Houston’s Economy in the 2019

Takeaway: With some mildly qualifying caveats in selected commercial real estate segments, the
overall light is green in Houston’s economy for 2019.

• Economic growth in Houston was very weak 2014-17 but the economy was sustained by fracking momentum, a Ship Channel chemical boom, and post-Harvey retail and construction
• Job losses matched the ‘80s here during recent oil downturn, but
have stabilized without a big upward bounce
• Nine service sectors carried our economy post-slump: retail, health
care, finance, bars & restaurants, local gov’t, private education, state
gov’t, arts and entertainment, lodging

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