Houston Economic Update - Federal ReserveIn a February 2009 publication, the Federal Reserve Bank of Dallas had this comment about the Houston economy.  "... Houston housing missed the boom and bust in prices that hit many other parts of the country. But it was hurt by the dramatic 2007 tightening of credit standards after the subprime mortgage market blew up and will be hurt further as job and income growth slide..."

So right now, it is still some good news, some bad news for the Houston economy.

Roger Martin