November's sales tax collections show stronger consumer spending levels, but still indicate a long road ahead when the legislature convenes in January.
Texas' oil and gas industry continues to limp through the pandemic, further illustrated by the depreciated production taxes remitted to the state.
Texas' economy is still reeling from business closures issued because of the pandemic and continues to struggle even after the turn of the new fiscal year.
Due to the government's disruption of the economy in light of the pandemic, Texas' fiscal health is worsening after a self-inflicted hit to its purse.
