If Houston were a nation, its economy would be the 25th largest in the world, just behind Norway, according to a new report by Texas Comptroller Susan Combs.
Following the effects of Hurricane Ike in 2008, the Gulf Coast region has shown resilience in the area economy and even surpassed the rest of Texas for quarterly sales when the state entered a national recession, according to the report.
The Gulf Coast region’s economic outlook is positive, with a diverse industry base providing support for the state and national economies.
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