The Perryman Group

On balance, our latest projections call for moderate growth for the US economy over the next five years (though we expect unevenness over time and across industries).

The Five‑Year Outlook for the US Economy | The Perryman Group Although indicators are somewhat mixed, the US economy generally continues to demonstrate modest growth even when confronted with significant challenges. Labor market performance has remained relatively stable, and capital investment continues (particularly in data centers and AI). Let's explore som...

The US national debt recently crossed an ignoble threshold, exceeding gross domestic product (GDP) for the first time since World War II.

Malevolent Milestone | The Perryman Group The US national debt recently crossed an ignoble threshold, exceeding gross domestic product (GDP) for the first time since World War II. Budget deficits are high and accelerating, escalating debt levels rapidly despite a relatively strong economy.

Despite a chaotic period for the economy, the job market has remained fairly steady.

Jobs‑A Closer Look | The Perryman Group Despite a chaotic period for the economy, the job market has remained fairly steady. Uncertainty was rampant, with on-again-off-again tariffs, geopolitical conflicts reaching new levels of intensity (and directly involving the United States), immigration crackdowns and other policy changes impacting...

The UAE leaving OPEC, would reduce OPEC’s overall market share and possibly encourage other countries to reevaluate their positions.

Cracks in the Cartel | The Perryman Group In 1960, five major oil producing countries (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela) formed the Organization of the Petroleum Exporting Countries (OPEC). The idea was to coordinate production to stabilize prices, countering market power then held by large multinational oil companies. OPEC i...

Texas had several of the top MSAs in the country for population growth from July 2024 to July 2025.

Mega Metro Magnets | The Perryman Group People continue to come to Texas, and the state's largest Metropolitan Statistical Areas (MSAs) are where most of them are landing (almost 88% in the top four alone). I wrote about Texas population growth in a prior column when the state data was released, and the gist is that while the pace of expa...

Texas continues to lead the nation in economic development.

Triple Crown | The Perryman Group In what has now become an annual tradition, Texas is once again the winner of Site Selection magazine's Governor's Cup. For the 14th consecutive year and 22nd year in total, Texas was recognized as the state that attracted the most major job-creating business location and expansion projects over the...

Texas has changed dramatically over the last 25 years.

Twenty‑Five Years | The Perryman Group A profound transformation driven by technological advancements has occurred over the past 25 years, reshaping the economy. New industries and business models that were unimaginable a quarter-century ago have been unleashed, creating and redefining jobs at a rapid pace. Texas, in particular, has unde...

Higher oil prices clearly bring certain benefits to Texas but there are costs as well. The ultimate net effect will only be determined once the immediate and still volatile crisis has passed.

$100 Oil | The Perryman Group The ongoing conflict in the Middle East has sent oil prices surging, with West Texas Intermediate Crude prices up from below $60 a few months ago to above $100 on several recent days. In addition to disrupting Middle East production capacity, the conflict has brought the de facto closure of the Stra...

We are finally seeing some balance returning to the Texas housing market, although notable issues remain (particularly affordability and supply).

Housing | The Perryman Group We are finally seeing some balance returning to the Texas housing market, although notable issues remain (particularly affordability and supply). Prices are flattening and even dropping in some areas, and houses are staying on the market considerably longer than a few years ago. However, the current...

The amount of natural gas produced and marketed in the United States reached a record high in 2025, up by 5.3 billion cubic feet per day (Bcf/d) to average 118.5 Bcf/d.

Natural Gas | The Perryman Group The amount of natural gas produced and marketed in the United States reached a record high in 2025, up by 5.3 billion cubic feet per day (Bcf/d) to average 118.5 Bcf/d, according to data from the Energy Information Administration (EIA). About two thirds of production occurs in three regions--Appalac...