The Houston economy is so vibrant that The Federal Reserve Bank of Dallas keeps an economist on staff here. This article gives an interesting update on the state of our city.
Houston at year-end showed clear signs of sustained economic improvement: Job losses continued to shrink, the unemployment rate fell slightly and the local purchasing managers were increasingly optimistic. Houston’s recovery is probably still trailing that of the U.S. economy by a few months, but the difference is narrowing, especially in local job growth. Stabilization and improvement in oil-related jobs have been key to these gains...
That's all good news for the Houston economy!