According to the 2005 Houston Area Survey, 68 percent of non-Hispanic whites in Harris County are declared or favor Republicans while 89 percent of non-Hispanic blacks in the area are declared or favor Democrats. About 62 percent Hispanics (of any race) in the area are declared or favor Democrats.
DEFINITION of 'Capital Formation '. A term used to describe net capital accumulation during an accounting period. Capital formation refers to net additions of capital stock such as equipment, buildings and other intermediate goods.
DEFINITION of 'Capital Project'. A long-term investment made in order to build upon, add or improve on a capital-intensive project. A capital project is any undertaking which requires the use of notable amounts of capital, both financial and labor, to undertake and complete. Capital projects are often defined by their large scale and large cost relative to other investments requiring less planning and resources. Next Up.