Houston, We Don't Have A Problem

The Houston economy is vibrant and thriving. Complimenting its ranking as one of the nation's most affordable cities is a strong economic foundation, enhanced by a diverse base. The city's business economy has rapidly diversified from its strong energy core. This economic diversification includes growth in high-technology industries, medical research, health care and professional services.

Today, the Houston economy is based on a broad spectrum of industries including:

• Oil and gas exploration
• Basic petroleum refining
• Petrochemical production
• Medical research and health care delivery
• High-technology (computer, aerospace, environmental, etc.)
• Government (City, state and federal)
• International import and export
• Commercial fishing
• Agriculture
• Education
• Film and Media
• Banking and finance
• Manufacturing and distribution
• Related service industries

Houston is home to many businesses, including corporate headquarters for a number of Fortune 500 companies. Many foreign countries and corporations have also established a presence in Houston to access North American markets via the City's excellent distribution facilities.