2009 Houston Economic Outlook Overview
Houston Leads US Employment. Houston began 2009 flush from 2.2% job growth and 57,300 new jobs gained in 2008, in stark contrast to major metros across the U.S. suffering severe job losses and sharp increases in unemployment.
2009 1Q Houston Industrial Market Report
Houston’s Industrial Market Braces for Slow Growth Ahead. Following a prolonged period of dynamic expansion, softening market fundamentals characterized Houston’s industrial market in the first quarter 2009, with every major indicator suggesting continued contraction ahead.
2009 1Q Houston Office Market Report
Houston’s Office Market Faces Challenging Year. Houston’s office market posted 1.2 million sq. ft. of negative net absorption, falling occupancy, rising sublet space and weak leasing activity at the end of the first quarter 2009.