Economy
The area's most important employment sectors are aerospace, high-tech (software, biotechnology, electronics, etc.), and tourism. Most other employment in the region is supported by these industries.
NASA's Johnson Space Center (JSC) is an important pillar of the area economy. As of 2010 the center itself employs 3,000 civil servants and 12,000 engineering contractors. Businesses around this core include a broad range of high-tech development enterprises. JSC manages more than $4 billion annually in aerospace contracts, and together with numerous private companies involved in space programs and related ventures gives the area one of the highest concentrations of aerospace businesses and expertise in the nation.
The tourism industry attracts millions of visitors each year with attractions ranging from Space Center Houston to the bay itself. Ecotourism, in particular, is a growing sector with destinations such as the Armand Bayou Nature Center, one of the largest urban wilderness preserves in the nation, and the Seabrook Trail System (part of the Great Texas Coastal Birding Trail). Biotechnology, which already employs nearly 3000 workers in the area, is a smaller but growing industry in the area enabled in large part by JSC and the Texas Medical Center in Houston. Commercial fishing is one the older industries in the region and is still a significant economic sector.
Read more about this topic: Clear Lake (region)
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (18171862)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (18031882)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)