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Strong and counting

January 30, 2009

It is true that Houston’s economy is hurting and the effects are already being felt. But on the other hand, I’ve been reading from different sources, that Houston is expected to hold better during the next months than most other U.S. cities. And that this is probably due mainly to a combination of steady housing prices, and the number of energy companies based here.

Houston, the fourth-largest city in the United States, is still showing one of fastest-growth rates of any U.S. city this year. Furthermore, apparently employers have created 57,300 new jobs in December 2008, -according to an article in the Houston Chronicle.  

Of course, this  means the economy of Houston’s Hispanic community is also holding steady. In fact, Houston’s Hispanic Chamber of commerce is the largest in the state and grew from 600 to 2,800 members on the last 4 years.

 

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