Wages are up and look at this
Unique in the fact that the economy here in Corpus Christi is out of control, in a good way.
The business cycle is up Jobs are up Unemployment is down Wages are up and look at this, the sales tax volume, people are buying stuff here in town like its going out of style!
"The eagle for shell has transformed cc into a booming economy today from a lack luster economy just a few years ago."
Dr lee is an economics professor at Texas AM/CC, although he claims this boom was not predicted by anyone 4 years ago, he says everyone will benefit. obviously oil and gas, but construction, and the hospitality industry- as well.
"We are seeing a lot of trickle down effects all the way down to the consumers- down to the individual households."
Ironically enough, Corpus Christi does not produce crude oil, this is where the refining is done, but it is enough to put the coastal bend on the map as one of the energy leaders in the world.
"Oh- that's correct, yeah, yeah, the shale oil production has changed the dynamics of the global oil and gas markets."