Gov. Greg Abbott's slowdown of trucks at Texas border cost U.S. economy $9 billion, economist says

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Gov. Greg Abbott's slowdown of trucks at Texas border cost U.S. economy $9 billion, economist says
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Texas alone lost some $4.23 billion in gross product, according to the new economic analysis. Texas GregAbbott TexasRepublicans Border shipping supplychain TexasPolitics

Now, a Texas economist has put a $9 billion price tag on the governor's days-long program, which doubled the number of inspections of commercial trucks coming into the state from Mexico,According to an analysis by the Waco-based Perryman Group, the U.S. lost an estimated $8.97 billion due to shipping delays between April 6 and 15, the time in which Abbott's rule was in effect. Texas alone lost $4.23 billion in gross product.

The economics firm based its estimates on a 2019 study it conducted on a separate border slowdown and updated the data to account for this month's different circumstances, CEO Ray Perryman told Axios.Stay on top of San Antonio news and views. Sign up for our

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