I read a great article this morning on the HBJ website about the drivers of Texas’ economic growth.
Texas’ manufacturing sector is showing its strength as a major player in the state’s growth. Reporter Olivia Pulsinelli cites an economic report recently released by SigmaBleyzer Investment Group. The report states Texas’ fast job recovery is in part due to the growth in our manufacturing sector. It says, “improving customer spending, returning investor confidence and growing demand for business equipment,” are the reasons for the growth.
Pulsinelli also cites the Houston Purchasing Manufacturers Index, Texas Manufacturing Outlook Survey the Texas Business Cycle Index. All show positive trends for Texas and Houston in particular. This is just more data to support what we’ve known throughout this economic cycle: Texas is the place to be.