The High Economic Cost of the Opioid Crisis
Brief Published on September 13, 2023Opioid addiction and overdoses have devasted individuals, families, and communities across the state, nation, and world. The human costs of this health crisis are immeasurable and are the reason that aggressively attacking this crisis is a social and humanitarian imperative. At the same time, there are significant economic consequences and impacts that stem from this massive health issue. The Perryman Group recently estimated the costs of the opioid crisis in Texas in order to provide a perspective on the magnitude of these negative effects.
How does Texas perform in terms of exports?
Radio Spot Broadcast via Texas State Networks on September 13, 2023Dr. Perryman discusses Texas exports.
Metro Outlook
Column Published in syndication September 06, 2023Although there are clearly challenges facing the global economy, the outlook for Texas remains largely favorable. Looking within the state, projected growth across all the entire spectrum of diverse metropolitan areas is also positive, though the pace of expansion varies notably. Let's take a quick look at some of our latest projections for the next five years.
- Tags:
- Texas,
- MSA,
- economic forecast
What is the latest on the oil industry?
Radio Spot Broadcast via Texas State Networks on September 07, 2023Dr. Perryman discusses the state of the oil industry and the impact on Texas.
- Tags:
- Texas,
- oil,
- oil industry
Meeting the Future Need for Energy
Newsletter Published on September 06, 2023 (Vol. 40, No. 05)The world's need for energy is growing, even as the climate is changing. The only answer to meeting future needs is an 'all of the above' strategy, with responsible use of conventional fuels as well as alternative sources of energy. In this issue, key trends and projections are highlighted.
- Tags:
- energy,
- Metroplex Region
How did the August jobs report look?
Radio Spot Broadcast via Texas State Networks on September 06, 2023Dr. Perryman discusses the August jobs report.
- Tags:
- jobs report
Output by the Numbers
Column Published in syndication August 30, 2023In a recent column, I described our outlook for Texas job growth by industry. This time around, let's focus on our projections for output (or gross product). Simply stated, gross product is the final value of all of the goods and services produced in an area. It's a widely used measure of the health of an economy, and the US gross product numbers are always worthy of headlines.
- Tags:
- gross product,
- growth,
- industry
Big Mac Attack
Column Published in syndication August 23, 2023The Economist magazine's Big Mac index was recently released, providing insights into the cost of the classic McDonald's burger in countries around the world. The index was started in 1986 to provide a quick look at how currencies are trending against one another. The economic concept of purchasing power parity (PPP) indicates that exchange rates change over time to equalize the global price of an identical basket of goods and services. A single burger was chosen because it is highly standardized irrespective of location (and is ubiquitous and simple to grasp).
The Potential Economic Costs to the US Government of Discretionary Denial of Inter Partes Review Based on Criteria such as the NHK‑Fintiv Rules
Report Published on August 25, 2023Recently proposed rulemaking and legislation would increase discretionary denial of institution of inter partes review (IPR) matters based on the criteria set forth in the Apple, Inc. v Fintiv, Inc. (Fintiv) matter and similar provisions. The Fintiv guidelines and related restrictions can make it difficult for claims to be fully considered even in cases where there is a substantial probability of success for the petitioner. If the proposed guidelines were implemented, the result would be a reduction in IPR proceedings even for cases that are otherwise meritorious. As a consequence, the economic efficiency benefits associated with the IPR process would be substantially diminished.
What is TXDOT Planning for New Roads?
Radio Spot Broadcast via Texas State Networks on August 23, 2023Dr. Perryman discusses the economic benefits of new highway construction.
- Tags:
- economy,
- infrastructure,
- TXDOT