Metro Musings
Column Published in syndication July 30, 2025Although uncertainty has increased markedly since the last forecast, Texas and its metropolitan areas are projected to see notable growth through 2029. The rate of increase is again expected to outpace that of the US, and many of Texas' most populated areas will expand even faster than the state as a whole. Performance may be uneven and much of it backloaded into later years of the five-year horizon (and confidence intervals are wider than normal), but overall expansion is expected.
- Tags:
- metro,
- economic forecast
A Matter of Degree
Column Published in syndication July 23, 2025The US Census Bureau recently released some interesting new data related to the demographic, social, and geographic characteristics of bachelor's degree holders in the country by field of study. The report indicates that almost 36% of US adults aged 25 and over had a bachelor's degree (or higher) in 2022. The field of study chosen affects potential occupations, opportunities, and economic returns.
- Tags:
- demographics,
- earnings,
- education
Frazzled, Frustrated, and Fatigued!
Column Published in syndication July 16, 2025Sometimes, our modern technological advances are two edged, and what begins as an improvement may ultimately end up having an unanticipated negative effect on productivity. A recent report by Microsoft illustrates a widespread example of this phenomenon. Trillions of globally aggregated and anonymized Microsoft 365 data bits were used to identify patterns (which are also likely occurring with other, similar platforms). Reviewing these findings, it becomes obvious that workdays have become too long, overly loaded with interruptions, and, thus, less efficient. Let's take a quick look.
- Tags:
- productivity,
- technology
The Texas Economic Outlook
Column Published in syndication July 09, 2025Though certainly not immune to national and global issues (particularly with regard to tariff and immigration policies), Texas continues to display notable momentum. The state is emerging as an epicenter for the ongoing digital transformation, with semiconductor plants and their associated suppliers, data centers, crypto miners, and others choosing to locate in the state. Life sciences and other emerging industries are also seeing accelerated activity. Vast natural resources remain a catalyst to growth, and in addition to oil and natural gas, the state is also the leader in the next phase of energy development including renewables, new potential sources, and climate-oriented technologies.
- Tags:
- Texas,
- economic forecast
Housing Headaches
Column Published in syndication July 02, 2025The US housing market continues to struggle, with 2024 sales of existing homes reaching a 30-year low and affordability remaining a major challenge for many potential buyers. Although the most recent data shows some signs of improvement in selected measures, other problems are persisting. Let's hit a few high points.
- Tags:
- housing
Turning on the Juice
Column Published in syndication June 25, 2025The 89th Session of the Texas Legislature adjourned on June 2 after 140 days. As with every biennium, there were both good and not-so-good elements of the outcome. Considerable progress was made in dealing with a number of challenges facing the state, including, among others, public school finance and teacher pay (though much remains to be done), water supplies, rural health care, wildfire preparation, and the current topic of electric power supplies and the stability of the grid. Amongst the usual sound and fury, there were clear steps in the right direction.
- Tags:
- electricity,
- power grid
Partly Cloudy
Column Published in syndication June 18, 2025The US economy is presently facing daunting challenges on multiple fronts. Nonetheless, signs of remarkable underlying strength and resilience persist. Our latest forecast indicates reasonable growth over the next five years, although the pace will likely be uneven and backloaded in light of current uncertainty. In other words, the crystal ball is a bit cloudier than usual.
- Tags:
- economy,
- economic forecast
Glaring Global Gloom
Column Published in syndication June 11, 2025A new report on the global economic outlook has recently been released. The World Economic Forum regularly surveys chief economists, with the current information collected during the first half of April. The findings are worthy of note.
- Tags:
- global,
- economic forecast
Harming Health Hurts
Column Published in syndication June 04, 2025Medicaid allows some of the nation's most vulnerable residents to obtain needed health care, thus improving the lives of individuals and families. Without insurance coverage, many people will postpone needed appointments or even forego essential treatments. The inevitable result is worse health outcomes and even higher death rates as manageable problems escalate. Empirical evidence suggests that increasing Medicaid coverage improves health and reduces mortality rates. In fact, life expectancy is extended by more than a year for those with coverage.
- Tags:
- Medicaid