Forbes lists Houston as 2014 economic hot spot

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HOUSTON, TX – Still hangover? Tough it out and raise your glass one more time for your beloved Houston. Forbes magazine has ranked the Bayou City as number four in a list of the US metro areas with the best economic perspectives for 2014.

And let’s hand it to Texas, y’all: with Austin in first place, San Antonio in second and Dallas coming in sixth, it looks like the Lone Star State is set to attract new waves of permanent visitors in the years to come.

Houston had a gross domestic product growth of 12.3% between 2007 and 2012, and population growth of 11.5% during that time.  Also, a 9.2% growth in jobs between 2007 and 2013.

So, what’s the formula for this miracle? Low taxes, relatively low salaries and cost of living and the energy sector.

So, if you’re not making the big bucks, you’re probably working in the wrong field.



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