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- The biggest gain was in trade, transportation and utilities, which added 5,741 jobs. The biggest percent increase was oil and gas, which grew 15.2 percent, annualized (2,404 jobs).
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Feb 14, 2024 · Specific industries showing the largest annual increases during 2023 include Private Education and Health Services with a 5.9% annual jump. Two industries, Financial Activities and Trade, Transportation and Utilities, both recorded a 2.9% annual increase, while Government reported a 2.5% annual increase.
Jul 31, 2023 · Houston gained fewer than 20 jobs in the three months ending in June 2023, its slowest growth over any three-month period since June 2020. Leisure and hospitality lost 9,923 jobs, construction lost 2,793, and information and other services lost 2,176.
Aug 14, 2023 · Houston, a city known for its energy legacy, is rapidly transforming into a diverse hub of innovation, life science, technology, and aerospace, according to the 2023 Houston Facts report, released by the Greater Houston Partnership. Here are some highlights from the report. The thriving tech ecosystem.
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Jobs over recovered from pandemicUnemployment lowEnergy sector jobs increaseWTI crude prices expected to remain between $80-$90/b in 2023The Houston MSA population grew by 112,000 or 1.73% between 2021 and 2022 and is projected to grow 1.5% annually over the next five years. Houston’s racial diversity is nearly twice as high as the national average, with more than 90 different nations represented. Houston has 94 consulates, the third-largest consular corps in the nation after New Yo...
Commentary by Patrick Duffy | President, Houston “Give me a one-handed Economist. All my economists say, ‘on the hand,’ then ‘but on the other” - Harry Truman. “The stock market has predicted 9 of the past five recessions” – Paul Samuelson, Keynesian economist. The current environment would have Mr. Truman thinking he had an octopus for his chief e...
Houston’s employment sector gained 176,000 jobs annually in 2022, an increase of 5.6%. According to the Texas Workforce Commission, the unemployment rate decreased from 4.8% in December 2021 to 3.9% in December 2022. Houston's industry sectors that posted the largest annual gains include Leisure and Hospitality (15.8%), Mining and Logging (12.4%) a...
Metro Houston exports fell 13.8 percent in the first half of ’23, reflecting weaker commodity prices, slower global growth, and firms burning off excess inventories amassed post-pandemic. The data comes from the Census Bureau’s origin of movement (OM) series, which tracks the movement of goods based on the metro from which they began their ...
May 2, 2023 · Houston added 29,612 jobs in the first three months of 2023, a 3.6 percent annualized increase (Chart 1). Service sector jobs led this growth, with professional and business services up 4.7 percent (6,460 jobs), education and health services increasing 5.3 percent (5,677), and information and other services rising 8.6 percent (3,187).
Jan 9, 2023 · Since losing 364,202 jobs between February and April 2020, Houston has recovered 439,598, reaching record-high employment of 3,274,845 in November. Among the major industries, leisure and hospitality again led the pack, adding 21,467 jobs between August and November.
