Dr. M. Ray Perryman — November 02, 2022 The rate on 30-year mortgages has topped 7% for the first time in more than 20 years. The sharp rise from about 3% just a year ago is causing fallout for homebuyers…
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The Edinburg Chamber of Commerce announced Mario Lizcano, Administrator of Corporate Affairs at DHR Health, as its 2022 President of the Board. Lizcano’s term began on October 1, 2022, and succeeds Michael Williamson, former President of the Board and current…
Read MoreThe Edinburg Chamber of Commerce marked the end of Veronica Gonzales’s term serving on the Board of Directors. For the past eight years, Gonzales has committed her time, talent, and expertise to the Edinburg Chamber of Commerce. Gonzales began her…
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Edinburg TX – Nov. 2, 2022 The Edinburg City Council approved the Small Business Loan Program at last night’s meeting. The program will provide up to $50,000 in loans at a reduced interest rate. According to Edinburg Assistant City Manager…
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Dr. M. Ray Perryman, October 26, 2022 Recently released test scores show that Texas public schools fared better than many through the pandemic, though ground was clearly lost. In a recent column, I examined scores from the National Center for…
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EDINBURG, Texas– The Edinburg Economic Development Corporation (EEDC) announced the hiring of Raudel Garza as its Executive Director. Mr. Garza has worked in the field of economic development for over 29 years, both in the public and private sectors and…
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M. Ray Perryman, Published on October 17, 2022 Rail is a crucial component of the US logistics system, and a strike would lead to significant logistical dislocations, exacerbate ongoing supply chain challenges, put additional upward pressure on prices and, thus,…
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Dr. M. Ray Perryman, October 12, 2022 For the second consecutive year, the Nobel Memorial Prize in Economics has been awarded to three Americans. For 2022, the recipients are Ben S. Bernanke (former Federal Reserve Chairman now with The Brookings…
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By Dr. M. Ray Perryman The Federal Reserve recently announced another increase in the target interest rate for federal funds to 3-3.25%. The point is to slow the economy in order to reduce inflation. It’s a balancing act of the…
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Photo above: Danielle Mata, left, of Grifols Biomat, and Mirna Gale Soto of Memorial Funeral Home selected as the September Edinburg Chamber Ambassadors of the Month. The Edinburg Chamber of Commerce would like to congratulate Danielle Mata of Grifols Biomat…
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