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Houston a top metro for economic healthHouston a top metro for economic healthhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=96472012-09-12T09:12:00Z2012-09-12T00:00:00Z

HOUSTON - Houston ranks No. 6 in a new analysis that measures the economic health of 102 major metropolitan areas.

Houston received overall score of 75.523 in the Business Journals’ On Numbers Economic Index, which is calculated by an 18-part formula. It also ranked No. 8 on the short-term index and No. 7 on the long-term index.

Houston’s private sector grew 5.19 percent in the past five years, with 4.11 percent growth over the past year. Similarly, the area’s house appreciation increased 5.82 percent in the past five years and 4.14 percent over the past year.

Earnings per worker grew 3.39 percent over the past five years and 0.31 percent over the past year.

Oklahoma City, Okla. topped the list, due to earnings growth of 11.9 percent and an unemployment rate of 4.8 percent. Austin was the top Texas metro and ranked No. 2 nationwide, due to local job growth of 7.1 percent over the past five years.

Rounding out the top five metros are Omaha, Neb.; Pittsburgh, Pa.; and Denver, Co.

Houston Business Journal
Houston-The Woodlands-Sugar Land
Economy
http://www.bizjournals.com/houston/news/2012/09/10/houston-a-top-10-metro-for-economic.htmlRead more at {Source}

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