Southwest Austin - Dripping Springs

Stay informed about the latest local news in Southwest Austin and Dripping Springs, including Austin City Hall headlines, Capital Metro, the local real estate market and all things Dripping Springs.

8:33 PM Apr 15, 2020 CDT

Here's a breakdown of 4 financial relief programs aimed to save small Texas businesses

The webinar highlighted four Small Business Association programs, including the Paycheck Protection Program, the Economic Injury Disaster Loan, the SBA Express Bridge Loan and SBA Debt Relief program.


By the numbers: New coronavirus information from across Texas

Gov. Greg Abbott released data April 13 on how Texas is dealing with the coronavirus pandemic statewide.


Goldman Sachs, LiftFund partnership will release $50 million in loans for Texas small businesses

As Texas is facing its highest rate of unemployment claims in recent history, a total of $50 million in loan funds is now available for small businesses across the state to provide economic relief.



Projections showing major Austin metro job losses also predict significant re-employment by end of 2020

The president of the economic strategist firm said, unlike during the 2009 financial crash, there are no systemic issues in the economy.


Laura Huffman named as new president and CEO of Austin Chamber of Commerce

Huffman previously worked as a regional director for Texas at the Nature Conservancy, an environmental nonprofit, and prior to that, she served as assistant city manager in Austin.


More Texans have filed for unemployment in past three weeks than in all of 2019

For the second week in a row, more than 6 million Americans filed for unemployment benefits, according to federal data.


With Texas Workforce Commission overwhelmed by surging unemployment claims, Central Texas residents try to hang on

The Texas Workforce Commission received 1.7 million calls from individuals seeking assistance with unemployment benefits in a 24-hour period on March 26.



Survey finds Texas brewers losing more than 70% of revenue because of coronavirus

Brewers across the state are renewing calls for Gov. Greg Abbott to grant temporary waivers for shipping, delivery and tax relief.


Has your Austin-area small business been affected by the coronavirus? Here are resources you can access.

The U.S. Small Business Administration is offering a short-term loan program intended to help cover payroll and a separate, long-term loan program intended to help business owners stay afloat.


Sen. John Cornyn discusses provisions laid out in CARES Act

The $2 trillion package provides funding to help fight the virus and to provide financial assistance for Americans during the pandemic.


Texas sees 77% increase in unemployment insurance claims during week ending March 28

Texas ranked fifth among states in the U.S. with 275,597 initial claims filed the week ending March 28.



UPDATE: Abbott executive order deems residential construction as an "essential service" across the state

If Austin's residential construction ban holds, housing inventory may disappear within a few short months.


Will they or won’t they? Austin restaurants split on when to open during coronavirus pandemic

While some restaurants have bunkered down to open at later dates, some Austin restaurants are moving forward with service.


Official: Increase in calls for statewide unemployment benefits is ‘almost vertical’

According to Serna, on an average day the Texas Workforce Commission’s four call centers statewide receive 13,000-14,000 calls; on March 22, the agency received 100,000 calls regarding unemployment insurance benefit inquiries.


‘I’m worried about my staff’: Austin restaurants, bars prepare for unprecedented forced closure in response to coronavirus

The order issued by the Austin mayor and Travis County judge shutters all bars and dine-in service at restaurant until May 1.



Data shows commercial rents, vacancies expected to increase as small businesses navigate higher operating costs

Commercial real estate professionals project that rents and property taxes in the southwest region of Travis County will continue to rise, and so, too, will the number of vacant spaces.


Is a good economy good for everyone? Local businesses large and small cope with tight labor market

The Austin economy has been on a sustained hot streak, but economists say it may cool off in 2020.


For large tech firms in Austin, apprenticeships and educational training provide alternative approaches to eliminate the skills gap

Austin is not unique as an American city with a growing tech presence facing a shortage of qualified employees to fulfill the jobs coming into the market.


As rents rise and labor costs increase, Austin small business owners are adopting creative business strategies

Commercial rent in the Austin-Round Rock metro has increased 50% since 2007.



Central Health will explore minimum wage bumps for its employees

The health care district is considering increasing its minimum wage to $15 per hour.


Texas oil and gas industry could see a major slowdown in 2020

The oil and natural gas industry paid a record-setting $16.3 billion in taxes and royalties to local governments and the state in 2019, the Texas Oil and Gas Association announced Tuesday.


Sunset Valley closes request for proposal process for marketing services without accepting bids

Sunset Valley City Council rejected all bids for new city marketing services at its Dec. 17 meeting


Economic analyst: Austin economy still strong, but growth has tapered off heading into 2020

At the Austin Chamber of Commerce's annual economic outlook, Sarah House of Wells Fargo said Austin faces challenges of affordability and a tight labor market.