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News Releases

Economic Indicators -November 2008
EEDC

Edinburg EDC Announces Economic Growth for Month of January 2009
Alyssa Chapa
Edinburg Economic Development Corporation’s executive director, Ramiro Garza, reports that Edinburg has generated over $1.19 million in local sales taxes for the month of January 2009. This figure is up 15 % compared to $1,040,411.98 that was generated in the same month in 2008. read more >

News File

Edinburg EDC Announces Economic Growth for Month of December 2008
Alyssa Chapa
Edinburg Economic Development Corporation’s executive director, Ramiro Garza, reports that Edinburg has generated over $1.24 million in local sales taxes mostly in the month of October. This figure is up 23.87% compared to the $1,002,977.19 that was generated in the same month in 2007. read more >

July construction in Edinburg passes $7.8 million, helping push year-to-date total above $62 million
DAVID A. DÍAZ
Total construction activities in Edinburg in July 2008 was more than $7.8 million, slightly more than the same month last year, and bringing to year-to-date total to more than $62 million, the Edinburg Economic Development Corporation has announced. read more >

Edinburg's 5.3 percent July 2008 unemployment rate remains the second-best showing in Valley
DAVID A. DÍAZ
Edinburg posted a 5.3 percent unemployment rate in July 2008, the second best showing among the major Valley cities, and the same as the rate reported in June, the Edinburg Economic Development Corporation has announced. The unemployment rate is a key indicator of the strength of the local economy. The EEDC is the jobs-creation arm of the Edinburg City Council. read more >

News File

The Shoppes at Rio Grande Valley helps spur new construction in city to almost $9 million for June
DAVID A. DÍAZ
Total construction activities in Edinburg in June 2008 was more than $8.7 million, with more than $4 million in new construction at The Shoppes at Rio Grande Valley leading the way for the month, the Edinburg Economic Development Corporation has announced. read more >

Edinburg construction passes $12 million for May 2008
DAVID A. DÍAZ
Total construction activities in Edinburg in May 2008 registered more than $12.3 million, with $6.8 million in additions to the Region One Education Service Center leading the way, the Edinburg Economic Development Corporation has announced. read more >

Technically preferred alignment approved for Hidalgo County Loop; public hearings set to begin in mid-July for input on selected route
JIM MOORE
Public hearings set on Hidalgo County Loop read more >

News File

Santana Textiles Corporation of Brazil to build $180 million manufacturing plant in Edinburg
DAVID A. DÍAZ
A South American textile company will build a $180 million denim-manufacturing plant in Edinburg, creating 800 new jobs and pumping millions of dollars into the local economy, Gov. Rick Perry and the Edinburg Economic Development Corporation announced on Wednesday, July 2. read more >

News File

EEDC authorizes $10,000 investment to help promote Edinburg through film
DAVID A. DÍAZ
Add film-making as the latest innovative way being used by the Edinburg Economic Development Corporation to promote higher education, cultural enrichment, fine arts, and a positive image of the three-time All-America City. read more >

Edinburg 4.6 percent May unemployment rate keeping pace with Texas, better than U.S. level
DAVID A. DÍAZ
Edinburg posted a 4.6 percent unemployment rate in May 2008, about the same as the Texas rate, and better than the national unemployment level, the Edinburg Economic Development Corporation has announced. read more >

Edinburg's retail economy up almost 3 percent over first four months of 2007, EEDC reports
DAVID A. DÍAZ
Edinburg’s retail economy in April 2008, as measured by the amount of local and state sales taxes generated by a wide range of local businesses, was up almost three percent during the first four months of 2007, the Edinburg Economic Development Corporation has announced. read more >

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