Shot in the Arm
Column Published in syndication May 18, 2022The Advanced Research Projects Agency for Health ("ARPA-H") was recently established as a new federal agency with the mission of transforming health research and innovation. The concept is similar to that of the Defense Advanced Research Projects Agency (DARPA), which has fostered countless breakthrough discoveries (and is about the coolest place on earth). ARPA-H is charged with finding solutions to society's most challenging health crises, including cancer, Alzheimer's, and AIDS. Moreover, treatments are to be broadly accessible to improve outcomes across the globe while simultaneously containing medical costs.
- Tags:
- healthcare,
- medical,
- research
Double Whammy!
Column Published in syndication May 11, 2022Things are tough for anyone trying to purchase a house, with a double whammy of rising prices and increasing interest rates. Inventories are very low, and supply chain issues and labor shortages continue to complicate construction.
- Tags:
- home buyers,
- interest rates,
- mortgage
(Lots of) Help Wanted
Column Published in syndication May 04, 2022Job openings in Texas reached an all-time high in February at 932,000, far exceeding unemployment (about 635,000 at present). While that's beneficial for those looking for work, it's presenting notable challenges. Businesses unable to fill positions are often forced to respond by reducing operating hours or even closing locations, and the economy is functioning at less-than-optimal efficiency.
- Tags:
- labor shortage,
- Texas
Drilling
Column Published in syndication April 27, 2022The number of oil and natural gas drilling permits issued by the Texas Railroad Commission reached an all-time high in March, at over 1,100. Hundreds of companies of all sizes are jumping into the fray. Activity is picking up across the state, with the Permian Basin reportedly seeing over 900 horizontal permits.
- Tags:
- oil and gas,
- permits,
- Texas
The Importance of Russian Trade and Investment Activity to the Texas Economy
Brief Published on April 27, 2022The recent invasion of Ukraine by Russia is generating questions regarding how important Russia is to the Texas economy, particularly as policies restricting trade and investment interactions are implemented or contemplated. While no area can escape the near-term disruptive effects related to the supply chain and inflation, the specific effects on business activity within the state are relatively minor. The Perryman Group recently analyzed patterns in Texas-Russia trade and investment to assess the extent of the linkages and related economic effects.
Russia and Texas
Column Published in syndication April 20, 2022The recent invasion of Ukraine by Russia is generating questions regarding how important Russia is to the Texas economy, particularly as policies restricting trade and investment interactions are contemplated. The short answer: not very.
How do the Texan and Russian economies relate?
Radio Spot Broadcast via Texas State Networks on April 22, 2022Dr. Perryman explains the links between the two entities in response to Russia's war with Ukraine.
What has been the economic impact of increased border inspections between Texas and Mexico?
Radio Spot Broadcast via Texas State Networks on April 21, 2022Dr. Perryman breaks down the losses from the slowdowns associated with the increased inspections at the border.
The Economic Costs of the Recent Border Delays
Brief Published on April 20, 2022Every day, thousands of trucks cross the Texas-Mexico border, bringing a variety of goods ranging from fruits and vegetables to electronic equipment. Cross-border supply chains are common, and manufacturing facilities on both sides of the border depend on the efficient flow of products across the border. The recent slowdowns due to additional inspections disrupted these patterns, resulting in not only spoilage of perishable items, but also production delays. Given the strained capacity at the border in normal times, it will be difficult and, in many instances, impossible to “catch up.”
- Tags:
- border,
- impact analysis,
- Texas,
- US-Mexico border
How many oil and gas permits were filed in March?
Radio Spot Broadcast via Texas State Networks on April 20, 2022Dr. Perryman explains the impact of an uptick in these permits and what can be expected for the energy industry in Texas in the future.
- Tags:
- energy,
- oil and gas,
- Texas