Hello shikibobo-ga,
Houston?s economy is based largely on energy. According to the sources
that I found, forty-eight percent of Houston's economic base is
related to energy.
Greater Houston Partnership
Energy Headquarters
Houston is the U.S. energy headquarters and a world center for
virtually every segment of the petroleum industry.
http://www.houston.org/blackfenders/energ.html
?Forty-eight percent of the region's economic base ? those sectors of
the local economy that export goods and services outside the region ?
is related to energy.?
GOP.gov
Congress Adopts Energy Policy Act of 2003
Reduces Dependency on Foreign Oil, Creates Nearly 1 Million Jobs
http://www.gop.gov/item-news.asp?docId=59238
?Houston is the U.S. energy capital, and a world center for the
petroleum industry. Forty-eight percent of Houston's economic base is
related to energy; this includes approximately 5,000 energy-related
establishments, compromised of over 400 exploration and production
firms, and 30 pipeline operators. Nearly 90,000 jobs in Houston are
directly tied to the petroleum and natural gas industry.?
City of Houston
Economy and Trade
http://www.ci.houston.tx.us/abouthouston/economytrade.html
?Today, the Houston economy is based on a broad spectrum of industries including:
Oil and gas exploration
Basic petroleum refining
Petrochemical production
Medical research and health care delivery
High-technology (computer, aerospace, environmental, etc.)
Government (City, state and federal)
International import and export
Commercial fishing
Agriculture
Education
Film and Media
Banking and finance
Manufacturing and distribution
Related service industries?
Greater Houston Partnership
Economic Base Diversification
Houston?s economic base has diversified, sharply decreasing its
dependence on upstream energy.
http://www.houston.org/blackfenders/10FW001EconomicBaseDiversification.pdf
?The economic base is the portion of a region?s economy that produces
goods or services for export outside the region. Houston?s base, which
contracted 1.3 percent during the 12 months ending August ?03,
comprises: upstream energy (oil and gas exploration and production,
oilfield equipment manufacturing and wholesaling, and pipeline
transportation), off 1.6 percent; downstream energy (refining and
chemicals manufacturing), down 1.9 percent; and diversifying, or
energy-independent, sectors, down 1.0 percent. Since ?84, the
energy-independent portion of Houston?s economic base has grown at a
compound annual rate of 7.2 percent.?
===============================================================
According to the Houston Chronicle, the largest employer in Houston is
Wal-Mart Stores with 21,610 employees in 2003, followed by Continental
Airlines with 19,732 employees.
Houston Chronicle
Top 100 employers
http://www.chron.com/content/chronicle/special/03/100/charts/employ.html
Greater Houston Partnership
Largest Houston Employers
Houstonians work for a diverse mix of companies in a wide variety of industries.
Selected Houston Employers With 1,000+ Employees
http://www.houston.org/blackfenders/MajorEmployers.html
Greater Houston Partnership
The Economy at a Glance, Houston
April 2004
http://www.houston.org/aboutHouston/economyataglance/glance0404.pdf
?In the benchmark revisions, instead of losing 3,700 jobs between
December ?02 and December ?03, total private sector payroll employment
(which excludes government) is now shown as having contracted by
24,300 jobs. Some revisions for individual sectors were especially
striking. Instead of gaining 6,300 jobs, construction is estimated to
have lost 4,300. And instead of adding 1,400 jobs, architectural and
engineering services now appear to have lost 1,200. On the positive
side, a gain of 100 jobs in natural resources and mining (oil and gas)
was transformed into a gain of 2,000 jobs.?
===============================================================
Other references:
Houston Business?A Perspective on the Houston Economy
April 2004
Federal Reserve Bank of Dallas
Houston Branch
The Texas Triangle as Megalopolis
http://www.dallasfed.org/research/houston/2004/hb0403.html
Houston Business?A Perspective on the Houston Economy
March 2004
Federal Reserve Bank of Dallas
Houston Branch
Houston?s Job Growth Will Strengthen in 2004
http://www.dallasfed.org/research/houston/2004/hb0402.html
Houston Chronicle
The Chronicle 100
Houston?s Leading Companies
http://www.chron.com/content/chronicle/special/03/100/index.html
US Bureau of Labor Statistics
Houston, TX Economy at a Glance
http://www.bls.gov/eag/eag.tx_houston.htm
Houston Economic Indicators
7-May-04
http://www.houston.org/aboutHouston/keyeconomic.htm
Employment Change by Industry
Services-providing sectors lead Houston?s job growth.
http://www.houston.org/blackfenders/10C-W005-JobGrowthbySector.pdf
===============================================================
I hope you have found this information helpful. If you have any
questions, please request clarification prior to rating the answer.
Googlenut
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