Hot and Dry
Column Published in syndication July 13, 2022

Virtually all of Texas is now abnormally dry. Comparisons to the bone-dry days of 2011 have begun, and it's not looking good. In fact, given the scope of the drought and the higher costs of inputs, agricultural losses across the state are likely to top 2011's record $7.6 billion total.

Changing Channel
Column Published in syndication June 08, 2022

A few years ago, I was asked to name the major events that shaped the Texas we know today. High on the list was the development of Allen's Landing and the Port of Houston during the early days of the Republic and the subsequent efforts at the dawn of the twentieth century to develop a deep-water channel in the area just as the oil industry was emerging. Without this critical infrastructure, Texas could not have become a vital hub of global commerce. I am tempted to say "and the rest is history" – but, in reality, it is also the future.

On the Path
Column Published in syndication February 16, 2022

The US economy continues to recover from the pandemic. Even in the midst of challenges both domestically and internationally, our latest projections call for expansion over the next five years. Here's an overview of some key patterns influencing the outlook.