Houston's Economy Sitting In Good Spot For 2025

Episode Transcript

Speaker 1 (00:00):
We're in a much better spot than other cities who

(00:02):
might see a downturn this year.

Speaker 2 (00:04):
We have many strong industries that are doing well. Our
housing is not cheap, but it is affordable compared to
some other cities.

Speaker 1 (00:10):
Economist Thank Lewis says more corporations are looking to move
to Houston, which helps, and we're projected to see GDP
growth as well. But there's a catch.

Speaker 2 (00:19):
Sometimes nominal GDP can grow while real GDP declines. That
usually happens when the rate of inflation is higher than
the rate of decline and growth of actual production.

Speaker 1 (00:29):
He says, our diversity with industry will keep us on
the up and up onto a parade. News Radio seven
forty e KTRH