Houston: 2010 Economic Outlook

by CoyDavidson on March 30, 2010

Houston Ranked Among Top U.S. Metros in 2010

Houston ranked among the top-performing U.S. metros at the start of 2010, even as the effects of the economic recession that began in late 2007 continued to be felt globally. Although 2009 was undeniably challenging with local job losses totaling 93,500, it should be noted that this was the first year of job losses for Houston, following a stellar period of expansion and job growth from 2005 to 2008. An while the local metro still has economic hurdles to overcome, Houston is once again making headlines as one of the lease affected markets in the nation. In its March 2010 issue, Forbes ranked Houston fourth in a list of 40 U.S. metros where the recession is easing, largely based on the area’s diverse economic base of growth industries.

2010 Houston Economic Outlook

Previous post:

Next post:

Disclaimer: All blog entries on this site are the opinion of the author and not those of either Colliers International - Houston or Colliers International (collectively, "Colliers"). Colliers neither endorses, sponsors nor necessary shares the opinions of the author, regardless of whether any blog is posted by any employee, officer, agent, or representative of Colliers. Colliers has not authorized or verified any statement of fact made in a blog, and any such statement does not constitute a statement of fact by Colliers. Colliers is not responsible for the monitoring or filtering of any blog, nor does Colliers claim ownership or control over any blog content.