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U.S. Budget Woes, the CBO Projections
(Private Enterprise Research Center, Texas A&M University, 2018-04-30)
The latest projections from the Congressional Budget Office are worrisome and were expected to be so. In fact, federal debt held by the public is projected to be 106% of GDP by 2028 and deficits are expected to persist ...
Health Care Spending in the United States: What is Next?
(Private Enterprise Research Center, Texas A&M University, 2016-12-01)
Health care spending will always command public policy attention given the prominence of government payers in this market and the role played by the tax system in subsidizing health insurance purchases. But, with President-elect ...
Economic Indicators of the College Station-Bryan MSA, December 2019
(Private Enterprise Research Center, Texas A&M University, 2019-12-18)
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 ...
Coronavirus Economics: The Impact of Shutting Down Meatpacking Plants
(Private Enterprise Research Center, Texas A&M University, 2020-06-25)
Motivated by the observed beef and livestock market impacts of coronavirus-caused meatpacking plant shutdowns, this paper constructs a theoretical model to study the effects of closures among downstream producers on both ...
Economic Indicators of the College Station-Bryan MSA, February 2020
(Private Enterprise Research Center, Texas A&M University, 2020-02-24)
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 ...
Economic Indicators of the College Station-Bryan MSA, June 2019
(Private Enterprise Research Center, Texas A&M University, 2019-06-24)
The Business-Cycle Index increased by a scant 0.06% between March and April 2019, which translates to an annualized increase of 0.8%. Nonfarm employment increased by 0.2% from March to April and is now 2% higher over the ...
Economic Indicators of the College Station-Bryan MSA, March 2019
(Private Enterprise Research Center, Texas A&M University, 2019-03-25)
The Business Cycle Index decreased at an annualized rate of -1% between December 2018 and January 2019. Nonfarm employment in College Station-Bryan increased 0.9% from December 2018 to January 2019 and is up 3.5% from the ...
Economic Indicators of the College Station-Bryan MSA, December 2021
(Private Enterprise Research Center, Texas A&M University, 2021-12-16)
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 ...
Economic Indicators of the College Station-Bryan MSA, July 2019
(Private Enterprise Research Center, Texas A&M University, 2019-07-22)
The Business-Cycle Index increased at a robust annualized rate of 5.8% between April and May 2019. The seasonally adjusted unemployment rate reached an all-time low of 2.8% in May. Nonfarm employment increased by 0.1% from ...
The Fed’s Slow Realization of the Inflation Problem
(Private Enterprise Research Center, Texas A&M University, 2022-04-12)
For the 30 years prior to the peak of the previous business cycle in February 2020, monthly inflation rates based on the consumer price index averaged 2.4% while the personal consumption expenditures price index averaged ...