Houston’s Economy in 2019: “Sorting Out the Right Path Forward as Growth Returns”

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. Click to read more at www.rednews.com .