PERC Staff Release Presentation on the Coronavirus and the Economy

Apr 02, 2020
Summary: PERC's Director Dennis Jansen and Executive Associate Director Andrew Rettenmaier gave a presentation to local business leaders and other interested parties on the coronavirus pandemic and its impact on College Station-Bryan. The attached presentation includes information on:
- The staggering number of initial unemployment claims nationally and in Texas for the week ending March 28.
- Estimates for the local unemployment rate under alternate scenarios for employment in the Leisure and Hospitality industries.
- The impact of falling oil prices for state and local area GDP, and for state revenues

Click here to view the presentation.