Houston economy continues growth
The Houston Business Journal reports that Houston's economy continues to perform well:
Houston's economy grew in November for the 23rd consecutive month, according to a business report produced by the National Association of Purchasing Management-Houston Inc.
In November, Houston posted a Purchasing Managers Index of 60.8. A reading above the break-even point of 50 indicates that the Houston economy is generally expanding while a reading south of 50 shows its is generally shrinking, according to the index.
November also marked the 12th straight month of employment expansion in Houston and gave every indication of more months of job development on the horizon, according to the report.
Posted by Kevin Whited @ 12/14/04 11:02 PM | Print |
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