and a humanitarian crisis at our southern border. And we’re at diametric odds over so many important issues.One indicator is our entrepreneurial spirit. People still want to be the authors of their own destinies and are striking out on their own, the Small Business Administration tells us. “No one wants to work for anyone anymore,” a regional district chief says. “It’s amazing to me — the American spirit of doing something on your own.
Longtime Texas economist Ray Perryman cites a litany of reasons to believe that the Lone Star State will continue to lead the national economic pack, starting with Texas’ solid grounding. He’s sticking with his forecast that the state will add 7 million new jobs by 2050.“Additionally, state housing markets have been more closely tied to underlying growth rather than speculation or temporary relocations by remote workers,” the CEO of Waco-based Perryman Group says.
Perryman, who is sometimes called “Bullish Ray,” is on the most positive edge of the economic spectrum. Other economists, including Pia Orrenius, senior economist at the Federal Reserve Bank of Dallas, are taking a much more cautious stance. “We’re increasingly convinced there’s a downturn coming in 2023,” she tells us. “Whether it’s a growth slowdown or an outright recession, we don’t know yet.”
This is some good graphic design. Appreciated.