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Jankowski: Hurricane Delayed Houston’s Economic Recovery; It Didn’t Kill It

HOUSTON – (Realty News Report) -Hurricane Harvey did not derail Houston’s economic recovery; the storm merely delayed the city’s rebound a few months, according to a leading Texas economist. “Hurricane Harvey had little impact on Houston’s business structure,” continued Patrick Jankowski, CCR, senior vice president research and regional economist for the Greater Houston Partnership.  “Harvey hit the recovery reset button, ... Read More »

Jankowski: Houston Will Create 22,000 Jobs in 2016

HOUSTON – The Greater Houston Partnership forecasts the Houston metro area will create 21,900 net new jobs in 2016, even though low oil prices will be a drag on the regional economy. “If you want one word to define Houston, I’d say resilience,” said Patrick Jankowski, the Partnership’s Senior Vice President of Research said at the Partnership’s annual outlook event ... Read More »

Layoffs to Hit Houston Energy Industry as the City Braces for a Fall from Job-Growth Leadership Position

HOUSTON – Layoffs will hit Houston’s energy industry in 2015 as lower oil prices dampen the economy in Houston, which is known as the Energy Capital of the World, according to the Greater Houston Partnership. West Texas Intermediate broke below $60 a barrel Thursday, closing at $59.95, the lowest level since 2009. In June, the price was above $100 a ... Read More »

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