Economy expert Ray Perryman gave an overview of the national, state and local fiscal situations this week at PlainsCapital Bank’s 10th annual Economic Outlook Conference recent luncheon at the McKenzie-Merket Alumni Center at Texas Tech.
Perryman, who lives in the Midland-Odessa area and is CEO of the Waco-based Perryman Group, has toured the state giving similar presentations for 34 years. His presentations include a bipartisan analysis of how nationwide issues and discussions affect the economy on all levels.
The impact of the tax reform legislation passed last year has been one subject Perryman said he has been asked about often in recent months. He said the hypothesized positive effects of the $1.5 trillion tax cut over the next 10 years may be a bit ambitious, but the move will undoubtedly trigger some financial developments.
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