Dr. M. Ray Perryman

Feeling the pinch

Since 2013, the Federal Reserve has conducted an annual Survey of Household Economics and Decisionmaking (SHED), which seeks to measure the economic wellbeing of US households. In October 2022, 11,000 adults across the country were asked a variety of questions about their financial situations.

The long-term outlook for the U.S. economy

Gazing out over the next few decades, I see at least three major challenges confronting the U.S. economy.

Dr. M. Ray Perryman: The Outlook for the Texas Economy

With COVID-19 cases continuing to fall and vaccination rates rising, things are beginning to feel a bit more normal. The economy is growing, and the outlook remains positive as the health crisis abates.

Dr. M. Ray Perryman: Texas Jobs

As with the U.S. numbers a couple of weeks ago, Texas experienced an expected uptick in employment in May. The addition of 237,800 jobs led all states and was by far the largest monthly gain that Texas has ever seen.

The Perryman Report: A modest uptick

The most recent U.S. jobs report brought a gain of 2.5 million jobs in May and a decrease in the unemployment rate from 14.7% to 13.3%. It’s an important positive signal, particularly given that many analysts were anticipating losses of another eight million or more.