There is currently widespread frustration with the performance of the global economy. Traditional policy approaches are not delivering the economic results they have in the past. In the U.S., Millennials are poorer, have lower incomes, marry …
That’s a Wrap: Texas Legislature Adjourns Sine Die
On January 8 at noon, members of the Texas Senate and House of Representatives gathered in their respective chambers at the Capitol to convene the 86th legislative session. That began the 140 day countdown to …
Texas Legislature Passes Historic Flood Control Legislation
The GHBA is a founding member of Houston Stronger, a coalition of development stakeholders from around our region. The group’s initial purpose when it formed shortly after Hurricane Harvey was to push for what became …
Mid-Year Economic Forecast 2019: Beginning Our Initial Approach
More than 700 guests were on-hand at the May 21, Mid-Year Forecast Luncheon held at Hilton Americas. Popular real estate economist Dr. Mark Dotzour shared his expertise, wisdom, humor and “crystal ball” predictions for the …
Why is Wage Growth So Lousy
While the most recent jobs report showed the unemployment rate at 4.0% — the lowest rate in almost 50 years — it also showed annual wage gains running at just 3.2%. While that is the …
Get on the Pro-Housing Bus
Rally Day is upon us! If you’re not on the pro-housing “bus,” then you’re part of the problem. On Wednesday, March 20, more than 150 builder, remodeler and associate members of the GHBA will converge …
Economic Forecast Predicts No Recession in 2019
“Build, Build, Build” If you were one of the 900+ guests at GHBA’s Economic Forecast Luncheon hoping for good news in the housing market, there were a number of reasons to stay positive. Guest speaker …
Government Affairs: A 2018 Year in Review
As we turn the page on another year and look forward in anticipation of what 2019 has in store, we need to look back and reflect on both the good and bad of 2018. It …
The Battle for Houston
America’s most opportunity-rich city faces a long-term challenge from “smart-growth” advocates pushing for more regulation. Reposted from the City Journal, August 15, 2018. Article by Joel Kotkin, a City Journal contributing editor. He serves as …
Mid-Year Economic Forecast: Houston Continues its Unbelievable Growth
More than 700 guests were on-hand at the June 6, Mid-Year Forecast Luncheon held at Hilton Americas. Popular real estate economist Dr. Mark Dotzour shared his expertise, wisdom, humor and “crystal ball” predictions for the …
Trade Wars: It’s All About Leverage
With the U.S.-China trade war looking increasingly ominous, two questions are on the minds of many: do trade deficits matter and which side has more to lose? Economists of almost all stripes agree that trade …
The Age of Austerity is Over
When the Congressional Budget Office made its June 2017 forecast of our fiscal future, it projected a deficit of $689 billion in FY2019. The deficit is now poised to be $1.2 trillion, a dramatic and …
Economic Forecast Predicts Strong Outlook for 2018
“Keep Building Responsibly” The annual Greater Houston Builders Association’s Economic Forecast Luncheon in January, was held at the Royal Sonesta and hosted over 900 GHBA members. The standing room only crowd was eager to hear …
Congress Passes Largest Tax Reform Bill in Three Decades
On Wednesday, December 20, 2017, Congress voted in favor of the $1.5 trillion Tax Cuts and Jobs Act that will, according to the Tax Policy Center’s analysis, result in eight out of 10 people paying …
GHBA Proudly Supports Members’ Rebuilding Efforts
It has been a challenging few weeks in Houston, to say the least. But, together, we have endured a lot. According to the Harris County Flood Control District, a total of one trillion gallons of …
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