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.
Import and export activity is an essential aspect of optimizing economic performance. By allowing each nation to focus resources on those goods and services where it has a competitive advantage and import other products, foreign trade helps improve business conditions and quality of life around the globe.
Recent advances such as hydraulic fracturing, horizontal drilling, as well as new discoveries, increased exports, and infrastructure improvements will lead to less volatility, larger scale drilling programs, increased cycle times, and a larger permanent workforce and population. These changes and their associated spin-off effects will lead to myriad economic benefits, including increased output (real gross product), greater personal income, new (and higher paying) jobs, additional retail sales, and enhanced tax revenues. The resulting growth brings enormous potential benefits, but also has profound implications for housing, infrastructure, education, health & wellness, and quality of place. Proactive efforts to prepare for the coming growth can position the area to emerge stronger and more prosperous in the future.
President Trump's recent announcement that the United States and the European Union (EU) would begin trade negotiations and work toward reducing constraints that could yield short-term success and help set the stage for other progress in the near future. EU members are major US trading partners, and, not only would a strong trade deal with zero tariffs have the potential to further enhance economies on both sides of the Atlantic, but also provide substantial benefits for the state of Texas.
Dr. Perryman explains a positive trend in terms of employment for Black female workers.
Japan and the EU announced a trade deal that Dr. Perryman says will put the US at a significant competitive disadvantage.
Europe remains in flux; the fate of Brexit, kicked to parliament, and a new US president who appears to have little use for the current European order.
The Euro is beginning to show signs of improvement, but it's coming back from a 12-year low and Europe continues to have structural issues.