Fourth Quarter Highlights
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Houston Market Highlights
Market Highlights
Houston MSA is the 5th largest in the United States by population with
nearly 7.4 million residents
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Population is expected to grow 4.8% from 2023 - 2028
Home to NASA's Johnson Space Center and Texas Medical Center - the
world's largest medical complex
As of November 2022, total nonfarm employment has increased 5.6% YoY,
compared to the 12 month statewide increase of 5.1% and the nationwide
increase of 2.3%
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Employment in Houston has increased 15.8% YoY in the leisure and
hospitality sector and 8.6% YoY in construction, compared to 11.9% and
3.9% statewide, respectively
Houston has the largest export market in the U.S.
The Port of Houston is ranked 1st in the U.S. in international waterborne
tonnage and in total waterborne tonnage handled
Select Fortune 500 Companies
Houston Franchise
45
10
Houston
PHILLIPS
Good things
66
HALLIBURTON
come from
Sysco
ConocoPhillips
OXY
Seogr
eog resources
GROUP
AUTOMOTIVE
Baker >
Hughes
nrg
Enterprise
Products
PLAINS
WM
WASTE MANAGEMENT
QUANTA
SERVICES
CenterPoint.
Energy
Westlake
Chemical
NOY
KINDER MORGAN
TARGA
CHENIERE
CC
CROWN
CASTLE
Hewlett Packard
Enterprise
KBR
HUNTSMAN
Enriching lives through innovation
Academy
SPORTS OUTDOORS
Source: S&P Global, Houston.org, Bureau of Labor Statistics, Forbes.com, Port Houston, Greater Houston Partnership, Houston Properties.
References to Houston refer to the Houston - The Woodlands - Sugar Land metropolitan statistical area.
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