economic pulse

Current Issues


Economic Pulse articles are designed to provide data-driven analytics that could be used by lay business owners, policymakers, and the general public.


In Harvey's Path ...

Should Harvey make landfall in Corpus Christi instead of near Rockport, the amounts of storm-related fatalities and economic losses would have been about ten times larger. The road to business and community recovery in the Coastal Bend would likely be longer. Harvey would also likely be the costliest natural disaster in U.S. history. These counterfactual estimates are simply the outcomes of less than one-degree deviation from the coordinates of the historical storm track.

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Coastal Bend Industry and Workforce ...

The Coastal Bend economy has become more diversified. During the past two decades, the military sector has reduced in size, while the construction sector has expanded considerably. Along with growth in management businesses, major shifts in the regional economic landscape are unique to the region, and they have affected the mix of occupations and increasingly more jobs require post-secondary education. Women and Hispanic employees are concentrated in a few industries.

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Local Economy and Small Business Update ...

The South Texas economy is facing an uncertain future in the near term, mainly because of its exposure to oil and gas activity and the devastation from Hurricane Harvey. An understanding of how these two game changers would affect this region going forward can reduce the uncertainty in our economic outlook, especially for local small businesses. Harvey might have exacerbated our region's long-standing workforce problem.

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Hotel Performance After Harvey ...

The immediate impact of the 2017 hurricanes on the regional lodging industry seems obvious. It is estimated that 25% of the Texas statewide room-revenue gains in the fourth quarter of 2017 was attributable to Harvey. The Corpus Christi metro area also saw a historic record gain of 10% in room revenues last year.

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Business Recovery After Harvey ...

It's been more than half a year since Hurricane Harvey made landfall in Texas. By March, more than half of businesses in Rockport were back in operation, and about one-third of businesses in Port Aransas had reopened. Even though the region has made great strides in bringing the business community to a "new normal," many impacted businesses are still in need of additional financial resources or technical assistance.

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Local Housing Outlook ...

Based on the current trends in local housing supply and the outlook for housing demand in the midst of a construction boom and post-Harvey rebuilding activities, imbalances in the Corpus Christi housing market are expected to accelerate in the medium term. The outcomes would be higher home prices and lower housing affordability, particularly among newly built homes.

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Workforce Impact of Construction Boom ...

The ongoing capital development projects near the Port of Corpus Christi and post-Harvey rebuilding efforts across the Coastal Bend together not only would raise the demand for regional construction and craft workforce, but they would also boost overall employment in the region for years to come. Whether the expected economic impacts will be realized depends critically on the extent to which the region's education and skill training institutions satisfy the surges in workforce demand.

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Harvey's Impact on Corpus Christi ...

Hurricane Harvey is widely recognized as one of the costliest natural disasters in U.S. history, ahead of Sandy but behind Katrina. This article focuses on its impact on communities within the Corpus Christi metro area, where the storm made its first landfall. Simulation exercises suggest that the extended economic impact in the form of cumulative output losses reduces substantially the sooner those communities can recover. This points to the role of government assistance in mitigating disaster impacts.
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Education System in Corpus Christi ...

Student performance disparities across local schools and measures of economic status are consistent among different subjects and different grade levels. About 30% of freshmen at Corpus Christi's two public higher education institutions are local high school graduates. These institutions' retention and graduation rates are relatively low, due in part to students who require developmental course work. Low graduation rates explain the relatively low educational attainment levels among local residents.
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Best Recession Recovered Cities ...

Major cities in Texas are leading the nation in recovering from the Great Recession that began a decade ago in 2007. According to a recent report by Honestly Now, Corpus Christi is the 45th fastest growing city since 2010. The city is among the top 10 best cities in terms income and employment growth, but it is close to the bottom in terms of measures of economic resilience. The disparity in those scores highlights the importance of long-term versus short-term factors for local economic growth.
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Immigrants in Corpus Christi ...

While the population share of immigrants in Corpus Christi is relatively small, an estimate of one in three of them are undocumented workers. Nearly 60% of local immigrants were born in Mexico, and the number of those from Asia has soared. Proportionally more immigrants have a graduate degree and less than a high school education. Undocumented immigrants are heavily concentrated in some labor-intensive industries of the construction and services sectors.
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ABOUT Economic Pulse

Economic Pulse is a joint publication of the College of Business, South Texas Economic Development Center, and the EDA University Center at Texas A&M University-Corpus Christi.

The primary focus of this newsletter is business, economic and community development in South Texas. Viewpoints and opinions expressed do not necessarily reflect the views of Texas A&M University-Corpus Christi or Coastal Bend Business Innovation Center.