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The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]
Fortune 500 companies based in Houston [1]: Rank Company name 12: ExxonMobil: 48: Phillips 66: 60: Sysco: 105: Enterprise Products Partners: 106: Hewlett Packard Enterprise: 127: Plains GP Holdings
The Downtown Houston business occupancy rate of all office space increased from 75.8% at the end of 1987 to 77.2% at the end of 1988. [20] By the late 1980s, 35% of Downtown Houston's land area consisted of surface parking. [18] In the early 1990s Downtown Houston still had more than 20% vacant office space. [21]
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Greater Houston Partnership logo. The Greater Houston Partnership (GHP) is the largest chamber of commerce in the Houston area. The Partnership is an economic development organization for the Greater Houston area. The Partnership works to make Houston greater by promoting economic development, foreign trade and investment, and by advocating for ...
The Marilyn Davies College of Business is the business school of the University of Houston–Downtown (UHD), with programs fully accredited by the AACSB International.It is one of five academic units at UHD, and is housed in the 150,000-square-foot (14,000 m 2) Shea Street Building.