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Economic Alliance News
The long drop in oil prices has taken a toll on construction across Greater Houston. The Houston area lost 3,700 construction jobs over the twelve months ending in August, according to the Associated General Contractors of America. The layoffs amount to 2 percent of the region’s workforce for the industry. Only one other U.S. metro area suffered a greater loss of construction employment over the same period.
Looks can be deceiving. Take the Houston Ship Channel located just east of the city of Houston. To the casual observer with a windshield view, they might briefly note the shipping vessels, grain elevators and day-to-day commerce as they speed by. However, it’s on the Houston Ship Channel’s waters where, for some, the real action is taking place...
Texas Railroad Commissioner (TRC) Ryan Sitton of Friendswood took to the podium to address the future of Texas and U.S. energy markets. According to Sitton, the TRC is the global regulatory authority for the oil and gas industry. More...
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