Publications | The Perryman Group

I often tend to focus on the US economy. Let's explore some context by examining how other countries are faring. Rates of expansion around the world vary significantly, and a few points about current patterns are noteworthy.

Tags:
global,
economic growth,
GDP

Texas Tomorrow

Column Published in syndication December 13, 2023

The Texas economy has been on a strong growth trajectory. About 1.1 million of the 4.5 million net jobs the United States has gained since just prior to the pandemic (February 2020) have been in Texas. Looking ahead, our analysis indicates that this dynamic state economy is likely to continue to outperform the nation. Let's take a brief look at key drivers of expansion over the next few decades.

Resilient

Column Published in syndication December 06, 2023

The US economy has demonstrated remarkable resilience over the past several years. Despite the COVID-19 pandemic, historic inflation, supply chain snarls that have taken years to untangle, and conflicts around the globe, we've seen ongoing expansion. In fact, jobs have been added at a significant pace, and employment is now about 4.5 million higher than it was before the pandemic.

Literacy and the Workforce

Column Published in syndication November 29, 2023

Literacy is defined as "the ability to understand, evaluate, use and engage with written texts to participate in society, to achieve one's goals, and to develop one's knowledge and potential" by the Program for the International Assessment of Adult Competencies (PIAAC--part of the National Center for Education Statistics (NCES)). Through my economist lens, another aspect of literacy is that it greatly enhances job opportunities for individuals and provides some near-term relief to the workforce shortage.

Rural Texas

Column Published in syndication May 17, 2023

The very mention of "Texas" conjures vivid images of wide-open spaces, gushers, cattle drives, cotton fields, and other stuff of legends. Despite this enduring legacy, a growing majority of population and economic activity is concentrated in metropolitan areas. Nonetheless, the rural parts of the state are generating a notable component of overall growth and, in the process, providing much of the fuel, food, and fiber that sustains us. Let's focus on my roots and this key segment of Texas.

Tags:
economic growth,
rural,
Texas