Houston Economy Accelerated In May

The latest survey of purchasing managers finds the Houston economy rebounded in May to its strongest performance in three months.

The Houston Purchasing Managers Index rose to 59.6 in May — up half a point from April.

Mike Valant is survey chairman with the Institute of Supply Management – Houston.

“The really good part is that both finished goods inventory and materials inventory are both reducing, which means they’re consuming faster than they’re building, and production has been increased. So that’s three positive signs that’s been kind of slow here lately.”

Valant says Houston sales also enjoyed a slight pickup in May compared to April. Employment numbers dropped slightly from the previous month but remained strong.

The PMI indicates likely shifts in production three or four months in advance. It has a range of 0 to 100, with readings over 50 pointing to near term production gains.




graph provided by ISM – Houston


Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media’s coverage of national, state, and local elections. He also reports on major policy issues before the Texas delegations in the U.S. House and Senate, as well as the Texas governorship, the state legislature, and county and city governments. Before taking up his current post, Andrew...

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