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
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 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
The Economic Benefits of Bitcoin Mining to the United States and Top States
Report Published on January 27, 2024Once a novelty, digital assets such as cryptocurrencies have now emerged as a trillion-dollar industry. Although companies in the industry engage in a variety of activities, Bitcoin mining remains a primary function for most of the largest market participants. These enterprises serve as important employers and taxpayers in their local communities, which are often relatively small and rural, as well as providing peripheral benefits to the areas in which they operate. They also support the utility sector.
- Tags:
- impact analysis,
- blockchain,
- bitcoin
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 High Cost of Cutting the Surplus Agricultural Products Grant
Report Published on February 10, 2021Since the COVID-19 pandemic began, the number of Texans seeking food bank assistance has risen 200%. This dramatic increase in food insecurity has caused immeasurable stress and suffering, eroding the health and wellbeing of people across the state. In the midst of this greatly increased need for help, the surplus agricultural products grant, a key aspect of food bank support, has been drastically cut. If this reduction remains in place, the opportunity to acquire almost 20 million pounds of healthy local produce will be lost. Hunger involves quantifiable economic costs in the form of increased health care and social service needs, inferior educational outcomes, and lost productivity. The Perryman Group estimates that cutting the surplus agricultural products grant would cost the state economy hundreds of millions of dollars over time, with economic harms spreading across the entire economy. Because economic activity generates taxes, the cut would also lead to reductions in State and local taxes. State costs for health care and education would also rise due to the effects of hunger.
- Tags:
- agriculture,
- impact analysis,
- farmers,
- food
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:
- Permian Basin,
- oil,
- gas,
- impact analysis
Essential Early Education
Brief Published on December 09, 2025The importance of effective early childhood education can hardly be overstated. In addition to improving the future quality of life and opportunities for children by better preparing them for success in school, such options are crucial to working parents. The Perryman Group recently examined this phenomenon through an economic cost and benefit lens, and the results make a compelling case for substantial and sustained investments.
- Tags:
- children,
- education,
- impact analysis
Heat! The Economic Effects of Sustained Higher Temperatures
Brief Published on July 02, 2024In addition to the negative quality of life and health effects, excessive heat involves substantial economic costs. The Perryman Group estimated the net losses associated with recent heat conditions, as well as the potential long-term effects of hotter temperatures. During the past 12 months, the United States has been about 2.39 degrees above the twentieth-century global standard. If that pattern continues through the summer and the remainder of the year, the US economy will lose an estimated $110.2 billion in real gross product (measured in 2017 dollars) and 663,000 jobs compared to projections under normal weather conditions. As effects compound, losses could be expected to rise to $1.1 trillion in real gross product and more than five million jobs by 2050.
- Tags:
- heat,
- impact analysis