In the contemporary world of instant global communication, immediate information exchange, and multiple modes of rapid transportation, the process of choosing sites for new or expanded activity has become increasingly complex and sophisticated. Although some of the basic premises have remained unchanged since the earliest civilizations, the evolving nature of the economy is transforming the process of economic development.
Midland stands at the epicenter of an economic phenomenon of global importance which has created an enormous opportunity for the area. With proactive efforts, Midland can prepare for the challenges ahead and ensure the opportunities associated with oil and gas and related activity benefit the full community.
Texas is one of only 14 states choosing not to expand health insurance coverage to low-income adults using the financially attractive mechanism created with passage of the Affordable Care Act (ACA) in 2010. Almost 1.5 million Texans would immediately become eligible for expanded coverage, according to analysis by the Kaiser Family Foundation.
Nonprofit establishments improve lives, communities, and society as a whole. These entities offer a variety of services and include hospitals and other health care providers, schools and universities, art museums, and many other types of operations. Not only do these organizations provide important services that enhance quality of life and societal wellbeing; they also generate substantial economic benefits through their operations and the associated multiple rounds of activity through the economy.
The Origins of Ongoing Opportunity: The Economic Benefits of Higher Education Institutions in the Dallas‑Fort Worth AreaReport Published on January 04, 2019
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 from both the individual's and the employer's perspectives.
For 130 years, the Dallas Zoo has been providing entertainment and education to the people of Dallas, the surrounding area, and beyond. The Zoo's wide variety of specimens, acclaimed exhibits, and research facilities make it a popular destination both for local residents and visitors from outside the area.
Bordernomics: Defining Economic Opportunities, Potential, and Challenges Confronting the US ‑ Mexico Border Region and Strategies for Enhanced ProsperityReport Published on February 07, 2018
The Perryman Group's Bordernomics study analyzes the economy of the US-Mexico border region in order to improve understanding of regional dynamics and identify actions which could generate meaningful improvement. The full study provides background information and a summary of current economic conditions, addresses the importance of NAFTA, describes challenges and opportunities faced in the border region, and estimates the business activity and jobs which could be added with enhanced cooperation among the US-Mexico border states.
The Perryman Group was recently asked to examine the potential economic benefits of statewide competition in the Florida electric power market. Outcomes in other areas which have increased competition (fully adjusted for Florida economic and demographic patterns) were used as a basis for estimating the potential benefits.
The Potential Impact of Social Legislation on Business Activity: A Case Study of Actions Which Could Adversely Affect Tourism in the San Antonio Area and TexasReport Published on April 18, 2017
Travel and tourism is an important source of economic activity. Every year, millions of visitors to Texas spend billions of dollars in the state. In 2015, the number of person-stays was estimated to exceed 250 million and had been growing steadily for several years. Hundreds of thousands of individuals across Texas are employed in travel-related industries.
An Assessment of the Economic Implications of Redesigning the Foster Care System in Selected Counties and the State of TexasReport Published on April 22, 2016
More than 16,000 Texas children are presently in foster care. This crucial safety net for thousands of the state's most vulnerable residents has experienced challenges in recent years and is in the process of evolving in an innovative manner to better meet the needs of the affected young people at a critical juncture in their lives. While the primary consideration in any conversation related to transforming the foster care system must always be the well-being of the children and families who are affected, improvements also involve quantifiable economic benefits in the form of reduced social costs and increased earnings and productivity. Analyzing these economic benefits can help inform discussion of future strategic plans, particularly given the reality of tight budgets for social services.