Economic Growth Continues

Services Lead Expansion (Houston, Texas) – According to Houston area supply chain executives, overall economic activity in Houston expanded in September for the fourth month led by improving expansion in non-manufacturing activities. Manufacturing activities contracted at a very slow pace again this month. The Houston Purchasing Managers Index rose a modest 0.8 points to 53.4 […]

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Houston Economy Strengthens

Corona Virus Concerns Moderate (Houston, Texas) – According to Houston area supply chain executives, overall economic activity in Houston expanded in August for the third month in a row led by modest expansion in non-manufacturing activities. Manufacturing activities contracted at a very slow pace during the month. The Houston Purchasing Managers Index rose 4.7 points […]

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Houston Economic Expansion Moderates

Concerns Regarding the Corona Virus Continue (Houston, Texas) – According to Houston area supply chain executives, overall economic activity in Houston expanded in July for the second month in a row. Manufacturing activity contracted at a modestly faster pace. The Houston Purchasing Managers Index fell 1.6 points to 47.9 during the month. Two of the […]

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Houston Economy Returns to Expansion

(Houston, Texas) – According to Houston area supply chain executives, overall economic activity in Houston expanded in June for the first time in four months. Manufacturing activity continued to contract, although at a much slower pace. The Houston Purchasing Managers Index rose 9.3 points to 49.5 in June. Two of the three underlying indicators that […]

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Economy Contracting at a Slower Pace

(Houston, Texas) – According to Houston area supply chain executives, economic activity in Houston contracted at a slower pace in May than it did in April. Overall economic activity has now contracted for three months. The Houston Purchasing Managers Index rose 5.6 points to 40.2 in May. Two of the three underlying indicators that have […]

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Houston Economy Contracting at a Rapid Pace – Oil Surplus Intensifies Virus’s Impact

(Houston, Texas) – According to Houston area supply chain executives, both goods and services producing activities in Houston contracted further during April. Overall economic activity is now contracting at its fastest rate since the ISM-Houston Business Survey began in 1995. The Houston Purchasing Managers Index fell almost 6 points to 34.6 during April. Two of […]

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Manufacturing and Service Activities Weaken – Low Oil Prices and COVID-19 Severely Impact Growth

ISM-Houston Business Report – March 2020 (Houston, Texas) – According to Houston area supply chain executives, both goods and services producing activities in Houston fell considerably this month. Overall economic activity is now contracting for the first time since the 2015-2016 Houston area downturn. Nearly all survey respondents indicate that the Covid-19 pandemic has had […]

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