Make that Eleven!
Column Published in syndication March 22, 2023Texas continues its dominance in attracting major corporate locations and expansions, winning Site Selection magazine's "Governor's Cup" for an impressive eleventh consecutive year. The Cup is awarded to the state with the most projects involving a capital investment of at least $1 million, 20 or more new jobs, or 20,000 square feet of new construction.
Banking Booboos
Column Published in syndication March 15, 2023The recent shenanigans in several banks stoked fears of another financial crisis similar to the Great Recession in 2008 or the meltdown of the 1980s (I wrote a book about that one). Not to worry! The basic problems for each of the affected banks boiled down to inadequate risk management and issues specific to their situations rather than any systemwide weakness.
- Tags:
- banking,
- banking crisis,
- banking industry
How many jobs did Texas add in January?
Radio Spot Broadcast via Texas State Networks on March 16, 2023Dr. Perryman discusses the Texas jobs report for January.
- Tags:
- jobs,
- jobs report
The Best Investment
Column Published in syndication March 08, 2023It goes without saying that education is extremely beneficial to individuals, the economy, and society. It brings lower unemployment and higher earnings. Options and opportunities are much more plentiful for those with high school diplomas and post-high school training. Available jobs are not only better paying, but often more personally satisfying. From the perspective of the economy, education is crucial to workforce preparedness and, therefore, prosperity. Long-term demographic trends are not working in our favor, and worker shortages will persist for decades. Texas is better positioned than many states due to our younger population and in-migration, but only if students are well prepared. Excellent public education is the single most important factor in securing our future prosperity.
- Tags:
- education,
- investment
What are the latest expectations about the possibility of a recession?
Radio Spot Broadcast via Texas State Networks on March 10, 2023Dr. Perryman discusses the likelihood of a recession.
What is the latest on the inflation rate?
Radio Spot Broadcast via Texas State Networks on March 09, 2023Dr. Perryman discusses Fed Chair Jerome Powell's latest testimony regarding the inflation rate.
- Tags:
- Federal Reserve,
- inflation,
- interest rates
Why Should We Invest in Public Education?: The Economic Return on Investment for Public Education
Infographic Published on March 07, 2023Investing in public education yields tremendous economic benefits, and adequate resources are essential to future prosperity. Education also enhances civic participation and volunteerism. The Perryman Group recently estimated the returns on investments in public schools including spinoff and productivity gains; key results are summarized in this infographic.
What are the economic implications of food insecurity?
Radio Spot Broadcast via Texas State Networks on March 07, 2023Dr. Perryman discusses food insecurity and the numerous problems associated with it.
- Tags:
- food insecurity,
- hunger
Open for Business
Column Published in syndication March 01, 2023There has been a move afoot of late in Texas to reduce or eliminate diversity, equity, and inclusion (DEI) policies in settings such as higher education and hiring. Such efforts run counter to my boyhood notions of Texas as an open and welcoming place. Irrespective of any purported rationale behind these efforts, they put the state on a slippery economic slope with potentially substantial adverse consequences.
How is the Chinese economy performing?
Radio Spot Broadcast via Texas State Networks on March 06, 2023Dr. Perryman discusses the latest numbers on the Chinese economy.