Texas Tomorrow

Dr. Ray Perryman

In the wake of tariffs, immigration crackdowns, geopolitical disruptions and heightened uncertainty, the pace of U.S. job growth has slowed significantly in recent months and has been trending at a pace well below historical patterns.

In addition, performance across industries has recently been notably uneven. While current challenges are clearly affecting nearterm expansion, looking out over a few decades, we are still seeing signs of solid potential.

One factor infl...