Patrick Jankowski

Senior Vice President of Research @GHPartnership. Covering economics + demographics + all things Houston. RTs & Follows ≠ Endorsement.

[Patrick Jankowski @PNJankowski]

If you're looking for a 2-minute overview of Houston, you'll find it right here. https://t.co/O4MklHitRz

[Patrick Jankowski @PNJankowski]

Houston added 16K jobs in Dec and 179K for the year, per data released today by the Texas Workforce Commission. This should be taken with a grain of salt. When TWC issues its benchmark revisions in March, gains will prove to be substantially less. https://t.co/PFIscywyUu

[Patrick Jankowski @PNJankowski]

Love this quote from Stanley Bergman, CEO of dental-products supplier Henry Schein: “If you talk to people on Wall Street who are 35 years and younger, they think it’s the end of the world. You talk to people 50 and over, we’ve been through this many times.”

[Patrick Jankowski @PNJankowski]

Inflation, as measured by the Consumer Price Index, rose 6.5% nationwide in the 12 months ending Dec ’22. This is the smallest 12-month increase since Oct ’21. https://t.co/GuE6zr8rxK

[Patrick Jankowski @PNJankowski]

Economic activity in Houston expanded at a slower pace in December, according to the most recent Houston Purchasing Managers Index. The PMI registered 53.8 in December, down from 54.7 recorded in November. https://t.co/GbmzTwCRSi

[Patrick Jankowski @PNJankowski]

The latest issue of Houston: The Economy at a Glance, reviews the current U.S. economic outlook, metro Houston's GDP in 2021, and the most recent local jobs report. https://t.co/ahOpfSWyJk

[Patrick Jankowski @PNJankowski]

Listening to "Ep. 16: The Recovery of the Oil Market and the Houston Job Surge " at https://t.co/kq7VApr22B

[Patrick Jankowski @PNJankowski]

Excellent video explaining why tech are laying off thousands. https://t.co/tQbPhUPgd2 via @WSJ

[unusual_whales @unusual_whales]

Here’s the average salary each generation says they need to feel financially healthy, per CNBC:

Gen Z: $171,633
Millennials: $133,758
Gen X: $112,222
Baby boomers: $78,317

[Patrick Jankowski @PNJankowski]

263,000 #jobs created in November; Q3 #GDP job growth revised upward to 2.9%; job openings consistently tacking above 10 mil; 4-wk avg of initial claims below this time last year; unemp steady at 3.7%. I'm not seeing signs were on the precipice of a #recession.

[Patrick Jankowski @PNJankowski]

The latest edition of Houston: The Economy at a Glance discusses the organization’s upcoming economic outlook event, the on-going recovery in the oil and gas industry, and current numbers for job growth in Houston. To read more https://t.co/UHTXFxbT85

[Patrick Jankowski @PNJankowski]

It’s been a great year for #Houston. The region has created 144,500 jobs so far. Next year will be less robust, though. On Dec 8, I’ll release my forecast for '23. If you’d like to attend, click on the link: https://t.co/Ak4dirkpla

[Patrick Jankowski @PNJankowski]

Nice to see Texas is the #1 state for renewable energy. https://t.co/1KdFMtcXFU

[Patrick Jankowski @PNJankowski]

#Houston New car, truck, and SUV sales are up 13.6% through October of this year Despite the recent discussions of an upcoming recession, vehicle sales are signaling strong consumer confidence heading into the end of the year. https://t.co/NiGcMNPMmI

[Patrick Jankowski @PNJankowski]

I'll be presenting at the Partnership’s Houston Region Economic Outlook on December 8th! Come check out my analysis on current trends and what Houston should expect in 2023.

🔗Register here: https://t.co/Ak4dirkXaI

[Patrick Jankowski @PNJankowski]

Looking forward to sharing my 2023 economic forecast for #Houston on December 8. If you'd like to attend the event, here's the link. https://t.co/nDLODYcKgu

[Patrick Jankowski @PNJankowski]

Economic activity in #Houston expanded at a somewhat slower pace in October, according to the most recent Houston Purchasing Managers Index.
https://t.co/GbmzTwDpHQ

[Patrick Jankowski @PNJankowski]

In case you missed it, here's the November issue of #Houston: The Economy at a Glance. https://t.co/Sc0UzJeToM

[Patrick Jankowski @PNJankowski]

Here's my latest podcast on The Health of Houston's Apartment Market" https://t.co/LaFUgvUVZU

[Patrick Jankowski @PNJankowski]

From today’s report on metropolitan area employment and unemployment: “A total of 150 areas had jobless rates of less than 3.0 percent …” Upward pressure on wages will continue with such a tight labor market. More interest rate hikes to come. https://t.co/rx0574xPZK