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Latest News
Monthly update: Energy prices for December
By Press Release | Jan 27, 2022
The closing spot price for West Texas Intermediate (WTI), the U.S. benchmark for light, sweet crude, averaged $71.39 per barrel in December ’21, up from $46.30 for the same period in ’20, according to the U.S. Energy Information Administration (EIA).
'Underlying strength' seen in Texas job growth; Austin sets the pace
By T.H. Lawrence | Jan 26, 2022
An article published by the Houston Daily shows that although year-over-year job recovery and growth have been strong in both Austin and Houston, Houston lagged behind Austin’s growth in November.
'The perfect candidate to lead our parade': Johnson to serve as grand marshal at Downtown Rodeo Parade
By Ariana Chiarenza | Jan 26, 2022
The Houston Livestock Show and Rodeo recently announced that country singer Cody Johnson will serve as the Downtown Rodeo Parade's grand marshal to kick off the parade's 90th anniversary.
Houston-Galveston Customs District handles $246.7 billion in goods, commodities in November
By Press Release | Jan 26, 2022
The Houston-Galveston Customs District handled 320.7 million metric tons of goods and commodities as of November ’21 year-to-date, a 3.0 percent increase over the comparable period in ’20.
'Valuable asset to the team': Spath joins Datagration as new executive advisor
By John Kelly | Jan 26, 2022
Dr. Jeff Spath was confirmed as Datagration Solutions Inc.'s new executive advisor on Jan. 18. He brings extensive experience and will be a part of the company's decision making process.
'People see me and start talking like I'm their long-lost friend': H-E-B president to retire
By John Kelly | Jan 25, 2022
H-E-B President Scott McClelland will be resigning from the company after three decades later this year.
'I ask that you include BlackRock': BlackRock added to list of Texas companies boycotting energy companies
By John Kelly | Jan 25, 2022
During last year's Texas Legislative Session, the Texas Legislature passed the Oil & Gas Investment Protection Act (SB13) which bans state entities such as pensions from investing in financial companies that boycott energy companies. The company BlackRock was added to a list of those companies.
'We're excited': Frontier Airlines to begin operation out of Hobby Airport
By John Kelly | Jan 25, 2022
On Jan. 18, Frontier Airlines revealed that they will begin service at the Hobby Airport in May. The airline will serve an expansive array of locations throughout the United States and Mexico.
Metro Houston sees best December for job growth on record
By Press Release | Jan 24, 2022
Metro Houston added 20,400 jobs in December, according to data released today by the Texas Workforce Commission (TWC). That ranks as the best December for job growth on record.
Galveston Restaurant Week runs until Feb. 13
By Laurie A. Luebbert | Jan 20, 2022
If you’ve always wanted to try one of Galveston’s restaurants that you’ve not yet visited, now might be a good time to do it.
Hobby Airport's recently announced 5-star rating - first in North America - 'well deserved,' Houston Mayor Turner says
By Karen Kidd | Jan 19, 2022
Houston's Hobby Airport's recently announced recognition as a 5-star airport really makes the city stand out, Mayor Sylvester Turner told a local news outlet.
Houston Update Purchasing Managers Index (PMI)
By Greater Houston Partnership | Jan 19, 2022
The Latest on This Key Economic Indicator
Houston inflation continues to rise
By George Willis | Jan 18, 2022
The Consumer Price Index for All Urban Consumers (CPI-U) continued its historic rise in the two months ending in December 2021, increasing another 0.7% in the Houston-The Woodlands-Sugar Land area. The numbers calculated by the Bureau of Labor Statistics were influenced by higher prices for all items except food and energy.
Houston Purchasing Managers Index: Economic activity slower in December
By Press Release | Jan 17, 2022
Overall economic activity expanded at a slower pace in December, according to the most recent Houston Purchasing Managers Index (PMI).
'We're excited for Houston to be the epicenter of this trend': Moringa company Base 3 Farms finds success in Houston
By John Kelly | Jan 16, 2022
Base 3 Farms is based in Houston, growing and selling Moringa. Moringa is often described as a "superfood" and can be very useful for a person's diet.
Houston-area inflation 'highest since July 1976'
By Press Release | Jan 13, 2022
The Greater Houston Partnership has issued the following press release:Inflation NationwideConsumer prices rose 7% nationwide from December ’20 to December ’21, according to the U.S.
Houston Airport System handled 4.4. million passengers in November
By Press Release | Jan 11, 2022
The Greater Houston Partnership has issued the following press release:The Houston Airport System (HAS) handled 4.4 million passengers in November ’21, up from 2.1 million in November ’20.
Houston Aviation Update
By Greater Houston Partnership | Jan 11, 2022
Data, Insight & Analysis
'We are extremely happy to join the Ardurra family': Houston-based company Gunda Corp. LLC acquired by Ardurra Group Inc.
By Timothy Stuckey | Jan 6, 2022
Gunda Corp. LLC (GUNDA), a Houston-based transportation and public works civil engineering company, was recently acquired and merged with Ardurra Group Inc., according to a press release on Businesswire.
Average price for new vehicle in November up 16.6% in Houston area
By Press Release | Jan 5, 2022
Houston-area auto dealers sold 20,258 new vehicles in November ’21, a decrease of 8.9% from November ’20, according to TexAuto Facts, published by InfoNation Inc. of Houston.