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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.
By 1966, Houston-based Trans-Texas Airways (TTa) had introduced Douglas DC-9-10s with nonstop flights to Dallas Love Field, Corpus Christi and Baton Rouge and direct to New Orleans. In 1966, Braniff was operating flights via interchange agreements with both Pan American World Airways ( Pan Am ) and United Airlines from Hobby.
Economy of Texas. The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.636 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]
Houston (/ ˈ h juː s t ən / ⓘ; HEW-stən) is the most populous city in the U.S. state of Texas and in the Southern United States.Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County; as well as the principal city of the Greater Houston metropolitan area, the fifth-most populous metropolitan statistical area in the United ...
The largest chunk of job gains occurred in the public sector, which added a net 70,000 jobs, specifically local government excluding education (up 34,100). The health care industry added another ...
U.S. job market remains hot, adds 272,000 positions in May The U.S. economy added 272,000 jobs in May, bringing good news for workers but potentially complicating the Federal Reserve's ongoing ...
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