Houston saw some of the strongest business growth in the nation in the second quarter, according to newly released data from Yelp. The crowd-source review site ranks cities based primarily on the number of openings and closings of service-oriented businesses during the quarter.
Yelp’s Local Economic Outlook ranks Houston No. 5 in the U.S., up from No. 11 in the first quarter of the year. The report indicates a great many more businesses are opening in the area than closing, particularly in sectors like automotive, health and beauty and restaurants.
The Yelp report is just another in a string of recent rankings and surveys indicating the relative strength of Houston’s economy. The metro area added 94,600 jobs in the 12-month period that ended in June, led by growth in construction, administrative and support services and retail.
Click here for the report from Yelp and click here for the latest Economy at a Glance from the Partnership Research team.