The Texas economy is accelerating in nearly every business sector. The Federal Reserve Bank of Dallas just increased their forecast for more hiring in Texas in 2017, with the creation of 309,200 new jobs by the end of this year.
In Houston, energy prices have stabilized and the oil & gas industry has seen positive growth, albeit slow, over the last three quarters in a row in the upstream sector. Oilfield services firms are experiencing rising employment along with more employee hours, and wages and benefits.
When adding in growth in health care, financial services, manufacturing and construction, if the pace continues, 2018 should be a good year for Texas businesses.
Join Texas CEO Magazine and the Jones Graduate School of Business at Rice University as we invite you to attend the 2018 Economic Forecast: Accelerating, on Friday, September 29, at the Petroleum Club of Houston from 7:00 – 9:00 a.m.
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In addition to hosting "Texas Business Radio," Matt is an investment banker and serial entrepreneur from Montgomery, Texas. He is the owner of RREA Media and Register Real Estate Advisors and a Managing Director and Principal at Corporate Finance Associates. He has a BS from the United States Military Academy at West Point and an MBA from Rice University in Houston. You can read more about Matt HERE.