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HOUSTON ECONOMIC HIGHLIGHTS

HOUSTONECONOMICHIGHLIGHTS2017 December 8, 2017 Publication Underwritten by: Table of Contents12 | HOUSTON in Perspective4 | Payroll Employment6 | Unemployment Rate 8 | Goods-Producing and Service-Providing Jobs10 | Employment by Industry12 | Employment Change by Industry14 | Employment Growth in Major Metros16 | Purchasing Managers Index18 | Oil and Natural Gas Prices20 | Drilling Activity and Oil Price22 | Foreign Trade24 | Air Passengers26 | Residential Real Estate28 | Office Market30 | HOUSTON Hotel Data32 | New Car, Truck and SUV Sales34 | Inflation36 | Living Cost Comparison38 | Housing Cost Comparison40 | HOUSTON Region Population42 | Foreign-Born Population44 | Most Populous Metropolitan Areas45 | Most Populous Counties46 | Most Populous Cities47 | The Work Ethic in Houston48 | Gross Area Product Forecast50 | Population and Employment Forecast52 | Top Metro Areas by Gross Domestic ProductHouston ECONOMIC HIGHLIGHTS , a publication of the Greater HOUSTON Partnership, is designed to impart a brief understanding of the changes in HOUSTON s economy over the past page is devoted to a single ECONOMIC indicator or a few related indicators.

4 Greater Houston Partnership Research | December 2017. Payroll Employment. Total nonfarm payroll employment in Houston has rebounded from Hurricane Harvey

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