The Short‑Term Outlook for the US Economy
Newsletter Published on March 19, 2024 (Vol. 41, No. 01)The US economy continues to expand in spite of a variety of challenges. The Perryman Group's latest forecast calls for growth over the next five years, though the pace may be uneven. Key patterns affecting future performance are described in this issue.
Burned!
Column Published in syndication March 13, 2024Recent wildfires in the Texas panhandle have burned well over a million acres, causing tragic loss of life and devastating local communities. In addition, the fires have destroyed livestock and grazing land in this region which is crucial to the US beef industry.
- Tags:
- wildfires,
- Texas panhandle,
- economy,
- agriculture
Texas has more employees in the financial sector than any other state.
Radio Spot Broadcast via Texas State Networks on March 18, 2024Dr. Perryman discusses why Texas now leads all states in employment in the financial sector.
- Tags:
- financial sector,
- employment,
- Texas
What did the Consumer Price Index show in February?
Radio Spot Broadcast via Texas State Networks on March 13, 2024Dr. Perryman discusses the increase in the consumer price index in Febraury and the impact it may have on the Federal Reserve.
- Tags:
- Federal Reserve,
- CPI,
- inflation
An Even Dozen
Column Published in syndication March 06, 2024For the 12th year in a row, Texas attracted the lion's share of major corporate locations and expansions in the US, winning Site Selection magazine's coveted "Governor's Cup" yet again for 2023. The Cup is awarded to the state with the most projects involving a capital investment of at least $1 million, 20 or more new jobs, or 20,000 square feet of new construction. Site Selection also recognized Texas as having the nation's best business climate in November.
The High Cost of the Texas Panhandle Wildfires
Brief Published on March 08, 2024Recent wildfires in the Texas panhandle have burned well over a million acres, causing tragic loss of life and devastating local communities. In addition, the fires have destroyed livestock and grazing land in this region which is crucial to the US beef industry.
- Tags:
- natural disaster,
- fire
What is the Texas Jobs, Energy, Technology, and Innovation Program?
Radio Spot Broadcast via Texas State Networks on March 08, 2024Dr. Perryman discusses the new Texas Jobs, Energy, Technology, and Innovation Program.
- Tags:
- energy,
- technology,
- economic incentives,
- jobs
What is the sentiment among small business owners about the US economy?
Radio Spot Broadcast via Texas State Networks on March 07, 2024Dr. Perryman discusses the latest survey of small business owners about the US economy.
- Tags:
- economy,
- small business,
- United States
What does the increase in the Personal Consumption Expenditure Price Index mean for interest rates?
Radio Spot Broadcast via Texas State Networks on March 06, 2024Dr. Perryamn discusses how the Fed will likely view the increase in the Personal Consumption Expenditure Price Index.
- Tags:
- Federal Reserve,
- interest rates
Global Growth
Column Published in syndication February 28, 2024I often tend to focus on the US economy. Let's explore some context by examining how other countries are faring. Rates of expansion around the world vary significantly, and a few points about current patterns are noteworthy.
- Tags:
- global,
- economic growth,
- GDP