Archive for July 2nd, 2008

A Tale of Two Cities

It is roughly 1,600 miles from both Los Angeles and New York, but Houston sits squarely in the middle of the country and at the epicenter of a soaring economy. With an unemployment rate of 3.7% (lowest in the nation), an economy that is diversifying beyond the traditional oil sector (energy is 26% GRP versus 52% eight years ago), and a business-friendly climate where 26 Fortune 500 companies make their home, Houston is enjoying a boom that is the envy of both coasts.
Continue reading ‘A Tale of Two Cities’