Dan Zehr

Finance & economy reporter

Dan Zehr covers finance and the economy for the Austin American-Statesman. He rejoined the Statesman in March 2012 after three years in California. In his previous, five-year tour at the Statesman, Zehr wrote primarily about Dell and the personal-computer industry. Between the two terms at the newspaper, he collaborated on three book projects -- two on the corporate use of social media and one on the consumer market opportunities in the Arab League countries.

Latest from Dan Zehr

Austin jobless rate drops, tightening labor market’s grip on job growth
 Austin has one of the tightest labor markets in the country, and some parts of the metro area’s economy appear to be bumping up against the hiring ceiling. While regional employers continue to expand payrolls, especially in industries tied to population growth, some key sectors of the economy have started to see job-creation rates decelerate...

Posted: 3 days ago

Austin has one of the tightest labor markets in the country, and some parts of the metro area’s economy appear to be bumping up against the hiring ceiling. While regional employers continue to expand payrolls, especially in industries tied to population growth, some key sectors of the economy have started to see job-creation rates decelerate...
Austin unemployment rate drops to 3.2 percent in July
 Strong job creation at Austin’s factories and construction companies offset some of the typical decline in public-sector jobs during July, helping nudge the metro area’s unemployment rate lower, according to preliminary data released Friday by the Texas Workforce Commission. Overall, local employers cut 8,200 jobs during the month...

Posted: 3 days ago

Strong job creation at Austin’s factories and construction companies offset some of the typical decline in public-sector jobs during July, helping nudge the metro area’s unemployment rate lower, according to preliminary data released Friday by the Texas Workforce Commission. Overall, local employers cut 8,200 jobs during the month...
Samsung Austin illustrates twists, turns of evolving manufacturing sector
 As Texas Comptroller Glenn Hegar begins touring manufacturing plants around the state this month to highlight the changing industry, his first stop on Monday brought him, as well as Texas state Sen. Kirk Watson, D-Austin, to Samsung Austin Semiconductor’s 160-acre campus in North Austin, where a significant amount of foreign investment...

Posted: 7 days ago

As Texas Comptroller Glenn Hegar begins touring manufacturing plants around the state this month to highlight the changing industry, his first stop on Monday brought him, as well as Texas state Sen. Kirk Watson, D-Austin, to Samsung Austin Semiconductor’s 160-acre campus in North Austin, where a significant amount of foreign investment...
Dallas Fed: Texas economy powers ahead despite drop in retail sales
 The state’s manufacturers and most of its service-providing firms powered the ongoing expansion of the Texas economy in July, but the solid business gains failed to boost retail sales during the month, according to a set of monthly surveys from the Federal Reserve Bank of Dallas. Despite retail sales contracting for the first time in...

Posted: 20 days ago

The state’s manufacturers and most of its service-providing firms powered the ongoing expansion of the Texas economy in July, but the solid business gains failed to boost retail sales during the month, according to a set of monthly surveys from the Federal Reserve Bank of Dallas. Despite retail sales contracting for the first time in...
Tight labor market helps push Austin wages higher — for some
 Austin employers had it good for a long time. Because so many people wanted to move here — especially during the recession and the early parts of the recovery, when the Central Texas job market was powering away from almost every metro in the country — companies here could get away with paying a little bit less. But the luxury...

8:36 PM Friday, Jul. 21, 2017

Austin employers had it good for a long time. Because so many people wanted to move here — especially during the recession and the early parts of the recovery, when the Central Texas job market was powering away from almost every metro in the country — companies here could get away with paying a little bit less. But the luxury...
Solid job gains, smaller cuts help keep Austin jobless rate in check
 Lighter seasonal job cuts and a modest acceleration in the pace of Austin-area job creation helped limit the usual rise in the local unemployment rate in June, according to preliminary data released Friday by the Texas Workforce Commission. The metro-area jobless rate ticked up to 3.4 percent from 3.2 percent in May, the commission said....

3:40 PM Friday, Jul. 21, 2017

Lighter seasonal job cuts and a modest acceleration in the pace of Austin-area job creation helped limit the usual rise in the local unemployment rate in June, according to preliminary data released Friday by the Texas Workforce Commission. The metro-area jobless rate ticked up to 3.4 percent from 3.2 percent in May, the commission said....
Ahead of Amazon deal closing, major shareholder Jana Partners sells entire stake in Whole Foods
 Investment firm Jana Partners LLC has sold its entire stake in Austin-based Whole Foods Market just months after purchasing it, a move that is estimated to have netted the firm hundreds of millions of dollars. Jana Partners’ sell-off comes on the heels of Whole Foods agreeing to a $13.7 billion buyout deal with Amazon.com. Before...

10:28 PM Wednesday, Jul. 19, 2017

Investment firm Jana Partners LLC has sold its entire stake in Austin-based Whole Foods Market just months after purchasing it, a move that is estimated to have netted the firm hundreds of millions of dollars. Jana Partners’ sell-off comes on the heels of Whole Foods agreeing to a $13.7 billion buyout deal with Amazon.com. Before...
NEW STUDY: Degree from UT System can mean higher earnings
 Workers who received bachelor’s degrees from University of Texas System schools tend to earn more than their peers who graduated from other Texas or U.S. universities, with choice of major exerting the most influence on future earnings, according to a study released Wednesday. Researchers at the Georgetown University Center on Education...

12:22 AM Wednesday, Jul. 19, 2017

Workers who received bachelor’s degrees from University of Texas System schools tend to earn more than their peers who graduated from other Texas or U.S. universities, with choice of major exerting the most influence on future earnings, according to a study released Wednesday. Researchers at the Georgetown University Center on Education...
Study: UT System graduates earn more, but major, campus matters
 Workers who received bachelor’s degrees from University of Texas System schools tend to earn more than their peers who graduated from other Texas or U.S. universities, with choice of major exerting the most influence on future earnings, according to a study released Wednesday. Researchers at the Georgetown University Center on Education...

12:14 AM Wednesday, Jul. 19, 2017

Workers who received bachelor’s degrees from University of Texas System schools tend to earn more than their peers who graduated from other Texas or U.S. universities, with choice of major exerting the most influence on future earnings, according to a study released Wednesday. Researchers at the Georgetown University Center on Education...