I love Houston. It is a vibrant economic beast, highly competitive in the global economy. If every city in America was like Houston, the Dow would be at 100,000.
The global economy is like a living organism. The ocean shipping channels, railroads and highways are the arteries. The major global ports are like the hearts that pulse night and day with the flow of goods moving from producer to consumer.
The Houston Ship Channel is one of those hearts. One of my favorite restaurants in Houston is Brady’s Landing, which is right on the ship channel. The big freighters come and go, just outside your window. I can feel the pulse of global trade as I enjoy dinner.
I spent two days last week talking to commercial real estate players in the Bayou City and came away with the following observations.
First, job creation in Houston is accelerating. There are 87,900 more jobs than a year ago. Take a look at this chart.
Read more...the Blog of the Real Estate Center | Real Estate Center at Texas A&M University
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