Tariff Turbulence
Column Published in syndication December 04, 2024President-elect Trump has announced that he is planning to implement a 25% tariff on all goods imported to the US from Canada and Mexico. The stated goals are to reduce the flow of fentanyl and other drugs into the United States and to increase assistance with controlling illegal immigration. While these issues are certainly important, the economic costs of such tariffs would be enormous.
- Tags:
- tariffs,
- Canada,
- Mexico,
- United States
How have holiday sales been so far this year?
Radio Spot Broadcast via Texas State Networks on December 04, 2024Dr. Perryman discusses Cyber Monday and holiday sales so far this year.
The Long‑Term Outlook for the US Economy
Newsletter Published on December 03, 2024 (Vol. 41, No. 08)The long-term outlook for the US economy is positive. Business cycles are inevitable, but significant growth is expected in the decades to come.
The High Economic Cost of Proposed Tariffs on Imports from Canada and Mexico
Brief Published on December 03, 2024President-elect Trump has announced that he is considering a 25% tariff on goods from Canada and Mexico. The stated goals are to reduce the flow of fentanyl and other drugs into the United States and to increase assistance with controlling illegal immigration. While these issues are important, the economic costs of such tariffs would be enormous. If levies of this magnitude are actually implemented and sustained for an extended period, The Perryman Group estimates that almost two million US jobs could be lost.
Holiday Hoopla!
Column Published in syndication November 27, 2024It's that time again - let the holiday shopping begin in earnest! The National Retail Federation (NRF) projects that a record number of people (183.4 million) will be shopping during Thanksgiving weekend. Traditionally among the busiest shopping days of the year, "Black Friday" is often thought to be the day when retail outlets become profitable (or "go into the black") for the year. In reality, the term was first used in the 1860s to describe a gold market collapse engineered by some of the so-called "robber barons" and became associated with Thanksgiving in the 1960s in order to describe the chaos that often occurred in Philadelphia on the day between the holiday and the Army-Navy football game.
- Tags:
- consumers,
- holiday shopping,
- Black Friday
Texas Ranked as the State with the Best Business Climate
Radio Spot Broadcast via Texas State Networks on December 02, 2024Dr. Perryman discusses Site Selection Magazine ranking Texas as the state with the best business climate.
- Tags:
- business climate,
- Texas
Texas is a Leader in Renewable Energy
Radio Spot Broadcast via Texas State Networks on November 28, 2024Dr. Perryman discusses how Texas is a leader in renewable energy but we will need an "all of the above" energy strategy for the future.
- Tags:
- energy,
- energy security,
- renewable energy,
- Texas
Shrinking Schools
Column Published in syndication November 20, 2024It's a fact of US demographic life that school enrollments are likely to trend downward. The population is aging, birth rates are dropping, and consequently there are fewer school-aged children. The National Center for Education Statistics estimates that enrollment fell by 2.1% between 2017 and 2022, with a decline of 5.5% projected through 2031. The changes vary dramatically across the country, with drops exceeding 13% in California, Hawaii, New Mexico, New York, and West Virginia through 2031 projected. Texas is forecast to fall by only 0.9% (but will expand modestly if current migration patterns persist).
- Tags:
- demographics,
- enrollment,
- public school
What did the Texas jobs report look like last month?
Radio Spot Broadcast via Texas State Networks on November 25, 2024Dr. Perryman discusses the Texas jobs report for October.
- Tags:
- Texas,
- jobs,
- jobs report
What did the October Producer Price Index show?
Radio Spot Broadcast via Texas State Networks on November 22, 2024Dr. Perryman discusses the October Producer Price Index.
- Tags:
- inflation,
- Producer Price Index