In a recent ranking of metropolitan areas by Reuters Greater Houston (including Galveston County and the rest of the Houston–The Woodlands–Sugar Land MSA) was recognized among the top 20 “superstar” metro areas nationwide.
Reuters analyzed federal data to rank the top 20 out of 378 metropolitan areas by how their share of national employment changed from 2010 to 2017. This data also revealed that 40 percent of the new jobs generated during that time went to the top 20 places, along with a similar share of the additional wages.
Those cities ranked in the top 20 represent about a quarter of the country’s population and are concentrated in the fast-growing southern and coastal states.
“Houston continues to grow as a national leader in economic growth,” says Dane Carlson, Director of Economic Development for Galveston County. “We’re fortunate to be part of the economic success. Galveston County’s unique position as part of Greater Houston, and between downtown and the Gulf Coast equates to a business location and quality of life that you just can’t find anywhere else. There are advantages for companies and talent alike.”
The drop after the first top 20-ranked cities is steep. The next set of 20 cities captured just 10 percent of the jobs created from 2010 through 2017. The bottom 251 cities, many spread across the heartland and in the industrial northeast, lost job share.