Houston Matters

Marketplace Morning Report visits Houston and reports about region, state

Host David Brancaccio and his staff have been doing reporting around the area and statewide. They’re stories that Brancaccio said he wanted to “lift up” to the national audience.

Mark Norris / Houston Public Media
Marketplace Morning Report host David Brancaccio (left) and Houston Public Media General Manager Lisa Trapani Shumate.

This week, the Marketplace Morning Report set up shop at Houston Public Media.

Host David Brancaccio and his staff have been doing reporting around Texas and working on stories that Brancaccio said he wanted to “lift up” to the national audience.

Like Andy Uhler, who went to the Rio Grande Valley and found that some traditional Democratic voters are turning away from the party. Brancaccio joined Craig Cohen on Houston Matters on Friday.

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“They’re feeling a bit forsaken and gravitating towards Republicans these days,” Brancaccio said. “The national audience needs to understand that some Latinx people, for instance, who you would just assume – which the Democratic Party assume assumed – would be on board, aren’t so on board.”

(Bronncacio said his show uses the term Latinx, but there are people who are “not only agnostic about the term, they don’t want me to use it.”)

Brancaccio said Texas is a place to look at how redistricting is affecting campaign funding, which is what Marketplace reporter Nancy Marshall-Genzer is looking at.

“Some places became very safe for one party or the other, so they don’t have to do the spending,” he said. “So where does the extra money go?”

Brancaccio said while he is in Houston he is speaking to a couple of CEOs, including a tech CEO who is involved in cloud computing.

“We had an accounting firm recently polled all of these CEOs in a rigorous way and 91% of them said we’re in a recession next year,” he said. “And of those, only a third of them thought it would be mild. So that’s heavy, not happy news.”

Brancaccio said those CEOs are making hiring decisions right now.

“You might not see the hiring decisions made until after the holidays, but we’re going to have a winter with some bad headlines,” he said. “It’d be nice if there was a so-called soft landing … but the record of the Fed being able to do that is a checkered one.”

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