods-producing sector declined 117,000, with employment in the manufacturing sector dropping 65,000.
In October, construction employment dropped 51,000. This was the 33rd consecutive monthly decline. It brings the total decline in construction jobs since the peak in January 2007 to 1,675,000.
Employment in the financial services sector dropped 18,000, the 23rd consecutive monthly decline.

-- Joe Rutland

Friday, October 23, 2009

Leave LISD's Nelson alone ...

I don't want to give up all the goodies on this Monday's "Coffee Talk" within the LMT Business Journal. Let me simply say this: It would be wise for Laredo Independent School District officials, especially the Board of Trustees, to allow superintendent A. Marcus Nelson to do his job.
Nelson is a curriculum-focused educator who does care about seeing kids improve in the classroom and doesn't have time for the adult Jedi mind games which have been prevalent within LISD over the past few years.
Let him do his job.
Want more? Read "Coffee Talk" on Monday morning in the LMT Business Journal.

-- Joe Rutland

Tuesday, October 13, 2009

Checking in on the peso ...

Here's a "Coffee Talk Live" video for your enjoyment on this wonderful Tuesday:

Monday, October 12, 2009

Laredo International Airport receives FAA honor ...

Following up on Monday's centerpiece story on the Laredo International Airport in the LMT Business Journal, this information crossed my desk late last week.
The Federal Aviation Administration has selected LIA as the recipient of the 2009 Southwest Region Airport Safety Award for "consistently demonstrating a high level of safety in ensuring compliance with FAA standards and regulations," according to an FAA statement.
Laredo International is one of a number of airports in the FAA's five-state Southwest Region which received honors.
For what it is worth, LIA is the lone South Texas border region airport to receive FAA honors geared toward aviation safety.
Congrats to all those who work hard at Laredo International.

-- Joe Rutland

Tuesday, October 6, 2009

Raising awareness key for Children's Advocacy Center ...

Sylvia Bruni, Children's Advocacy Center of Laredo-Webb County executive director, said Tuesday the CAC brings together all local agencies which serve children in crises.
Bruni, who addressed the weekly Kiwanis Club meeting at the Holiday Inn Civic Center, said "CAC is one of 62 centers in Texas."
She said one of the biggest changes taking place in Laredo and Webb County is people are speaking up more about childhood abuse ... whether it's physical, sexual, mental and/or emotional.
Bruni has a background in education, ranging from service as English teacher to principal at a Laredo Independent School District school to an interim role as LISD superintendent. She retired from public education in 2005, then returned to the CAC -- where she worked as a co-chairperson from its initiation in 1993 to 2000.
"Someone asked me recently if it's worse today? No, it's been there all along -- it was just a secret," Bruni said.
That "secret" began to crack apart in the 1980s, Bruni said, which led then-District Attorney Joe Rubio, in 1993, to bring together numerous agencies toward addressing these issues.
Bruni said a majority of children whom are sexually abused are under the age of 12.
The CAC has been focusing more on outreach opportunities in this year, "especially to groups which help children and support similar causes," Bruni said.
In my humble opinion, abuse is abuse. Keeping it a secret doesn't help. It only manifests a continual dysfunctional society ... one which seems more keen to what's happening with Jon and Kate Gosselin than what's happening right in front of their noses.
Let me offer this last piece about childhood abuse and, well, abuse, period.
No more secrets. No more.

-- Joe Rutland

Monday, October 5, 2009

Vocations in health care ...

At Monday's Laredo Gateway Rotary Club weekly meeting, Laredo Medical Center chief executive officer Tim Schmidt spoke on vocational opportunities within health care.
His address was part of Rotary International's worldwide recognition of October as a month which highlights different vocations.
Schmidt said it takes a team of people to run a hospital.
He also said among those vocations include accountants, administrative specialists, admissions department employees, business office and health and information management.
A couple of other high spots in Schmidt's speech not related to the main topic included him saying LMC would undergo a $20 million construction project in 2010. He also reminded those present who had not received their flu shot as of yet to go and get one.

-- Joe Rutland

Wednesday, September 30, 2009

An international city? Laredo?

Here's a "Coffee Talk Live" video/opinion piece on making Laredo into an international city.

Enjoy.

Tuesday, September 8, 2009

Health care reform view from insurance side ...

Longtime Laredo insurance agent Henri D. Kahn said health care reform "no matter how you look at it, is a benefit to people in the United States" during a Tuesday noon Kiwanis Club meeting.
"It is a benefit more so for people who find themselves between Medicaid and Medicare," Kahn said in a speech at the Holiday Inn Civic Center.
Kahn, who has been in the insurance business for 40-plus years, is owner of Henri D. Kahn Insurance Services, located at 112 Del Court, Suite B.
He said health care reform is important "because it affects us all from birth to death."
Kahn also said any reform plan would not be for the poor. "They have Medicare, and Medicare has great benefits already," he said.
When asked what he thought about the quality of care here in the United States, Kahn said he thought it was a great system.
"There are so many different machines immediately available for patients who come into hospitals nowadays," he said. "Mexico's health care system is grossly inadequate."
Kahn questioned the Obama administration's claim that any health care reform plan will already be paid for when it starts.
"This will have to be paid for with an increase in taxes," he said.
Kahn said 177 million people in the U.S. have employer-paid insurance coverage.
"According to a study from the Urban Institute, which is a non-partisan organization, 91 percent of those already with health insurance will stay with their current coverage," he said
Kahn pointed out he makes sure his own company's employees are fully covered, making sure they would not have to worry should a health emergency occur.
"Employers should be concerned about the people who work for them first and care about them," he said.
Kahn knows about insurance and is willing to share his insights. It's good to hear from someone with his deep background speak out about these issues.

-- Joe Rutland

Wednesday, September 2, 2009

Sports switch at KGNS ...

While it's not covered a lot in the business world (at least from my end, OK), LMT's print edition will run a local TV-related story for Thursday's paper regarding Univision Laredo layoffs involving longtime anchor Lupita Benavides, veteran reporter Juan Rodriguez and cameraman Sammy De La Garza.
But there also is other TV news, too, here in Laredo. Therefore, let's get to it.
Pro8News recently added Michael Blake to its news staff as sports anchor for its 6 p.m. and 10 p.m. newscasts.
Ray Gomez, news director for Pro8News, said Blake has taken over as KGNS’ main sports anchor for Doug Robinson, who resigned to pursue other opportunities.
"Michael comes from Carrizo Springs and graduated last year from The University of Texas at Austin with a degree in political science," Gomez said. "So he didn’t take the usual route to get into broadcast news.
"He came to us with an interest in it," he said. "We reviewed a lot of applications, more than we’ve ever gotten for a sports position but Mike, with his history of how hard he’s worked and the fact that he’s an area kid … we just really wanted to get him in here."
Gomez said Blake first joined the NBC affiliate here in Laredo in January as producer of KGNS’ 6 a.m. morning news program.
"He’s a really smart guy and caught on fast, but told us from the beginning that his passion was sports," Gomez said. "Even before coming to work for us, he’s had a sports blog up and running. He wrote a huge blog post for us about the Del Mar Little League, which got a big response.
"He’s just real knowledgeable about sports and that’s what makes him stand out," he said. "He’s so easy to get along with and we’re really happy to have him. Michael has had to undergo a huge shift in his life (from arriving at 3:30 a.m. to prepare for the morning show)."
Blake also just started teaming up with Patrick Nelson, who recently was hired as a reporter/anchor for the CW station in Laredo, for "Friday Football Fever."
"Patrick also has an interest and passion for sports," Gomez said. "He can go out and get a news and sports story in the same day."
"Friday Football Fever" opened its 16th year last Friday, Aug. 28.
Gomez said plans also include adding Flip Romero to the Friday night show, too.
"We wanted to make it big and wanted input from as many people as we could get," Gomez said. "We’re lucky to have three passionate guys who really like sports."
There's a TV business roundup for you right there.

-- Joe Rutland

Tuesday, September 1, 2009

Life at Mall del Norte ...

Mall del Norte general manager Ken Beckmann said small business entrepreneurs are taking advantage of retail opportunities at the mall.
Beckmann and assistant general manager Margie Joachim were on hand to talk about retail business and Mall del Norte's ability to hold up during the recession Tuesday at the Kiwanis Club meeting at Holiday Inn Civic Center.
"Looking at the fourth quarter, we're not even in a position to predict what might happen," Beckmann said. "It will depend on how strong the peso will get, plus the U.S. economy and how successful the 'Cash for Clunkers' program ended up being."
Beckmann said the mall needs to remain flexible and look at a long-term strategy.
When asked if Mall del Norte can gauge how successful it has been in luring Mexican shoppers through its doors, Beckmann said it wasn't quantifiable.
"Mexican shoppers make up 50-60 percent of our traffic, but that number has been declining" Joachim said.
Beckmann has been in his role for CBL & Associates Properties for six months, so he's still learning the lay of the land (so to speak) around Laredo and in the border region.
"My No. 1 job is to find retailers to come into the mall," Beckmann said. "Looking at the demographics, it shows the city wouldn't support many retail stores. Then we show prospective retailers the Mexican market and how it can help keep their doors open."
Beckmann did say his biggest challenge so far has been trying to fill Circuit City's vacant store space.
Mall del Norte has more than 1 million square feet of space for retailers of all shapes and sizes. JC Penney recently spent a lot of money sprucing up its store and adding some additional pieces.
It's no secret retailers are holding off and waiting to see what happens in the U.S. economy, when to move and how much it will cost.
Beckmann is looking forward to having more retailers be a part of Mall del Norte.
Laredo is looking forward to just having more businesses -- retail or not -- make their home here.

-- Joe Rutland

Friday, August 28, 2009

Talking about health care ... and the lack of "love of fellow man"

A crowd gathered Thursday to hear U.S. Rep. Henry Cuellar, D-Laredo, answer questions about health care reform.
Obviously, this issue has been contentious throughout the United States.
A lot of town hall meetings have turned into shouting matches, people using rather inane language and words they probably heard from listening to too much Glenn Beck, Rush Limbaugh, Bill O'Reilly, Keith Olbermann, Rachel Maddow and Ed Schultz.
What about having their own "take" (hello, Jim Rome) on the issue? Have I given talk radio enough "run" in this piece? Yeah.
Fascism, Nazis, "death panels" ... what else am I missing here? Oh yeah. "Obama stinks."
Anyway -- my point is those gathered at Texas A&M International University who asked Cuellar questions did so in a very civil-toned manner. Yes, there were people with different political viewpoints. No one shouted down another person when a question was asked. No one spat venom toward Cuellar during the almost 90-minute town hall meeting.
I do believe having the Sisters of Mercy Health System there as part of it set a unique tone to the event. Laredoans, be proud of yourselves. That was the way to hold a true town hall meeting.
I have no answer to what should be done about health care reform.
Is it an issue which is important and should be discussed? Yes, of course ... like all matters concerning America.
Heck, I wish people would get up and have knots in their shorts about the poor, the homeless, the less fortunate, the addicted, broken and afflicted in this country.
That's not as much fun, though, is it.
Preventive care was mentioned as an important component of personal health care. It's also personal responsibility, too.
In communities all along the U.S.-Mexico border, there are health issues.
Yeah, I hear the "just build the border fence and keep those illegals out of our country" voices.
Ahh, just a question. If you're one of those voices and believes so much in family values, then consider this: a LOT of families live on both sides of the border. Those families go back 3-4-5 generations. Building a fence will separate families ... but who cares about that anyway, right?
Health care reform is a tough issue. It's one late Sen. Edward M. Kennedy spoke of for many, many years while serving Massachusetts in the United States Senate.
I'll stop this piece with one final thought.
Never ... never in this health care reform bill discussion in ANY corner have I heard the words "love of fellow man" arise. It's "us vs. them" again. Caveman mentality.
Let this "love of fellow man" spirit be a part of this conversation.
It should be ... no matter what religious, spiritual or non-religious stand you have in life.
Love is not a religion or political tool. Neither is compassion.
If you made it this far, then thanks for reading.

-- Joe Rutland

Thursday, August 20, 2009

Clink, clank, clunk ...

That great rush into automotive dealerships for the "Cash for Clunkers" deal will now end Monday.
The federal government has decided to stop the program. Reimbursements back to car dealers taking part in this plan have been slow on their return.
New York's state automotive group recently pulled out of the program.
Did the program work? Well, from a "bring customers through the doors" perspective, it might be called successful.
My sense, though, is ... once again ... governmental bureaucracy trying to stick its hand into the business world has been burned.
It's not a new trick. Doesn't matter who president of this country is, either.
Been there, done that ... and will be done again.
For a while, though, people were coming in to trade those gas-guzzling old bags for sleeker, sexier models to drive. Those newer cars also will provide safer emissions along with great gas mileage.
It was fun while it lasted.
Let's wait for the next quick-fix program to come along.

-- Joe Rutland

Tuesday, August 11, 2009

Combs takes quick tour of border ...

State Comptroller Susan Combs made a quick trip through Laredo on Tuesday.
Part of her trip involved a tour of the World Trade Bridge, led by local officials.
The big reason for Combs' visit was to present a $25 million scholarship initiative toward providing grants and scholarships for career and technical education.
Combs also said more Fortune 500 companies were now within Texas' borders than any other state in the United States.
Combs, who will seek re-election as State Comptroller, was on point with her comments, took questions from the gathered masses at Laredo Community College and was on her way back to Austin.
She did say one of the reasons Texas has been able to weather a national and global economic slowdown -- also called a recession, OK -- is a diverse workforce and a healthy rainy-day fund.
"We didn't get a state budget with an insatiable appetite," Combs said after her official remarks.
For more information on the efforts Combs spoke of on Tuesday, check out the Web site www.everychanceeverytexan.org.

-- Joe Rutland

State Comptroller Susan Combs in town Tuesday ...

Just a quick update: State Comptroller Susan Combs will be speaking at Laredo Community College this morning. We'll have an update online here at Coffee Talk Live later Tuesday.

-- Joe Rutland

Thursday, August 6, 2009

Texas Center says 'thank you' to data providers ...

The Texas Center for Border Economic and Enterprise Development, a featured data provider for key indicators through the U.S.-Mexico border region, provided a "thank you" luncheon Thursday at Texas A&M International University.
City Manager Carlos Villarreal and Laredo Police Department Chief Carlos Maldonado offered welcomes to a pretty full house at the Western Hemisphere Travel Initiative building's Fernando A. Salinas Room. Gerry Schwebel, executive vice president with IBC Bank, and Sylvia Martinez of the U.S. Census Bureau spoke to those gathered.
Visitors from Rio Grande Valley city Pharr, including Mayor Leo "Polo" Palacios Jr., and Del Rio were among the guests along with City of Laredo and Webb County representatives.
The Texas Center, led by Director Herbert A. Molina, and his support staff did a pretty good thing by inviting those whom have helped provide the center key data for nearly 20 years. A simple gesture like this can go a long way toward developing and firming up coalitions and connections.
Good job, Texas Center.
-- Joe Rutland

Tuesday, August 4, 2009

IBC posts 3.2 percent earnings increase ...

Local mega-financial institution IBC released its earnings report for the first six months of 2009. Here's a rundown released after the stock market closed on Tuesday:

International Bancshares Corporation reported Tuesday net income of $68.7 million for the six months ending June 30, an increase of 3.2 percent compared to the same period of 2008.
Net income for the three months ending June 30 was $31.1 million, a decrease of 5.8 percent compared to the same period of 2008, prior to amounts related to participation in the Troubled Assets Relief Program — including preferred stock dividends and amounts related to the warrants.
After these TARP program amounts, net income for the second quarter of 2009 applicable to common shareholders was $27.9 million as compared to $33 million for the same period in 2008. The 2008 period does not reflect any TARP amounts as those funds were not received until Dec. 23, 2008.
Net income was negatively impacted during the first six months by an increase in the provision for probable loan losses, which IBC recorded during the first and second quarter of 2009. Additionally, IBC was negatively impacted by an industry-wide FDIC special assessment, resulting in an after-tax charge to earnings of $3.3 million.
“I’m extremely pleased with the results for the first six months of 2009, especially in light of this difficult banking environment,” said Dennis Nixon, IBC president and chief executive officer. “Our strong performance has provided the company with the ability to offset the costs of the industry-wide FDIC special assessment and the increasing loan provisioning for probable loan losses.”
Net income was positively affected by the increasing net interest margin of IBC, and gains on sales of investment securities of approximately $7.2 million, after tax.
Total assets as of June 30 were $11.5 billion, compared to $12.4 billion on Dec. 31, 2008.

Monday, August 3, 2009

Down in the Valley ...

I just returned from a weekend trip to South Padre Island. It was my first time in that part of Texas ... which is weird because I am a lifelong Texan. Anyway, while driving through the Rio Grande Valley (also a first for me, too), I decided to make a "Coffee Talk Live" video commentary. It's longer than the usual ones which are on our LMT Business Journal Online Web site. So here goes:



-- Joe Rutland

Tuesday, July 28, 2009

Teachers' supporters watching Nelson closely ...

Rene De La Vina and Hilario Cavazos, two Laredo area Texas State Teachers Association union representatives (who also are Laredo Community College trustees), expressed a wait-and-see attitude toward new Laredo Independent School District superintendent Dr. Marcus Nelson.
"It should be noted Dr. Nelson will be the most highest paid superintendent ever within LISD at $186,000 per year," De La Vina said in front of a noontime Kiwanis Club gathering at the Holiday Inn Laredo Civic Center on Tuesday.
"Plus he'll get his 10 days off for his motivational speaking tour and he's a close friend to Oprah Winfrey," De La Vina said.
Cavazos said Nelson doesn't like the current curriculum being taught within LISD and, more than likely, will introduce his own once he gets settled into his role.
"We've had nine different superintendents in 11 years at LISD," Cavazos said. "The big question is will the LISD board let the superintendent do his work? I want to meet with Dr. Nelson as the union representative."
De La Vina also expressed his contempt for current board trustees John Peter Montalvo and Jesus Guerra, saying he "doesn't want him" if Montalvo runs for re-election.
Needless to say, De La Vina -- who said he just retired after 31 years as an educator -- and Cavazos are pro-teacher and want them to receive the proper help and support needed from LISD officials.
I guess the LISD merry-go-round gets started again when the first school bell rings soon.
-- Joe Rutland

Monday, July 27, 2009

BMP under new ownership ...

Border Media Partners is now under new leadership.
Monday, lenders D.B. Zwirn & Co. and Fortress Investment Group seized control of BMP and formed the Border Media Business Trust.
All BMP properties are now under the trust and Larry Patrick, president of Maryland-based media brokerage company Patrick Communications, said Monday he has been named trustee.
Radio industry publications Inside Radio and Radio Ink have cited BMP’s problems in making debt repayments for over nearly two years.
“All the stations are profitable, especially Laredo which is a well-run radio operation,” Patrick said Monday. “(Vice president and market manager) Miguel Villarreal is doing a great job there.”
Patrick also confirmed Jeff Hinson, BMP chief executive officer, will be leaving his post. Hinson received “America’s Best Broadcaster” award for 2009 from Radio Ink.
“Right now, everything is coming into the trust and I am going to take over,” Patrick said.
Five Laredo radio stations, including 94.9 FM “The Works” and La Ley 100.5 FM, are among a family of 29 radio stations and Internet sites which have been under the BMP umbrella.
The Border Media Business Trust will now oversee stations in Laredo, San Antonio, Austin, the Rio Grande Valley and Waco.
Patrick said lenders approached him first to become a part of the trust.
“We will be looking down the road to sell the stations, but not right now,” he said. “This is not a great time to sell any media product. I’ve been asked if I would be willing to run it for two to three years and I said yes.”
-- Joe Rutland

Monday, July 20, 2009

Texas agriculture losses reach $3.6 billion ...

LUBBOCK (AP) — Texas agriculture officials estimate drought crop and livestock losses at $3.6 billion, and without ample rains the year's final tally could top the record set in 2006.

Crops and rangeland are scorched from lack of rainfall and record triple-digit temperatures throughout parts of Texas. Central and southern parts of the state are in the two worst stages of drought.

Officials said in a news release Monday that if dry conditions persist losses could surpass the $4.1 billion in agriculture losses three years ago.

Total crop losses this year are estimated at $2.6 billion and livestock, another $974 million since November 2008.

Copyright 2009 The Associated Press.

Sunday, July 19, 2009

A bit about the Broncos ...

While I realize Laredo's sports news and highlights are best left to Sports Editor Dennis Silva and his staff, I wanted to briefly share with you, dear business readers, my Saturday night experience at Veterans Field taking in a Laredo Broncos baseball game.
Admittedly, it is the first time I've been out to see a Broncos game here in town. I realize there have been ups and downs within the Broncos organization in recent times ... yet this piece isn't about all of that.
What I saw and experienced while being out there was seeing families -- moms, dads and children -- gathering together for fun. Friends sitting with friends, staying well hydrated from sunset when the ump called "lights on" for the game. I also saw some great baseball being played, too.
Of course, I leave with the Broncos down 3-1 after six innings and, doggone it, they rallied to win 4-3.
For me, it was a pleasant experience. Here's hoping the Broncos put together a push for the playoffs.

-- Joe Rutland

Friday, July 17, 2009

Laredo unemployment totals jump in June ...

Latest Texas unemployment figures for June were released Friday by the Texas Workforce Commission and show Laredo now sits at 9.4 percent, a considerable jump from its 7.7 percent mark in May.
Yet Laredo remains below other border regions per unemployment numbers, which are not seasonally adjusted.
Looking at the three other key border areas and their June numbers:
* McAllen-Edinburg-Mission: 11.1 percent
* Brownsville-Harlingen: 10.2 percent
* El Paso: 9.6 percent
According to the Texas Workforce Commission, industries hard hit in June were trade and transportation and utilities with 21,700 jobs lost, followed by professional and business services with 11,900 jobs lost.
Manufacturing employment lost 10,300 jobs in June statewide.

-- Joe Rutland

Wednesday, July 15, 2009

Magazine: IBC top Hispanic-owned bank

International Bancshares Corporation, the parent company of IBC Bank, has been ranked by “Hispanic Business Magazine” as the No. 1 Hispanic-owned financial institution in the nation on the publication’s 2009 list.
IBC also placed as the No. 1 Hispanic-owned business in Texas and sixth nationally.
The rankings are determined through data accumulated from more than 500 Hispanic-owned companies across the country, encompassing a variety of industries. IBC’s 2008 revenues of more than $754 million dollars combined with a staff of more than 3,800 employees determined the institution’s high rankings.
This is the fifth consecutive year IBC has ranked as the top Hispanic-owned financial institution in the nation and its fourth consecutive year as the number one Hispanic-owned business in Texas.
“As the country fell deep into a recession marked by risky loans and bad mortgages, IBC stayed the course and relied upon our sound and prudent business practices to steer us through the turmoil,” IBC chairman and chief executive officer Dennis E. Nixon said. “Holding our place in the ranking while others have struggled this year is a testament to the hard work and dedication of the entire IBC team. I am truly proud of our work through this difficult economic time and I am confident the bank will continue to excel.”
Founded in 1966, the bank’s original mission was to respond to the needs of Laredo’s small businesses. Today, IBC serves as the flagship bank of International Bancshares Corporation.
Since its opening, IBC has grown from less than one million dollars in assets to $12 billion, making it one of Texas’ largest holding companies and a leader in banking.

Monday, July 13, 2009

LMT Business Journal Online ...

Hey folks ... Just a quick reminder about LMT Business Journal Online.

It's up. It's running. It's gaining momentum. Join the push today. Check it out.

http://godzilla.lmtonline.com/lmthosted/BusinessJournal/Home1.html

-- Joe Rutland

Good start for first Home Expo ...

Last weekend, nearly 30 exhibitors from many spectrums of the home building community gathered at the Laredo Entertainment Center for the City of Laredo's Home Expo.

Banks, realtors, home builders and city service-related booths swirled about the LEC's ground floor. Breakout sessions offered key tips and solid information for people in the market for a home.

Most of the people I spoke with while walking through the Expo were pleased with this initial effort.

A couple of folks did mention before next year's Expo rolls around that they would like to see the city do more promotional efforts, whether through print, radio or online means. Even those people, though, were glad to see the event take place and people stroll past the exhibit booths.

What I saw out there would definitely make the 2010 Home Expo a must-see event if I was interested in a home.

Here's looking forward to next year's event.

-- Joe Rutland

Tuesday, July 7, 2009

It's about business, folks ...

By now, faithful Laredo Morning Times readers are aware that it will cost a few dollars to read parts of our overall content online.

It may not be fair in some people's minds -- after all, there are a gazillion Web sites (OK, maybe less ... but you get the point) available which offer content for free. That's true. Yet those sites probably will not offer stories focused on Laredo, which the Morning Times does each day.

Advertisers want to know they are receiving their money's worth.

Newspapers are a business. Needless to say, if you've read my print "Coffee Talk" column in the past, then you will know I've made this point.

We are in the business of making money, too.

I believe recent online entries by Editor Diana Fuentes make this point real clear.

If you are an avid reader of Que Pasa (and, according to statistical data, there are many people reading Que Pasa Online, too), then you'll know Arts and Entertainment Editor Kirsten Crow wrote a stellar column on this issue recently.

Charging for content is another income stream for newspapers, specifically the Laredo Morning Times.

I don't believe real estate agents, insurance agents, restaurant owners, etc., are offering all of their products and goods for free. Walmart hasn't decided to open up and give away flat-screen TVs all the time. No, paying for services rendered and products offered is business.

So ultimately, all of this is about business.

For those of you who avidly read LMT Business Journal, I greatly appreciate it. My intention is to keep LMT Business Journal relevant, informative and interesting. Also, LMT Business Journal Online is up and running, too. Its content is free to view and see. I invite you to check it out.

-- Joe Rutland

Tuesday, June 23, 2009

LMA turns 25 ...

The Logistics & Manufacturing Association will celebrate its 25-year anniversary on Wednesday night at Embassy Suites.
Keynote speaker for the event is author and former longtime Laredo businessman John A. Adams.
The LMA has played an integral part in bringing together manufacturing and logistics specialists and businessmen from across Los Dos Laredos, making sure Laredo and Nuevo Laredo work in tandem to increase transport business.
Little did anyone probably realize when the LMA's early organizational roots were formed that today, Laredo would be the United States' top land port.
The term "NAFTA" would eventually turn a border town of 50,000-60,000 people into a sprawling 200,000-plus populus.
The LMA has been here through this region's growing pains.
Now it takes a brief time out to salute the hard work and efforts of past and present leaders within the LMA.
Here's to 25 more years of success in the manufacturing and logistics business.

-- Joe Rutland

Tuesday, June 9, 2009

Laredo police chief encourages change ...

Laredo Police Chief Carlos Maldonado, during a noon speech at the Kiwanis Club held at the Holiday Inn Civic Center on Tuesday, said he's trying to invoke a spirit of change within the police department.
One of Maldonado's ideas includes marketing the city through LPD officers.
"Why not be courteous when stopping someone for a traffic infraction," Maldonado said. "Take time to talk with them, try and listen to what's going on at that time. What better way to market a city than through its police officers."
From a business perspective, this could be a win-win situation.
Say a Laredo resident or visitor is pulled over for some reason. An LPD officer gets out of his car or off his motorcycle, approaches the driver and begins a conversation ... while still doing his job.
When finished, that person -- should the interaction be a courteous one -- could take away a different view of not only LPD itself but the city, too.
Business leaders are so desirous of new companies and more jobs entering this more-than-200,000 populated city. This could work.
Change is difficult and, yes, hard to grasp. Give the chief this much: He's making an effort and, as a non-Laredoan in his role, tackling tough issues.
Here's hoping Maldonado and his ideas are given time to work in Laredo.

Monday, June 8, 2009

LMT Business Journal Online now up and running ...

Hey friends ...

I am proud to announce that LMT Business Journal Online is available for everyone stopping by Laredo Morning Times' main Web site at www.lmtonline.com.

Here is a direct link to our LMT Business Journal Online: http://godzilla.lmtonline.com/lmthosted/BusinessJournal/Home1.html.

Check it out!!

-- Joe Rutland

Tuesday, May 19, 2009

When business and sports collide ..

It's a conflict of ring-sized proportions facing the NBA's Denver Nuggets and World Wrestling Entertainment.
Yes, this is about business, too.
The basics: WWE, which packages "sports entertainment" (it's professional wrestling, OK) on TV screens Monday nights with "Monday Night Raw," signed a contract with the Nuggets' ownership for this coming Monday at the Pepsi Center in Denver. The Nuggets reached the NBA's Western Conference finals against the Los Angeles Lakers. The NBA has scheduled a game for this coming Monday night at Pepsi Center.
Ooof.
McMahon already is milking this matter, going on ESPNews for an interview and ripping Nuggets owner Stan Kroenke. Say what you will about pro wrestling, McMahon, WWE, etc. Vince knows how to promote his product.
Here's the business rub, too. What about the contract? McMahon and WWE checked with Nuggets officials back on April 15, making sure Pepsi Center was still a go for "Raw." Nuggets officials said yep, everything's still a go. Bring John Cena, Randy Orton and Triple H ... not a problem.
Heh-heh, they didn't figure the Nuggets would reach this point in the NBA playoffs. Now they're stuck.
As of Tuesday afternoon, one possible solution tossed around was moving "Raw" to Colorado Springs, which is an hour south of Denver.
Another possibility? WWE trucks show up outside Pepsi Center and make the Nuggets and NBA nervous.
It's billion-dollar company vs. billion-dollar company. Both in the business of entertainment ... just different flavors.
McMahon has a case for litigation if there is no settlement or agreement reached.
This should be an interesting week.
Tables, ladders and chairs ... anyone?

-- Joe Rutland

Tuesday, May 12, 2009

CVS Pharmacy: No new Laredo store

CVS Pharmacy is not looking to land in Laredo, a company spokesman said Tuesday.
“We have no plans to purchase an independent pharmacy in Laredo,” CVS spokesman Mike DeAngelis said Tuesday.
“We are not expanding in Laredo at this time.”
There was some chatter in the Laredo business community about CVS Pharmacy coming to the Gateway City.
-- Joe Rutland

Monday, May 11, 2009

Best Western Hotel not for sale ...

The Best Western Hotel in Laredo is not for sale, according to owner Blackstone Dilworth.
Dilworth said Monday that the property was on the market at one time, yet he's now decided to pull it off and retain ownership.
The Best Western is located at 1410 Hospitality Dr.

-- Joe Rutland

Wednesday, April 29, 2009

Swine flu crisis affecting business ...

Laredo area business leaders are watching potential economic losses hit as a result of the swine flu crisis.
Bob Zachariah, president of the Laredo Hotel and Lodging Association, believes this public escalation might have something to do with bureaucrats feeling itchy. His belief is their itchiness comes after how the federal government responded to Hurricane Katrina.
“Ever since Katrina, there’s this whole feeling that if bureaucrats don’t escalate potential disaster-like situations and do this at a certain level, then the bureaucrats get hounded,” he said. “Now everything is getting escalated in a very public manner.”
That's his opinion.
Zachariah, though, also added he understood a need to inform the public about situations like the swine flu crisis. His hope would be that it's done in a calm, orderly manner ... not driving citizens into a panicked frenzy.
Business owners were hopeful for a shot at some extra income this weekend with a long Labor Day holiday in Mexico. Mexican citizens might not be coming across into the Gateway City and shopping in droves this year. Yet again, they might come over in decent numbers, too.
Who knows?
There will be more swine flu business reaction throughout the coming days here at Coffee Talk Live.
Feel free to leave a comment, too.

-- Joe Rutland

Friday, April 17, 2009

Laredo unemployment slightly up ...

Our friends at the Texas Workforce Commission in Austin released statewide unemployment numbers Friday morning.
Laredo's unemployment rate now sits at 7.5 percent as of March 2009, which is a one-tenth percentile bump from February's 7.4 rate. In March 2008, before the economic collapse, our unemployment rate was at 4.9 percent.
As some people within the Laredo business community have said since January, they would not be surprised at all to see our unemployment rate hit 8 percent before stabilizing there for a little bit or begin to climb back down.
LMT staff writer Zach Lindsey's story on a number of positive business and job points offers good news toward new business looking at Laredo and bringing in more jobs.
Let's hope that unemployment rate tops out soon, then begins its slow trickle down ... meaning more people taking home steady paychecks and having discretionary income to spend.
Of course, that also could bring more money to pay down debt, too.
Just another view.

-- Joe Rutland

Thursday, April 16, 2009

Keeping up with Labor ...

Thursday morning, Laredo small business owners had an opportunity to take part in a forum on understanding Department of Labor rules and regulations at Texas A&M International University.
It was an interesting forum, headed up by representatives from the Department of Labor and Texas Workforce Commission.
What I gained out of it was a way to help business owners become aware of their responsibilities toward employees.
Not that employees don't have responsibilities, too, at the workplace.
Check out this Monday's LMT Business Journal for more on the forum.

-- Joe Rutland

Tuesday, April 14, 2009

Norton speaks out ...

Laredo Downtown Merchants Association president Les Norton offered his opinion on the state of downtown Laredo's economy during a noon Kiwanis Club speech Tuesday.
Norton called himself "an optimistic merchant, yet also a frustrated downtown merchant."
His optimism springs from having seen numerous ups and downs economically as the Norton family, along with the Miltons and Hachars, has been part of downtown Laredo business for more than 60 years, according to him.
"A common thread among other cities in the United States has been their focus on revitalizing their downtown areas," Norton said. "Downtown Laredo has never had to revitalize itself. We've always been there."
Norton said downtown merchants offer a bigger market for quality conscious and price conscious shoppers.
"In downtown stores, there is a bigger market for a $10 shirt than a $50 shirt," he said.
His pessimism? Well, that starts with criticism of the Laredo City Council's members. Toss in watching a successful outlet mall go up in Mercedes, located in the ever-growing Rio Grande Valley area including McAllen, while El Portal Mall remains pretty much an empty space and there's a base for Norton's frustration.
"While other cities act, we talk," he told the Kiwanis Club gathering.
What good will Norton's words do?
Only time will tell

-- Joe Rutland