HOUSTON (Dec. 12, 2024) — The Greater Houston Partnership has released its forecast for job growth in the Metro Houston area, forecasting the creation of 71,200 jobs in 2025.  The sectors expected to experience the greatest gains, in order, are:  Health care Construction Professional and technical services Government Restaurants and bars Click to expand Houston is projected to finish 2025 with over 3.5 million payroll jobs, setting a record for the region. Several factors support this growth, including the ongoing expansion of the U.S. economy, the continued decline in interest rates, increasing consumer confidence, and a steady influx of domestic and foreign companies establishing operations in Houston.  Additionally, a deep backlog of construction projects and local income and population growth contribute to the positive outlook for job creation. “Over the past two decades, Houston has experienced several recessions, devastating weather events and the COVID-19 pandemic, but despite these events, the Houston region’s economy has remained competitive,” Partnership Chief Economist Patrick Jankowski said. “Houston’s GDP has grown 70 percent after adjusting for inflation, and that growth is proof that our resilient economy will encourage continued growth for years to come.” According to the forecast, every sector except information is expected to experience job growth next year. The information sector has struggled for years, losing jobs in 12 out of the last 20 years, largely due to technological advancements and shifting consumer preferences.  The Houston region created 60,000 jobs in the 12 months ending October 2024. The region should end the year with 58,000 jobs. The national outlook is also looking positive. The probability of a recession over the next 12 months sits at 26 percent, according to The Wall Street Journal’s October survey of prominent business economists.  A sector-by-sector breakdown of the jobs forecast and the factors impacting each industry can be found in the full report. ### Media Contact    Brina Morales                                                 Director, Communications     [email protected]      

HOUSTON (Aug. 28, 2024) – The Greater Houston Partnership is announcing its support for the proposed $4.4 billion bond as approved by the Houston Independent School District (HISD) Board of Managers. With nearly 200,000 students and families served each year, HISD is the largest school district in Texas and the eighth largest in the nation. The Partnership recognizes the importance of a strong public education system in creating economic opportunities for all Houstonians.  The bond, which will not raise taxes, is key to ensuring HISD can safeguard the health and safety of its students, teachers, and staff, provide offerings to prepare students for future career opportunities and build modern learning environments. The proposed bond, which will be on the November ballot, comes at a critical time to provide necessary investment, particularly in vulnerable neighborhoods. HISD has not passed a bond since 2012, which only supported high schools. Elementary and middle schools have not seen significant investment since a 2007 bond. In addition, severe weather events in recent years have further stressed the district's already fragile infrastructure, increasing the likelihood of future disruptions to instructional time. HISD students face unacceptable conditions, including lead-laced water, faulty heating and air conditioning systems, and facilities with rats and mold. The Partnership stands behind Houston ISD's efforts to provide students with the necessary resources, facilities, and opportunities to learn. A strong public education system is vital for the economic development of the Houston region, and the proposed bond will help HISD continue to produce significant workforce talent. ### Media Contact    Brina Morales                                                 Director, Communications     [email protected]       (c) 832-287-5089