The Economic Outlook for the US and Texas: Projected Recession and Recovery from COVID‑19
Brief Published on April 21, 2020The Perryman Group's most recent economic projections for the US and Texas incorporate the potential effects of COVID-19. The forecast calls for significant losses this year, but a fairly rapid recovery is expected once the worst virus issues have passed.
- Tags:
- coronavirus,
- COVID-19,
- forecast,
- Texas
The Economic Outlook for Texas' Major Metro Areas: Projected Recession and Recovery from COVID‑19
Brief Published on April 21, 2020The Perryman Group's most recent economic projections for Texas' largest metropolitan areas incorporate the potential effects of COVID-19 and the downturn in the energy sector. Like the US and Texas, these population centers will see significant losses this year, but a fairly rapid recovery once the worst virus issues have passed. The economic fallout will be significant for each, with the degree of decline and speed of recovery influenced by the differing concentrations of industries across population centers. The downturn, while sharp and painful, will likely be more of a pause than a fundamental change.
- Tags:
- coronavirus,
- COVID-19,
- metropolitan,
- MSA,
- Texas
COVID‑19 Pandemic Could Cost The Waco Area over 10,000 Job‑Years
Brief Published on April 03, 2020Measures taken to "flatten the curve" of the coronavirus and prevent a major spike in infections have caused a strong shock to the economy. As noted in recent reports by The Perryman Group related to COVID-19's impact on the US economy and the 10 most populous states, many factors will determine the ultimate effects of the coronavirus on the economy, most of which are highly uncertain at present.
- Tags:
- coronavirus,
- COVID-19,
- Waco
COVID‑19 Pandemic Could Cost Tens of Thousands of Job‑Years in Texas' Largest Metropolitan Areas
Brief Published on March 27, 2020Measures taken to "flatten the curve" of the coronavirus and prevent a major spike in infections have caused a strong shock to the economy. As noted in recent reports by The Perryman Group related to COVID-19's impact on the US economy and the 10 most populous states, many factors will determine the ultimate effects of the coronavirus on the economy, most of which are highly uncertain at present.
- Tags:
- coronavirus,
- COVID-19
COVID‑19 Pandemic Could Cost Most Populous US States Hundreds of Thousands of Job‑Years
Brief Published on March 27, 2020The inevitable result of measures taken to "flatten the curve" and prevent a major spike in coronavirus infections has been a strong shock to the economy. As noted in a recent report by The Perryman Group related to COVID-19's impact on the US economy, many factors will determine the ultimate effects of the coronavirus on the economy, most of which are highly uncertain at present.
- Tags:
- coronavirus,
- COVID-19
COVID‑19 Pandemic Could Cost the US Economy $973 Billion
Brief Published on March 25, 2020The disruptions caused by the coronavirus are wreaking havoc on individuals, families, the private sector, the public sector, the health care system, and the economy and society as a whole. In order to "flatten the curve" and prevent a major spike in infections, drastic measures have been taken. The inevitable result has been and likely will continue to be a strong shock to the economy.
- Tags:
- coronavirus,
- COVID-19
US‑Mexico‑Canada Agreement a Major Win for the Economy
Brief Published on January 30, 2020President Trump has signed the US-Mexico-Canada Agreement (USMCA) into law, replacing the 25-year old North American Free Trade Agreement. A strong trade agreement with Mexico and Canada is clearly a "win" for the US economy. Mexico has also passed the USMCA, and the ratification process is currently underway in Canada.
- Tags:
- trade,
- trade agreement,
- trade deal,
- USMCA