Greater Houston Partnership

Greater Houston Partnership member Emilio R. Armstrong S., Armstrong Worldwide Group President and Partner at ISOLCORK USA, recently sat down with Marco Bracamontes on Nexo Latino to highlight the benefits of being a Partnership member. With five years of membership, Emilio has seen firsthand how the Partnership has supported him, his clients and Houston’s business community. ??Watch the full interview: https://ow.ly/qi1C50TktEl

Houston's economy expanded at a faster pace in August compared to July. Manufacturing surged as the PMI jumped from 45.2 to 54.2, while non-manufacturing dipped slightly. Overall, Houston's PMI rose to 51.5, indicating continued growth. ??View full details: https://ow.ly/m8bI50TmVos

Florida-based Blue Stream Fiber has announced a significant expansion into the Houston market to bring high-speed fiber-optic internet to thousands of homes and businesses in the region, marking the company’s first major foray into Texas. ??Read more: https://ow.ly/AWYF50TmQll

Physical retail is thriving in Houston, despite the decline of traditional malls. Walkable town centers like La Centerra, Sugar Land Town Square and CityCentre are drawing crowds with vibrant events and shopping experiences. ??Learn more: https://ow.ly/7Hot50TmfKq

Inflation increased 0.1% in August and 2.5% over the past year. Core inflation, excluding food and energy, rose 0.3% monthly and 3.2% annually. ??View the full inflation report: https://ow.ly/8VW650Tm6Be

Last week, the Greater Houston Partnership's UpSkill Houston celebrated 10 years of empowering a skilled workforce across the Houston region at the UpSkill Summit. Since 2014, UpSkill Houston has united industry leaders, educators and community organizations to build essential talent pipelines, impacting over 200,000 students and more than 150 employers. ??Read more: https://ow.ly/ynno50TmefW ??View event photos: https://ow.ly/YePa50TmefX

In August, brokers closed on 7,340 single-family homes, marking an 8.3% decline from last year and the third-worst August in a decade, behind 2017 during Hurricane Harvey and 2015's Fracking Bust. ??View the full report: https://ow.ly/Funm50Tm6nH

The Partnership’s HETI will be at Gastech 2024 next week! Visit us at Booth A217 at the George R. Brown Convention Center to learn all about the Energy Capital of the World. ??More info at Houston.org/Gastech

Partnership Chief Economist Patrick Jankowski shares insights from the American Community Survey on how Houston’s demographics and economy have shifted over the last decade. Stay tuned for a deeper dive in October’s Economy at a Glance! Thanks to Fifth Third Commercial Bank for supporting Economy in a Minute!

Major hospital systems in Houston are expanding into the suburbs to meet the demands of rapid population growth. These new developments, including Houston Methodist West’s $247M expansion and Memorial Hermann Sugar Land’s new tower, will increase access to specialty care while also attracting new residents and businesses. ??Read more: https://ow.ly/xOeX50Tlc8K