The Economy at a Glance – GHP

A PEEK INTO HOUSTON’S FUTURE

2017 proved to be a remarkable year for local sports fans. The year began with Houston hosting Super Bowl LI. The city’s four professional sports teams—Astros, Dynamo, Rockets, and Texans—made it to the playoffs. But best of all, the Astros won the World Series.

For the business community, however, this has been a rebuilding year. In January, crude traded at $52 a barrel. Ten months later, it still traded at $52 per barrel. Construction activity continued to trend downward. Job growth remained tepid. Office vacancies continued to rise. And a hurricane named Harvey drenched the city for nearly a week…