Title: HOUSTON: Open for Business
1HOUSTON Open for Business
2Houstons Strategic Location
3Houston Area Profile
- Houston, with 5.2 million residents, is the
sixth-most populous metro area in the U.S. Its
2006 10-county metro area Gross Area Product
(GAP) exceeded 360.6 billion.
4Houston Area Profile
- Founded in 1836
- City of Houston Population 2.01 Million
- Fourth-most populous U.S. city
- Largest city in southern U.S. and Texas
- Houston Metropolitan Statistical Area (MSA)
Population 5.28 Million - Sixth-most populous among U.S. MSAs
5Houston Area Profile
- MSA Area 10,062 Square Miles (26,060 km2)
- Gross Area Product - 360.6 Billion (2006)
- 30th largest world economy
- Larger than GAP of Austria, Sweden, Switzerland
or Hong Kong - Jobs 2.4 Million in MSA (10 county region)
- More jobs than Colorado, Kentucky, Alabama or
South Carolina
6External Drivers of Houstons Economy
- U.S. Economy
- Energy Prices
- Value of the Dollar
7Houston PMSA Economic Base Employment
Source Institute for Regional Forecasting,
University of Houston, July 2006
8Houston-Area Industry Mix
- Aerospace
- Health Care/Biotechnology
- Electronics and Technology
- Engineering and Construction
- Chemicals
- Energy
- Information Technology
9Industry Shares of Job Change
Source Texas Workforce Commission, August 2006
10Aerospace
- Houston is home to NASAs Johnson Space Center
- 17,400 employees (3,200 civil, 14,200 contract)
- Major contractors Boeing, Lockheed Martin,
SPACEHAB, Raytheon, United Space Alliance - Space Center Houston draws 870,000 visitors
annually
11Health Care
- Texas Medical Center - the worlds largest 26
million sq. ft., 1000 acres - 45 institutions, including 13 hospitals
- 8.2 billion capital investment
- 5 medical schools, 4 nursing schools, 2 pharmacy
schools, one dental, 22,000 students - 2.5 billion in research grants (01-05)
- 65,000 employees in 2005
- 5.2 million patient visits in 2005
12Electronics and Technology
- Seven Houston area companies made the 2005
Technology Fast 500, a list of the nations
fastest-growing technology companies compiled by
Deloitte. - Major employers include HP/Compaq, Suntron Corp.,
BMC Software, Texas Instruments, Bindview and
Universal Computer Systems. - More than 300 software development companies and
49,000 software professionals.
13Engineering
- Houston has nearly 45,000 engineers and
architects of all disciplines, the most numerous
being aerospace, civil, chemical,
electrical/electronic and petroleum. - In all, there are some 2,500 engineering and
architectural firms in Houston.
14Chemicals
- Houston-Gulf Coast region has nearly 40 of the
nation's base petrochemicals manufacturing
capacity. - 400 chemical plants and petroleum refineries
- 11,600 employees engaged in refining activities
and 37,300 engaged in chemicals processing
15Energy Capital of the World
- Domestic and international center for every
aspect of the oil gas industry - Nearly 3,600 energy-related companies
- 30.2 of U.S. jobs in OG extraction
- 13.7 of U.S. jobs in support activities for
mining services - 10.4 of U.S. jobs in agricultural, construction
and mining machinery manufacturing
16Houston Companies
Houston is a major corporate center. Numerous
Fortune 500 companies, multinationals and
domestic concerns maintain operations here.
- Anadarko Petroleum
- Apache
- Baker Hughes
- Burlington Resources
- CenterPoint Energy
- ConocoPhillips
- Continental Airlines
- Dynegy
- El Paso
- Enbridge Energy Partners
- Enterprise Products
- Frontier Oil
- Group 1 Automotive
- Halliburton
- Kinder Morgan Energy
- Lyondell Chemical
- Marathon Oil
- National Oilwell Varco
- Plains All American Pipeline
- Reliant Energy
- Smith International
- Sysco
- TEPPCO Partners
- Waste Management
Source Fortune, April 17, 2006
17Target Industry Clusters
- Energy Traditional and Alternative
- Electronics/computers/software
- Biomedical/biotechnology
- Telecommunications
- Plastics
- Metals
- General manufacturing
18HOUSTON Open for Business
19International Business
- Houston has
- 58 of Texas companies with overseas offices
- 46 of all foreign firms with Texas operations
- 21 foreign banks from 10 nations
- 3,000 international firms
- more than 770 foreign-owned firms
- 900 freight forwarders
20International Business
- Houston has
- 86 foreign consulates
- 41 foreign trade and commercial offices
- 23 international chambers of commerce and trade
associatons - 16 sister-city relationships Australia (1), Asia
(4), Europe (7), Africa (1) and Americas (2) and
Abu Dhabi, UAE
21International Representation
SOURCES Houston International Protocol Alliance,
2006 and Foreign Consular Offices in the United
States, U.S. Dept. of State, 2006
22Houstons Strategic Location
23Houstons Ground Transportation
- Houston has more than 1,100 long-distance
non-local truck lines operating in the area.
24Houston Airport System
- The Houston Airport System is the sixth-largest
in the world.
25Houston Airport System
- Ranks 7th nationally in passenger volume
- Ranks 8th in international passenger volume
- 11th among U.S. International Cargo Gateways
- Nonstop and direct passenger air service to 75
international destinations. - Nonstop service to 120 U.S. Markets
Source Houston Airport System, 2006 (Figures
Reflect 2005)
262005 International Passengers by Region
Source Houston Airport System 2006
27Houstons 2006 Air Cargo Trade with the World
- Trade by Region
- Europe 50.9
- Asia and Pacific Rim 15.6
- Middle East 14.7
- Latin America 8.6
- Africa 6.8
- North America 3.2
- 2006 air cargo trade with Italy
- 5.5 million kilograms
Source U.S. Dept. of Commerce, Bureau of the
Census, 2006 (Figures reflect 2005 kg) Note
Latin America includes South and Central America
and the Caribbean
28Port of Houston Authority
- The Port of Houston is the tenth largest port in
the world.
29Port of Houston Authority
- The Port of Houston is a 25-mile (40-kilometer)
complex of diversified public and private
facilities. - In terms of tonnage, the Port of Houston is the
worlds tenth largest port. - In 2006, it ranked first in value of exports,
third in value of imports, and third in value of
total foreign trade. - In 2006, 7,550 ships called at the Port of
Houston, moving an estimated 200 million short
tons of cargo. - Total value of foreign trade through the Port in
2006 was 102.9 billion.
30Houstons 2006 Seaborne Trade with the World
- Trade by Region
- Europe 31.6
- Latin America 21.7
- Asia and Pacific Rim 14.5
- North America 13.0
- Africa 12.3
- Middle East 6.6
- 2006 seaborne trade with Italy
- 3.3 billion
Source U.S. Dept. of Commerce, Bureau of the
Census, 2006 (Figures reflect 2005 in value)
Note Latin America includes South and Central
America and the Caribbean
31HOUSTON Open for Business
- The Greater Houston Partnership