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“Oil Still Makes the Difference for Houston,” Economist Weighs in at May 12 Symposium

Published on May 6, 2015

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“Oil Still Makes the Difference for Houston,” Economist Weighs in at May 12 Symposium
For the fifth time since 1982, oil prices and rig counts have plummeted, bringing concerns for the Houston economy to an all-time high. Robert (Bill) W. Gilmer, noted economist and director of the Institute for Regional Forecasting (IRF) at the C. T. Bauer College of Business, will present his predictions for how long it will take Houston to recover at his Spring 2015 Symposium on May 12.

Titled Good Time or Bad? Oil Still Makes the Difference for Houston, Gilmer will review the growing history of drilling busts, looking carefully for clues to the depth and duration of the current downturn. He will also present what makes the current situation unique, including a strengthened U.S. economy and a boom in petrochemical construction, and how all of this affects the wave of job losses that began in 2014.

Gilmer is available to discuss the Spring Symposium and future projections for Houston’s economy.

Event Details:
Date: Thursday, May 12, 2015
Time: 11:30 a.m.-1:30 p.m.
Location: Hyatt Regency Hotel (Imperial Ballroom), 1200 Louisiana, Houston, TX 77002

Read more at http://www.bauer.uh.edu/centers/irf/spring-2015-symposium.php

To schedule an interview or attend the event, see Media Contact section to the right.

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