Houston is treading water as oil-related losses abate and the region gets help from health, construction, and refining and petrochemicals. The outlook remains very soft.
The Houston Business-Cycle Index growth rate declined to 0.8 percent from October to November after climbing to 4.7 percent the prior month as the region’s economy continues to drift sideways. This marks the sixth month of negative growth in 2015, but those declines have not been consistent enough to indicate a regional recession
Read more...Houston Economic Indicators January 2016 via Dallas Fed
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