Travel and tourism is an important source of economic activity. Every year, millions of visitors to Texas spend billions of dollars in the state. In 2015, the number of person-stays was estimated to exceed 250 million and had been growing steadily for several years. Hundreds of thousands of individuals across Texas are employed in travel-related industries.
Dr. Perryman explains necessary measures to create a sustainable path forward for the state that nevertheless went unmet over the course of this session.
The 85th session of the Texas Legislature is underway, and as Dr. Perryman tells us, lawmakers will have less money to spend over the next two years.
One of the major economic stories that will dominate the news in 2017 will be the Texas legislative session. Dr. Perryman says its impact will be felt far and wide.
With the election over, newly elected Texas House and Senate members prepare for the legislative session that kicks off in January, and Dr. Perryman says they face a mountain of problems.