I’m having touble seeing any signs of a recession or slowdown in Houston. One mile backups at many of the malls to just get into the parking lot.
What recession?
” What recession? “
That is exactly the same thing I am seeing in Houston, The Woodlands, Dallas, Beaumont ...
Malls are FULL of people and they are all carrying sacks of stuff they have bought.
Try and get in a restaraunt ... have to wait 45 minutes to an hour or longer, they’re all full of people spending money.
Maybe it’s just the oil patch business that supports this region longer or something.
Is it the same elsewhere ?
in Houston
**********************************
Houston was swimming in oil cash up until just 2 months ago with no housing issues... you are the exception for now ,,, but $25/bbl oil will be affecting you very soon.