Newsworthy: housing, labor and energy
On the record: trains carry the load of U.S. crude surge as pipeline growth lags
Greg L. Armstrong is chairman and CEO of Plains All American Pipeline LP, one of the nation?s largest crude oil and energy transportation companies. The Houston-based firm handles more than 3.5 million barrels per day of crude oil and natural gas liquids (NGLs), much of it through pipeline, rail tanker car, trucking and terminal holdings. Armstrong is also a director and chairman pro tem on the board of the Federal Reserve Bank of Dallas, Houston Branch.
On the record: bankers reengage in housing as purchasers confront budget-busting prices
Mark G. Dotzour is chief economist and director of research at the Real Estate Center at Texas A&M University. Dotzour, an observer of residential and commercial real estate trends, discusses why Texas home prices are hitting new highs, the prospects for new construction and housing?s overall impact on the Texas economy.
On the record: Texas students often lack skills, financial knowledge for college success
Jeff Webster is assistant vice president for research and analytical services for TG (Texas Guaranteed Student Loan Corp.), a nonprofit that promotes educational access and administers the Federal Family Education Loan Program. He has studied student loan default, debt burden and student retention.
On the record: Hispanic workforce faces smaller but persistent education, wage gaps
Marie T. Mora, a past president of the American Society of Hispanic Economists, is an expert on labor-market issues, particularly along the U.S.?Mexico border. She is coauthor with Alberto Dvila of the forthcoming book Hispanic Entrepreneurs in the 2000s and is a professor of economics and Vice Provost Faculty Fellow at the University of Texas?Pan American in Edinburg.
On the record: immigrant legalization offers range of economic gains, some fiscal costs
Pia Orrenius is a vice president and senior economist at the Federal Reserve Bank of Dallas. She has written extensively on the economic effects of immigration and coauthored the book Beside the Golden Door: U.S. Immigration Reform in a New Era of Globalization. She discusses the Obama administration?s recently announced plans to legalize the status of several million unauthorized immigrants.
Spotlight: health coverage misses many in DFW, Texas
The Dallas?Fort Worth metro area has a higher median income than Texas and a slightly higher median income than the U.S. as a whole (see chart). It recently ranked among the nation?s most attractive areas for job seekers. It even features prominently on lists of upper-income amenities such as shopping malls, spas and cosmetic-surgery expenditures per capita. Yet both Dallas and Tarrant counties feature uninsured rates that would rank among the top 10 states in the nation, with Dallas County?s 30.5 percent nearly double the national average.
On the Record: A Conversation with Ronen Avraham - Tort Reform in Texas Changed Delivery of Medical Services
Ronen Avraham is the Thomas Shelton Maxey Professor in Law at the University of Texas Law School, where his primary academic interest is the economic analysis of torts and health care law. He created and published the Database of State Tort Law Reform, now in its fifth edition. Avraham is a board member of the American Law and Economics Association.
On the Record: A Conversation with Bill Gilmer - Energy Woes to Weigh on Houston Recovery, Local Economist Says
Bill Gilmer, director of the Institute for Regional Forecasting at the University of Houston’s Bauer College of Business, assesses the effect of the oil industry on the Houston economy and provides an outlook for 2021.
Underemployment poses long-term financial risk to more workers
The underemployed and the discouraged?those who have given up trying to find work? are additional indicators of labor dislocation.