Category Archives: Houston

Lower Oil Prices, a Sea Change for the Houston Economy

As of our mid-December publication date, by virtually any measure, the Houston metro area economy is flourishing. However, significantly lower crude oil prices, now dropping through $60/barrel, represent a sea change for Houston. We expect oil drilling and exploration activity … Continue reading

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Houston Works to Keep Up With Itself

Houston continues to expand at a strong rate. For the year ending in June, payroll employment was up by 3.2 percent, or slightly more than 90,000 jobs. Still, it is fair to say that the Houston-The Woodlands-Sugar Land metropolitan area … Continue reading

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Houston Continues to Roll

The Houston metro area economy continues to be fueled by strong regional and international energy markets. With rising U.S. exports of petroleum products, the linkage between U.S. and international oil prices is strengthening, keeping the pressure on U.S. production and … Continue reading

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Strong Year Ahead for Houston

Strong energy markets and a broadening economic base will drive the Houston economy ahead in 2014. WTI crude oil prices firmed to near $100 per barrel in mid-February. The extreme winter weather in much of the country has increased natural … Continue reading

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Energy Wave Showing Signs of Cresting, Houston Still Strong

The shale boom and subsequent re-emergence of the U.S. as a global leader in petroleum production has placed Houston at the center of rapidly changing global energy markets. The Houston economy has expanded robustly as a result.  Year-over-year payroll job … Continue reading

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Positive Outlook for the Houston Economy

The Houston metro area is enjoying high employment growth. Houston payroll employment grew 3.8 percent year over year in Q2, which is more than double the growth of the U.S. of 1.6 percent. The unemployment rate increased slightly to 6.3 … Continue reading

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Houston Economy Still Growing and Broadening

The Houston metro area continues to be a major engine of growth for the U.S. economy. Job creation over the 12 months  ending in December was very strong, with payroll employment up 3.1 percent compared with the U.S. average of … Continue reading

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Houston Still Energized

Houston is the fastest growing major metropolitan area in the U.S. in terms of payroll job creation, up 3.4 percent on a year-to-year basis this June.  As the center of the global petroleum industry, Houston has benefitted from sustained high … Continue reading

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Houston Rides the Energy Wave

Houston continues to add jobs and new enterprises at a robust clip, fueled by very active global energy markets.  Recently higher oil prices have added to the push for petroleum.  Very low natural gas prices are the flip side of … Continue reading

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Houston Economic Conference – Thursday, October 13, 2011

Houston Economic Conference Continue reading

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