Celebrating Fifty Years of Excellence: The Economic Impact of The University of Texas Permian Basin
Report Published on October 26, 2023The University of Texas Permian Basin (UTPB or UT Permian Basin), now in its 50th year of operation, is the only four-year university in the area and provides the Permian Basin and beyond with qualified graduates and significant economic stimuli. The University serves a diverse student population and provides important cultural and professional resources for students, staff, and the surrounding community. The University prides itself on "thinking large and living local," which has direct economic and societal implications for the local graduates and the surrounding area.
The Potential Economic Benefits of Statewide Competition in the Florida Electric Power Market
Report Published on December 28, 2017The 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.
Essential Energy: The Economic Importance of the Permian Basin Part 1 of 2
Newsletter Published on July 07, 2022 (Vol. 39, No. 05)The Permian Basin is among the most important oil-producing regions in the world. In addition to supplying needed energy, it also generates a substantial portion of Texas business activity. This issue highlights results of The Perryman Group's recent study of the economic and fiscal impact of the region.
- Tags:
- impact,
- Permian Basin,
- oil and gas
The Economic Impact of the Solar Eclipse on the US and Affected States
Brief Published on March 28, 2024On Monday, April 8, a total solar eclipse will cross North America, passing over Mexico, the United States, and Canada. The path of totality enters Texas around Eagle Pass and crosses the nation to the northeast, exiting the northeast near Houlton, Maine. More than 30 million people reside in the path of totality (including about 12 million in Texas alone).
Economics of the 2024 Solar Eclipse
Brief Published on March 25, 2024On Monday, April 8, a total solar eclipse will cross North America, passing over Mexico, the United States, and Canada. The path of totality enters Texas around Eagle Pass and crosses the state to the northeast, exiting near the northeast corner. About 12 million Texans reside in the path of totality, which includes the major metropolitan areas along the I-35 corridor.
The High Cost of Heat
Brief Published on July 24, 2023Texas has obviously experienced a heat wave of historic proportions in the summer of 2023. The higher-than-normal temperatures have created health issues for many residents and impacted quality of life for millions of people. Not surprisingly, the effects do not stop there.
- Tags:
- climate change,
- impact,
- Texas
The Economic Impact of a National Rail Strike
Brief Published on October 17, 2022Rail is a crucial component of the US logistics system, and a strike would lead to significant logistical dislocations, exacerbate ongoing supply chain challenges, put additional upward pressure on prices and, thus, do substantial economic harm. Although a tentative agreement was reached between the major railways and union representatives (with the help of Biden Administration officials), it requires ratification by union members before going into effect. One of the largest of the 12 unions recently rejected the package, and concern has been expressed by several others.
Economic Costs of Hurricane Ian Include an Estimated $36.7 Billion Net Loss in US Output
Brief Published on September 30, 2022On September 28, Hurricane Ian made landfall along the southwest Florida coast causing severe wind damage and flooding. The loss of life and human suffering is of paramount importance and should be the primary concern, as well as enormous emotional losses. In addition, the storm will have a significant impact on the economy, which could rise if there is significant additional damage in South Carolina.
- Tags:
- storm,
- hurricane,
- Hurricane Ian,
- natural disaster,
- impact
The Economic Impact of the Texas Census Undercount
Brief Published on June 03, 2022The US Census Bureau recently released the 2020 Census estimated undercount and overcount rates from its Post-Enumeration Survey. The results indicate that the Texas population was undercounted by 1.92%.
- Tags:
- Census,
- impact,
- population,
- Texas
The Economic Effects of Family Caregivers
Brief Published on October 15, 2021Throughout human history, societies have relied upon family members to care for and support those with specific needs. For much of that time, virtually all assistance to the elderly was provided in that manner. One of the byproducts of this approach tended to be very large families. This phenomenon continues to exist in many emerging nations.