Economy of Houston

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High Quality Content by WIKIPEDIA articles! The economy of Houston is primarily based on the energy industry particularly oil, however, biomedical research and aerospace are also large parts of the city's economic base. The Houston metropolitan area comprises the largest petrochemical manufacturing area in the world, including for synthetic rubber, insecticides, and fertilizers. The area is also the world's leading center for building oilfield equipment. The city is home to 5,000 energy-related establishments, including many of the top oil and gas exploration and production firms and petroleum pipeline operators. Houston is second to New York City in Fortune 500 headquarters.The Houston Sugar Land Baytown MSA's Gross Metropolitan Product in 2005 was $308.7 billion, up 5.4 percent from 2004 in constant dollars, slightly larger than Austria's Gross Domestic Product. Only 28 nations other than the United States have a GDP exceeding Houston's GAP. Mining, which in Houston is almost entirely oil and gas exploration and production, accounts for 11 percent of Houston's GAP, down from 21 percent as recently as 1985.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130851309
    • Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
    • EAN 9786130851309
    • Format Fachbuch
    • Titel Economy of Houston
    • Herausgeber Alphascript Publishing
    • Anzahl Seiten 92
    • Genre Wirtschaft

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