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Now showing 1 - 20 of 103

The ACA and the States
(Private Enterprise Research Center, Texas A&M University, 2015-01-01) Rettenmaier, Andrew J.; Saving, Thomas R.
Are We Taming Health Care Spending
(Private Enterprise Research Center, Texas A&M University, 2014-01-01) Rettenmaier, Andrew J.; Saving, Thomas R.
Cadillacs for All
(Private Enterprise Research Center, Texas A&M University, 2019-09-25) Jansen, Dennis W.; Liu, Liqun; Rettenmaier, Andrew J.
Healthcare reform in the form of Medicare for All, which promises to reduce health care spending by reimbursing providers at Medicareâ€™s rates per procedure, is now receiving renewed interest. This, along with the delay of the â€˜Cadillac Tax,â€™ a provision of the Affordable Care Act that was created to tax employer-sponsored health insurance plans whose premiums exceeded specified thresholds, both have long run implications. In this issue of PERCspectives on Policy, authors Dennis W. Jansen, Liqun Liu, and Andrew J. Rettenmaier examine how each fit in the current debate and their potential effects on federal spending, revenues and deficits.
The Carrot and the Stick of Medicaid Expansion
(Private Enterprise Research Center, Texas A&M University, 2014-05-01) Rettenmaier, Andrew J.; Saving, Thomas R.
Economic Indicators of the College Station-Bryan MSA, April 2024
(2024-04-17) Bullock, Ashley; Dennis, Jansen, W.; Ghosh Sinha, Somali
The Business-Cycle Index increased 0.2% from January to February 2024. The local unemployment rate for February 2024 was 3.1%, unchanged from the previous month. February’s local nonfarm employment increased by 0.2% from January 2024. Inflation-adjusted taxable sales were down by almost 1% from January 2024 to February 2024. Inflation-adjusted quarterly wage payments were down by 1.6% in the third quarter of 2023 compared to the previous quarter. College Station - Bryan ranks ninthth-lowest in overall Regional Price Parity and in Regional Housing Price Parity among eleven selected college towns.
Economic Indicators of the College Station-Bryan MSA, August 2020
(Private Enterprise Research Center, Texas A&M University, 2020-08-20) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
After rising somewhat in the second half of July, initial unemployment claims in the U.S. have resumed a steady decline, dropping below one million for the week ending on August 8, the lowest level recorded since the week ending on March 14. Initial claims in Texas and in the College Station-Bryan MSA have declined since the first week of July. The local June unemployment rate of 5.9% was the second-lowest among Texas metro areas. For the first half of 2020, hotel receipts in Brazos County were 50% of the receipts for the same period in 2019. Inflation adjusted taxable sales in the College Station-Bryan MSA for the first half of 2020 were down 4.1% compared to the first half of 2019. Air travel nationally and locally has increased since April. The number of travelers out of Easterwood Airport in July 2020 were 35% of the number in July 2019. The Business-Cycle Index increased 5.8% from May to June.
Economic Indicators of the College Station-Bryan MSA, August 2021
(Private Enterprise Research Center, Texas A&M University, 2021-08-23) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
The Business-Cycle Index increased by 1.1% from May to June 2021. The revised local unemployment rate decreased from 5.1% to 5.0% in June. Local nonfarm employment increased by 1.5% in June and was 2.8% below its February 2020 prepandemic level. Real taxable sales increased 0.6% from May to June and were essentially the same as in February 2020. The number of travelers out of Easterwood Airport was about eight percent higher in July 2021 than in June 2021 and was 99% of the number from July 2019.
Economic Indicators of the College Station-Bryan MSA, August 2022
(Private Enterprise Research Center, Texas A&M University, 2022-08-18) Bullock, Ashley; Jansen, Dennis W.; Rettenmaier, Andrew J.; Sinha, Somali Ghosh
The Business-Cycle Index increased 0.5% from May 2022 to June 2022. The local unemployment rate remained unchanged at 3.2% in June 2022. Local nonfarm employment in June increased by 1% from May and was 2.95% higher than its pre- pandemic high in February 2020. Local seasonally adjusted real (inflation-adjusted) taxable sales decreased by 2.4% from May 2022 to June 2022 but were 1.8% higher than the same month in 2021. The Government sector, including Texas A&M University, accounted for 32% of local total wages and 34% of employment during the fourth quarter of 2021.
Economic Indicators of the College Station-Bryan MSA, December 2018
(Private Enterprise Research Center, Texas A&M University, 2018-12-17) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
Growth remains positive, but is slowing. The Business-Cycle Index rose at an annualized rate of 2.4%, below the long-run average growth rate, but up slightly from the growth rate for September. The unemployment rate decreased 0.1% in October, to 2.8%. Employment in October decreased at an annualized rate of 1.4% from its September figure, but is up 1.3% from last yearâ€™s level in October 2017. In October 2018, real taxable sales were up 3.7% when compared to October 2017. Real wages decreased 0.6% from the first to second quarter of 2018, but displayed an increase of 4.1% over the last year.
Economic Indicators of the College Station-Bryan MSA, December 2019
(Private Enterprise Research Center, Texas A&M University, 2019-12-18) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
The College Station-Bryan Business-Cycle Index rose 0.8% between September and October for an annualized rate of 9.7%. The unemployment rate remains near its historical low but did exhibit a small 0.1 percentage point increase in October to 2.7%. Nonfarm employment figures were revised this month by the Federal Reserve Bank of Dallas. The revised series shows an increase in employment of 0.5% from September to October 2019 and a 3.4% increase relative to October 2018. Total wages in the local area increased at an annual rate of 0.6% between the first and second quarter of 2019. Taxable sales increased by 4.8% in October and are up 8.2% from the same month in 2018. The focus this month is on the characteristics of the local housing market and compares the changes in local housing prices to those in other Texas MSAs.
Economic Indicators of the College Station-Bryan MSA, December 2020
(Private Enterprise Research Center, Texas A&M University, 2020-12-17) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
The Business-Cycle Index increased by 1.6% from September to October 2020. The local unemployment rate decreased to 4.9% in October from 5.6% in September and remained the second-lowest rate among Texas metros. Local nonfarm employment increased slightly since September and is 4.2% lower in October 2020 than it was in October 2019. Local real taxable sales increased 6.5% from September to October but are 9.6% lower than the same month last year. Locally, 174 unemployment claims were filed during the week ending on November 28, the lowest weekly total since the week ending on March 14. Hotel receipts from January 1 through October of 2020 were 49% of the receipts for the same months of 2019. Local air travel increased between October and November and stood at 50% of air travel in November 2019.
Economic Indicators of the College Station-Bryan MSA, December 2021
(Private Enterprise Research Center, Texas A&M University, 2021-12-16) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
The Business-Cycle Index increased by 0.3% from September to October 2021. The revised local unemployment rate decreased from 4.1 to 4.0% in October. Local nonfarm employment increased slightly by 0.1% in October and was 3.9% below its February 2020 pre-pandemic level. Real taxable sales increased by 0.5% from September to October and were 4.6% higher than in February 2020. Real quarterly wages in College Station-Bryan increased by 5.2% in the second quarter compared to the first quarter of 2021. The count of air travelers out of Easterwood Airport in November 2021 was 85% of the November 2019 count.
Economic Indicators of the College Station-Bryan MSA, December 2022
(Private Enterprise Research Center, Texas A&M University, 2022-12-15) Bullock, Ashley; Jansen, Dennis W.; Rettenmaier, Andrew J.; Sinha, Somali Ghosh
The Business-Cycle Index increased 0.3% from September 2022 to October 2022. The local unemployment rate remained the same at 3.1% in October 2022, Octoberâ€™s local nonfarm employment increased by 0.4% from September. Local seasonally adjusted real (inflation-adjusted) taxable sales decreased by 0.7% from September to October 2022. Inflation-adjusted quarterly total earnings were released this month and increased by 1.7% from the first to second quarter of the year. Among comparable college towns, the percentage of the population 20-24 years of age was highest in College Station-Bryan at 17.4%.
Economic Indicators of the College Station-Bryan MSA, February 2019
(Private Enterprise Research Center, Texas A&M University, 2019-02-25) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
The Business Cycle Index for the month of December 2018 rose at an annualized rate of 4.6%, slightly above the long-run average. Nonfarm employment in College Station-Bryan rose slightly between November and December 2018 and is up 2.7% from its December 2017 figure. The unemployment rate, while low by historical standards, increased to 3% in December 2018 from 2.8% in November. Real taxable sales rose 0.8% in December and was 9.3% higher than sales in December 2017. In our focus section we discuss how official poverty rates for â€œcollege townsâ€� are misleading because of the relatively large share of college students and show that in applying a modified poverty measure, the rate in Brazos County drops from 26% to 15% after adjusting for college students.
Economic Indicators of the College Station-Bryan MSA, February 2020
(Private Enterprise Research Center, Texas A&M University, 2020-02-24) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
The Business-Cycle Index decreased by 0.2% in the month of December 2019. The unemployment rate remained at the same level as the previous month, 2.7% in December 2019. Nonfarm employment decreased 0.2% in the month of December, but is up 3.4% from its level in December 2018. Taxable sales showed a decrease of 1% in December and are up 3.2% compared to the previous year. The focus section highlights the monthly revenues, number of rooms and average monthly revenues per room in the hotel industry in College Station-Bryan.
Economic Indicators of the College Station-Bryan MSA, February 2021
(Private Enterprise Research Center, Texas A&M University, 2021-02-22) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
The Business-Cycle Index increased by 1.8% from November to December 2020. The local unemployment rate decreased to 5.4% in December from 5.9% in November and remained the second-lowest rate among Texas metros. Local nonfarm employment increased slightly by 1% in December and is 3.6% lower than it was in December 2019.Local real taxable sales increased 1.1% from November to December but were 4.3% lower than the same month last year.
Economic Indicators of the College Station-Bryan MSA, February 2022
(Private Enterprise Research Center, Texas A&M University, 2022-02-21) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
The Business-Cycle Index increased by 0.8% from November to December 2021. The local unemployment rate decreased to 3.8% in December from 3.9% in November. Local nonfarm employment increased by 0.6% in December and was 2.5% lower than its pre- pandemic high in February 2020. Local real taxable sales slightly decreased 0.6% from November to December 2021 but were 14.7% higher than the same month in 2020. Nationally, the total number of air travelers in 2021 rebounded to 69% of the 2019 count, with November and December rising to 84% of the same months in 2019.
Economic Indicators of the College Station-Bryan MSA, February 2023
(Private Enterprise Research Center, Texas A&M University, 2023-02-16) PERC Staff
The Business-Cycle Index increased 0.8% from November 2022 to December 2022. The local unemployment rate decreased to 3.1% in December 2022 compared to 3.2% in November. Decemberâ€™s local nonfarm employment increased by 0.3% from November to December. Inflation-adjusted taxable sales were down by almost 1% from November to December. The inflation-adjusted median listing price per square foot for local housing increased 21% from January 2021 to December 2022.
Economic Indicators of the College Station-Bryan MSA, February 2024
(Private Enterprise Research Center, Texas A&M University, 2024-02-15) Bullock, Ashley; Jansen, Dennis W.; Ghosh Sinha, Somali
The Business-Cycle Index increased from 226 in May 2023 to 228 in June 2023. The local unemployment rate decreased from 3.4% in May 2023 to 3.3% in June 2023. Local nonfarm employment increased by 0.3% from May to June. June’s inflation-adjusted taxable sales were down by 1.2% from May. By using a modified poverty measure that adjusts for college students, the poverty rate in Brazos County drops from 25% to 18%.
Economic Indicators of the College Station-Bryan MSA, January 2019
(Private Enterprise Research Center, Texas A&M University, 2019-01-21) Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J.
Employment in November 2018 increased at an annualized rate of 4.4% from its revised October figure and is up 2.5% from the level in November 2017. Employment counts from June to November 2018 were revised upward with the most recent data release. The Business Cycle Index for the month of November 2018 rose at an annualized rate of 7.3%, above the long-run average. The Unemployment rate remained unchanged at the historically low rate of 2.8%. Real taxable sales for the month of November 2018 were up 4% compared to November of the previous year. Local GDP experienced the third highest growth between 2001 and 2017 of the measured Texas Triangle metros, exceeding the state and national GDP growth rates.