Energy Continues to Drive Industrial Sector

HOUSTON-The local economy has done quite well this past year due to two things: energy and jobs. Many energy companies have selected Houston for their operations base  – the city isn’t nicknamed “Oil City” for nothing — and experts tell GlobeSt.com that it’s those companies, and their offshoots, that are having a great impact on the industrial sector.

“The main economic driver here is the energy industry and co-related dependents,” explains Stream Realty associate Michael Flowers. “That will continue to flourish, and will continue to fuel growth in multiple arenas, whether directly or from suppliers.”