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The Potential Impact of a Comprehensive Nondiscrimination Act on Business Activity in Texas
Report Published on May 27, 2020

Discrimination in employment, housing, and access to public places such as restaurants, hotels, and shops leads not only a loss of dignity and opportunity for those on the receiving end of such treatment, but also involves significant economic costs stemming from both a diminished ability to attract knowledge workers and reduced opportunities for tourism, conventions, and related activity. In the aftermath of the COVID-19 pandemic, these issues become even more important. Competition for quality development will markedly intensify as various states and countries seek to revitalize their economies, and firms employing highly trained workers will expand their emphasis on social governance and community environments. Similarly, as the tourism and hospitality sector seeks to rebound from the massive losses from recent restrictions, the efforts to attract major events and promote local venues will escalate notably. Comprehensive Non-Discrimination Acts (CNDAs) can help reduce discrimination and send a definitive signal that an area will not tolerate such practices in the workplace, public venues, and other settings.

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The Economic Outlook for Texas and Its Major Metro Areas: Recovery Slows, but Continues
Brief Published on October 22, 2020

The most recent employment data indicates that the pace of hiring in Texas has slowed. In September, 40,700 net new jobs were added, compared to 111,900 in August. Moreover, the unemployment rate rose and is now higher than the national level. While this slowing is not good news, it was not unexpected.

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Preliminary Estimate of Economic Harm from Hurricane Laura
Brief Published on September 01, 2020

Category 4 Hurricane Laura made landfall just after midnight on August 27, 2020 in Cameron Parish, Louisiana, about 35 miles east of the Texas border. While the damage was significant, the economic costs could have been far worse. The Perryman Group estimates that if the storm had made landfall as a direct hit on one of the nearby refining and petrochemical areas (such as Beaumont), the economic losses could have been 8 to 10 times as large as preliminary damage estimates have indicated.

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The Economic Outlook for Texas and Its Major Metro Areas: Recovery from COVID‑19 Begins as the Economy Reopens
Brief Published on July 29, 2020

May and June jobs reports for Texas and the state's largest metropolitan areas were encouraging and reflect the fact that as businesses began to reopen, what was essentially a sound economy before the pandemic responded relatively quickly. Nonetheless, employment remains well below pre-COVID-19 levels. The Perryman Group's latest forecast calls for significant year-over-year losses for 2020, but notable recovery next year. If additional interruptions are required as a result of the recent surge in cases, hospitalizations, and deaths in Texas, the annual declines will escalate.

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The Economic Outlook for the United States: Recovery from COVID‑19 Begins as the Economy Reopens
Brief Published on July 27, 2020

The most recent US jobs reports indicate significant gains and decreasing unemployment, but the total increase over the past two months is far below losses during March and April. Moreover, the recent increase in COVID-19 infections may cause the recovery to slow. The situation remains challenging and fluid, and the recovery will likely be bumpy.

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Supreme Court DACA Ruling Preserves Millions of Jobs
Brief Published on June 23, 2020

The US Supreme Court recently ruled to preserve DACA, the Deferred Action for Childhood Arrivals program. DACA allows individuals who came to the US as children to remain under certain conditions and was implemented in 2012. Since that time, about 800,000 people have received protection under the act, which requires that recipients either be in school or be employed. Although the decision does not permanently secure the program, it provides critical near-term security to the affected group.

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The Economic Benefits of Statewide LGBTQ Nondiscrimination in Texas
Infographic Published on May 27, 2020

Discrimination in employment, housing, and access to public places such as restaurants, hotels, and shops leads not only a loss of dignity and opportunity for those on the receiving end of such treatment, but also involves significant economic costs stemming from both a diminished ability to attract knowledge workers and reduced opportunities for tourism, conventions, and related activity. This infographic summarizes key findings in The Perryman Group's recent report: "The Potential Impact of a Comprehensive Nondiscrimination Act on Business Activity in Texas."

What is the rate of home ownership in Texas?
Radio Spot Broadcast via Texas State Networks on August 14, 2020

Dr. Perryman explains what has allowed home ownership in Texas to reach an all-time high. 

What can we expect from the economy in 2020?
Radio Spot Broadcast via Texas State Networks on January 01, 2020

Dr. Perryman looks ahead to 2020.

The Short‑Term Forecast for the Texas Economy
Column Published in syndication August 05, 2020

The last two (May and June) Texas jobs reports were encouraging, reflecting the fact that, as businesses began to reopen, what was essentially a sound economy before the pandemic responded relatively quickly. However, even with these gains, Texas is nonetheless almost 700,000 jobs below a year ago and about 900,000 below the level just before the outbreak began.