The award-winning GHP Research staff is the premier expert on Houston's economy and the go-to resource for our Members and the media along with our public and private allies.
Please take advantage of our four main documents below; Economy At A Glance, Key Economic Indicators, Houston Briefs and Annual Forecast.
Economy At A Glance Archives »
Quite simply, Houston means success. The Houston region has everything your company needs - from a workforce of more than 2.9 million to a reputation as a fast-growing technology center.
Houston is ready-made for business success. World-class infrastructure, welcoming business networks, and a can-do spirit among Houstonians, combined with a broad range of business resources, supports companies wishing to expand or relocate in the area.
Houston is known as the "Energy Capital of the World". More than 3,700 energy-related establishments are located within the Houston Metropolitan Statistical Area, including more than 500 exploration and production firms, more than 150 pipeline transportation establishments and hundreds of manufacturers and wholesalers of energy-sector products. Houston is home to 40 of the nation's 134 publicly traded oil and gas exploration and production firms, including 10 of the top 25; nine more among the top 25 have subsidiaries, major divisions or other significant operations in the Houston area.
The Houston region is an undisputed global leader in international business, with ties reaching all over the globe. The 9-county region's geographic location makes it an easily-accessed portal to the global marketplace.
With a growing economy, Houston's residential and commercial real estate options are numerous. Office space is available at attractive prices and Houston has one of the largest concentrations of industrial space in the nation.
Whether by land, air, or sea, Houston offers an impressive array of logistical and distribution channels that businesses count on to meet the demands of today's fast-paced marketplace. With a location that's equidistant from the East and West coasts, and just hours by air from any metro area in the country, Houston is an ideal hub for companies that need national distribution for their products.
Houston's diverse workforce boasts a variety of skills and occupations. From medical professionals and engineers to production managers and accountants, Houston's labor force fills 2.9 million jobs and counting. In fact, Houston has more jobs than Maryland, Arizona, or Colorado.
Houston consistently tops the charts in metro comparisons and rankings. Houston was recently named the Top U.S. Destination City, the Top U.S. Metro by Site Selection magazine, the Top U.S. Manufacturing City, and the Best City for your Career.
The Partnership isn't the only organization closely monitoring Houston's economy. A host of universities, research institutions and agencies produce reports and analysis on the region. The best of those reports are listed below.
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GHP's award-winning research department, led by Patrick Jankowski, CCR – Vice President, Research, provides demographic, economic and business analysis for the Greater Houston Partnership. The research department conducts economic impact analysis for business relocations, special events, and regional trends, and creates proposals and materials used in the organization's regional marketing efforts. The team oversees GHP's state-of-the-art geographic information system (GIS), as well as manages an extensive library of historic and current economic and demographic trends, and a database consisting of 15,000 local companies and 60,000 individuals. In addition, the research team speaks to business and community groups on the state of the economy, the process of economic development, and the future of the region.