Institute for Regional Forecasting: 30,000 new jobs, $5 gas on horizon
Economic researchers at UH predict an increase of more than 30,000 jobs next year — up 1.2 percent as Houston continues its recovery from the recession.
These projections were presented Nov. 4 during the UH Institute for Regional Forecasting's 2010 Fall Forecast Symposium luncheon at the Hyatt Regency Hotel downtown. The symposium was led by Ted C. Jones, chief economist for Stewart Title Guaranty Co., who presented data gathered and analyzed by the institute.
Part of the findings is that the demand of fuel from China may lead to $5-a-gallon gas here in Houston in 36 to 48 months.
Houston Chronicle reporter L.M. Sixel attended the event and wrote the article "City Expected to add 30,000 jobs next year" for the online edition and the Nov. 5 business section.
The UH Institute for Regional Forecasting is a division of the Hobby Center for Public Policy.