Greater Houston Partnership (a.k.a. Chamber of Commerce) Says That Energy Sector Will Contract In 2020.

The Greater Houston Partnership states that energy will be a laggard next year.  I will believe it when I see  it.


The Partnership’s forecast calls for the region to create 42,300 jobs in ’20. Growth in ’20 in Houston will occur out- side of energy, especially in sectors tied to population growth, the U.S. economy, and global trade.

  • Health care, government, accommodation and food
    services, construction and administrative support
    services will turn in the strongest performances.
  • Professional scientific and technical services and trans-
    portation and warehousing will see moderate gains.
  • Other services, education services, finance and
    insurance real estate and arts, entertainment and
    recreation will log marginal growth.
  • Manufacturing and wholesale trade will be flat to
    slightly up.
  • Energy, retail and information will contract.

You can download the entire report here:

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