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    January 15, 2018

    US Population Growth Decline Makes Economic Growth Hard

    In 2017[i], the US population grew by 2.3 million, a 0.7% increase (that is 7/10s of one percent).  We have been running at about this rate since 2010.  However, it is well below the post WWII average of about 1.2%.  The only other time in our country’s history that the population growth was this slow...
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    November 12, 2017

    State of Texas Debt has nearly Doubled in Last Seven Years

    Want a killer Trivial Pursuit question?  How about this? While Barack Obama was President, did the debt of the Federal government or the State of Texas increase more on a percentage basis? Republicans are quick to point out that while Obama was president the federal debt increased far more than under any other president.  But...
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    November 12, 2017

    City of Houston Sales Taxes Continue to Stagnate

    The Texas Comptroller reported yesterday that the City’s sales tax receipts for November (which reflect September sales) were up by 2.3%.  This followed a decline of 3.9% in October.  The October decline was to be anticipated because of Harvey.  However, I had expected to see more of a rebound in November from storm repair purchases. ...

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