Fueling the Future: The Importance of the Permian Basin to the US, Texas, and New Mexico Economies
Report Published on April 14, 2025The Permian Basin is among the most important oil-producing regions in the world. The region is crucial to simultaneously meeting future energy needs as well as climate goals through cleaner burning conventional fuels as well as renewables and other initiatives, knowledge, and technologies to support emissions reductions.
- Tags:
- Permian Basin,
- oil,
- wind
The Potential Economic and Fiscal Impact of Planned LNG Facilities along the Texas and Louisiana Gulf Coast
Report Published on March 13, 2025Liquefied natural gas (LNG) is a critical component of meeting global energy needs, and current and planned facilities on the Gulf Coast of Texas and Louisiana play a crucial role in keeping up with LNG demand. The purpose of this commentary is to respond to the recent report from the Department of Energy related to LNG exports, specifically providing data related to the economic and fiscal benefits of relevant LNG facilities along the Texas and Louisiana Gulf Coast which could be affected by future permitting decisions.
- Tags:
- Louisiana,
- LNG,
- Gulf Coast,
- impact analysis,
- Texas
The Economic and Fiscal Benefits of a Major Data Center Investment in Abilene
Report Published on February 21, 2025The Perryman Group recently examined the economic and fiscal benefits to the Abilene area of Project Prism and Project Radiance, two phases of a proposed major Artificial Intelligence (AI) data center initiative under consideration in Abilene. These resources would also offer significant diversification and expansion in the local business complex. The data center campus will generate substantial economic benefits during construction and once operational, in addition to significant tax revenues.
- Tags:
- data,
- artificial intelligence,
- impact
The Current and Potential Economic Benefits of the I‑20 Wildlife Preserve and Jenna Welch Nature Study Center
Report Published on January 09, 2025The I-20 Wildlife Preserve and proposed Jenna Welch Nature Study Center is a 100-acre preserve including a playa lake in Midland, Texas. The Preserve supports local wildlife and serves as an ecotourism destination as well as carbon sink, providing a significant environmental benefit to the area. The proposed Jenna Welch Nature Study Center would add further educational resources and infrastructure in addition to being an event venue, enhancing potential benefits to the community.
The Economic Benefits of Higher Education Institutions in the Dallas‑Fort Worth Area
Report Published on December 02, 2024Higher education is beneficial from individual, economic, and societal perspectives. Educational attainment is linked to greater opportunities, higher income, and a lower probability of unemployment. In addition, a trained workforce is essential to growth in any economy. In the current environment of growing complexity in business operations of virtually all types, quality education is increasingly important. It is no exaggeration to say that the availability of quality workers is the currency of future prosperity.
An Economic Assessment of the Cost of Cancer in Texas and the Benefits of the Cancer Prevention and Research Institute of Texas (CPRIT) and its Programs
Report Published on November 22, 2024The Cancer Prevention and Research Institute of Texas (CPRIT) has been working to reduce the tragically high human and financial cost of cancer since 2010. CPRIT has helped attract more than 323 leading cancer research scientists and their labs to Texas from both US and international locations (including members of the prestigious National Academy of Sciences) as well as recruit 18 companies.
Twenty Years of Success: The Impact of the Lubbock Economic Development Alliance on Growth in the Area Economy
Report Published on November 13, 2024Since its inception in 2004, the Lubbock Economic Development Alliance (LEDA) has promoted economic growth via partnerships with corporations and individuals to provide a business-friendly environment and a skilled workforce in the Lubbock area. In the competitive market for quality corporate locations and expansions, proactive development efforts such as those LEDA has engaged in are essential to optimizing economic performance.
The Potential Impact of Inadequate Electric Transmission in Texas
Report Published on September 30, 2024The dynamic Texas economy and its growing population require increases in electric generation and transmission capacity well beyond what was expected even a few years ago.
- Tags:
- energy,
- electricity,
- power grid
The Potential Impact of Recent Major Locations/Expansions along the US Highway 79 Corridor on Business Activity and Population Growth in the Area
Report Published on September 19, 2024US Highway 79 north and east of Austin, Texas is home to an ever-growing roster of major technology manufacturing and logistics locations, spurring ongoing development and the potential for sustained growth in the area.
- Tags:
- roads,
- Austin,
- impact analysis
The Potential Economic and Fiscal Cost to Missouri and Kansas of Proposed Policies Limiting the Role of Diversity, Equity, and Inclusion
Report Published on February 01, 2024Irrespective of their stated purpose or actual intent, policies perceived to be discriminatory can lead to economic harms. This pattern of awareness and potential consequences is increasing as such actions receive greater attention. For example, controversial laws can both reduce travel and tourism and diminish the potential for economic development.
- Tags:
- diversity,
- impact analysis,
- Missouri,
- Kansas,
- DEI