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Fall 2017 Bi-Annual Economic Symposium

  • Date: 11/6/2017
  • Time: 11:00 AM - 1:30 PM
  • Location: Hyatt Regency Houston Hotel, 1200 Louisiana St., Houston, TX
  • Fee: $110/seat until Oct. 13 / $125/seat after Oct. 13 / $1100/table of 10 seats
  • Contact: Patsy Woods
  • Email: pwoods@uh.edu

Details:

Fall 2017 Economic Symposium Lunch and presentation by Dr. Robert W. "Bill" Gilmer, Director, Institute for Regional Forecasting "Slow Growth Returns to Houston in 2017: Can We Bring Back the Oil Jobs in 2018?" Last fall, it appeared that global oil markets were finally ready to heal, when OPEC committed to speed things up by limiting oil production. Oil prices were expected to quickly move to $55 per barrel and beyond, and the news brought a rising rig count, the return of oil jobs, and economic optimism that spread through Houston. Then we watched oil prices falter through the spring, and optimism evaporate this summer. Now drilling has probably peaked again, with many analysts forecasting a decline in coming months. After a fast start to 2017, Houstonís economy also showed signs of faltering this summer: July saw a reversal in oil jobs, weaker overall job growth, a big decline in the labor force, and a purchasing managerís survey predicting sluggish growth ahead. A sustained turnaround in drilling is badly needed to move Houstonís economy off its current slow pace. The momentum of the boom years is gone, and the Ship Channelís petrochemical boom is ending. The U.S. economy is left as the one thin reed supporting the local economy. Where now for oil? For Houstonís population and job growth? For construction, housing, and real estate? Our Fall Symposium is an in-depth look at each of these questions.

Event or Registration Link:

http://www.bauer.uh.edu/centers/irf/fall-2017-symposium.php

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Need to add an event to the Bauer Calendar?

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Jessica Navarro
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713-743-4348
jnavarro@bauer.uh.edu
(Email preferred)


Office of Communications
Melcher Hall Room 320G
University of Houston
Houston, TX 77204-6021


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