Greater Houston Partnership director predicts ‘slow but steady’ economic recovery for region

Jenny Philip, director of research with the Greater Houston Partnership, spoke about the state of the region’s economy at the Cy-Fair Houston Chamber of Commerce luncheon Tuesday. She studies economic trends in the area including unemployment, energy, real estate, transportation and education. What’s the latest on the oil and gas industry? While the worst is over following the energy industry’s downturn, Philip said the economy is slowly but surely recovering. The economy is growing from a low of 404 oil rigs—the fewest since the 1940s, according to Philip. Oil price drops were reflected in those numbers, and in February 2016, the […]

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