Waco Texas Realtors

Texas wins in US economy shift

The dramatic realignment of the nation's economy was illustrated by North Carolina , Virginia and Georgia all overtaking one-time industrial powerhouse Michigan in economic size from 2000 to 2010. The economic winners of the last decade are states that focus on raw materials, government and senior citizens. The big losers are places that make things — industrial states and even California.

USA TODAY examined each state's gross domestic product to determine how the country's economic output has shifted within its borders. The data, recently released by the Bureau of Economic Analysis , reflect both population growth and income increases — in short, the economic weight of each state.

Texas notched one of the biggest increases in size in a half-century, surpassing $1 trillion in annual economic output. The state gained nearly a full percentage point in its share of the U.S. economy during the decade, reaching 8.3% in 2010. This growth in economic clout has been matched only twice in the past 50 years — by California in the 1980s and Texas itself during the 1970s oil boom.

"We're growing faster than everyone else, and this trend should last a good while," says economic forecaster Raymond Berryhill of Waco, Texas. His state enjoyed "good fortune and good planning" from having natural resources, immigration and successful technology businesses while avoiding the real estate bubble, he says.

Florida's share of the national economy grew more than any state except Texas as seniors took their wealth south. But it was the long-booming state's smallest growth of any decade since the government began keeping track in the 1960s.

Other ups and downs:

•California. The state's share of the national economy peaked in 1990 but shrank faster than all but three states from 2000 to 2010. It's hard for a large economy — at $1.9 trillion, the nation's largest — to keep growing fast, especially when hit by a housing downturn, says Stephen Levy of the Center for the Continuing Study of the California Economy.

•Virginia. The federal government-fueled suburbs of Washington, D.C., led this state and neighboring Maryland to a decade of prosperity.

•Michigan. Michigan and Ohio were the only states to end the decade economically smaller than when it began. "Michigan was the place that created the 20th-century middle class — the well-paying factory job," says Lou Glazer, president of Michigan Future, an economic research group. "It ended so quickly we fell off the cliff.

2011 - Brazos 4th of July Celebration in Waco, TX | Waco, TX Real ...

It’s that time of the year, ALREADY! Wow, I can’t believe how fast the past year has gone by. I guess it’s true about what they say, “The older you get the shorter the days”!

Every year, the  July 4th bash is a wrap up to the Brazos Summer Concert series that’s held at Indian Spring Park in Waco.

Here’s a run-down on the events for the annual 4th of July Celebration on the Brazos:

- As always, admission is FREE – Woo Hoo! - HEB Fireworks Show starts at approximately 10 p.m.

As far as the fireworks show, you’ll be able to view the show from dowtown Waco. The fireworks will be shot from northwest of the Suspension Bridge. I personally like viewing the fireworks show from Franklin Ave., it gives a great angle for pictures of the fireworks show over the Suspension Bridge.

For Transportation: The downtown area streets will start closing down around 6 p.m. The streets will open back up after the fireworks show

According the Brazos Nights website , the following streets will be closed during the 4th of July celebration:

University Parks from Jackson to Bosque,3rd from Barron to Jeffersonn, Jefferson from 4th to University Parks, Trice from Elm to Bridge St., Bridge from MLK to Trice, Franklin from 4th to MLK, Washington from 4th to MLK, 3rd from Franklin to Washington (access for Hilton Hotel guests), Austin Avenue from 3rd to 4th (Waco Transit Shuttle ONLY), Barron from 4th to 3rd , Elm Street from MLK to railroad tracks, Bridge from MLK to railroad tracks, Taylor from MLK to railroad tracks, MLK from I-35 to Bering.

Food and Drink: University Parks from Jackson to Bosque,3rd from Barron to Jeffersonn, Jefferson from 4th to University Parks, Trice from Elm to Bridge St., Bridge from MLK to Trice, Franklin from 4th to MLK, Washington from 4th to MLK, 3rd from Franklin to Washington (access for Hilton Hotel guests), Austin Avenue from 3rd to 4th (Waco Transit Shuttle ONLY), Barron from 4th to 3rd , Elm Street from MLK to railroad tracks, Bridge from MLK to railroad tracks, Taylor from MLK to railroad tracks, MLK from I-35 to Bering.

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