Category Archives: Economic Outlook

Number of Texas Distilleries Grew 2275% in 10 Years

Posted on June 23, 2022 by Joel Whitaker

In 2020, Texaas distillleries output totaled $1.28 billion, according to a new study from researchers at the University of Texas San Antonio’s Institute for Economic Development.  Sales by Texas distilleries reached nearly $2 billion and supported 4,900 jobs which paid … Continue reading →

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Gas Prices, Inflation and Where Consumers Spend (A Note from Joel)

Posted on June 16, 2022 by Joel Whitaker

We’ve been having some internet issues in recent days — all of a sudden, we’d lose our connection.  Then, a few minutes (or maybe many minutes) later, it would return as suddenly as we lost it.  So, we called Verizon, … Continue reading →

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Stock Market Selloff Hits Nearly Every Bev/Al Stock

Posted on June 13, 2022 by Joel Whitaker

The inflation bear rampaged through Wall Street Monday, gnawing on nearly every bev/al stock that we follow with three exceptions.  At least two of those will probably be trading lower by the time U.S. markets open Tuesday. The big picture:  … Continue reading →

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Economy Watch: Why Consumers Are Anxious

Posted on June 6, 2022 by Joel Whitaker

“Global food prices are up 30% year-on-year. House prices have jumped a record 21% in that same period. Oil has doubled,” says Bernhard Weber of Fortune. “You get the picture. And wages? Meh, paychecks are roughly 5% fatter in 2022. … Continue reading →

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Economy Watch: Expect a Strong Rebound in 2d Quarter — ING

Posted on June 1, 2022 by Joel Whitaker

After the surprise contraction in the first quarter,ING Economics says there is growing evidence to suggest the U.S. economy will rebound strongly in the second with 4%+ GDP growth on the cards. The labor market is strong, consumers are spending … Continue reading →

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Economic Growth Seen Continuing in 2022

Posted on May 24, 2022 by Joel Whitaker

The U.S. economy will continue to expand for the rest of 2022, say the nation’s purchasing and supply executives in the Spring 2022 Semiannual Economic Forecast. Expectations for the remainder for 2022 are similar to those expressed in December 2021, … Continue reading →

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