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Economic Analyst Warns About 2nd Covid19 Wave After Texas Reopens

Courtesy: Chuck Smith / Red River Radio News

TEXAS COVID19 - RECOVERY -  Governors in every state are eager to reopen their economies.  And Texas is no exception---The key to the Texas economy recovering from the COVID-19 pandemic is avoiding a second wave of cases.   That's according to Ray Perryman, president and CEO of The Perryman Group, an economic analysis firm. He spoke  yesterday  at an online event organized by the Dallas Regional Chamber of Commerce.

"We don't want to do this twice. Obviously we need to get the economy up and going and running again, as best we can, as soon as we can, but not at the risk of creating a second wave of this," explained Perryman. " Because we have a very resilient economy, and we can come back from a lot of things, but if we had to open up and shut down again in a couple of months, I think that would be a very difficult situation."

Credit Courtesy: Texas Business
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Courtesy: Texas Business
Dr. Ray Perryman explained to Dallas Regional Chamber members that a second wave of Covid-19 after reopening Texas economy could make for a difficult situation.

This Friday  Governor Greg Abbott  is expected to outline his plans for re-opening the Texas economy.  He's already said it will be a slow process and recently has asked for more healthcare workers in case they’re needed for a potential surge in Covid-19 cases.  Abbott has asked healthcare workers to sign up on a volunteer Covid-19 registry website.

"We’ve not experienced a shortage of health care workers yet," Abbott said. "But as COVID-19 may continue to impact our state, we want to encourage all available medical personnel to register with the Texas Disaster Volunteer registry at Texas.gov.” 

According  to the  latest state data from  Texas Health and Human Services (dated 04.21.20)--Texas has surpassed  20-thousand confirmed Covid-19 cases, including 517 deaths.

Chuck Smith brings more than 30 years' broadcast and media experience to Red River Radio. He began his career as a radio news reporter and transitioned to television journalism and newsmagazine production. Chuck studied mass communications at Southern Arkansas University in Magnolia and motion picture / television production at the University of California at Los Angeles. He has also taught writing for television at York Technical College in Rock Hill, South Carolina and video / film production at Centenary College of Louisiana, Shreveport.