Texas Commercial Property Tax Consultants’ Post

Job growth in Houston is slowing, with the city losing 13,100 jobs in the first seven months of the year, compared to the historical average addition of around 22,000 jobs annually. The primary losses have been in the trade, transportation, utilities, and government sectors. However, there are positive signs, such as major industrial leases, indicating potential for recovery. Additionally, the leisure, hospitality, and construction sectors are showing job gains, with increased hiring in food services and retail driven by post-pandemic consumer behavior and food delivery trends.

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