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Neporo4naja [7]
3 years ago
7

What are the 5 industries which comprise two-thirds of Houston’s total exports?

Business
1 answer:
Verdich [7]3 years ago
3 0

Answer:

Top 5 industries in Houston:

  1. Petroleum and coal products.
  2. Chemicals.
  3. Oil and Gas extraction.
  4. Construction and Mining machinery.
  5. Plastics.

Other sectors supported by Energy sector.

  • Real Estate - oil workers are able to rent and buy houses.
  • Finance and Insurance -  due to investments in the Energy industry as well as salaries enabling investments in other finance products.
  • Retail Trade - Employees in energy are able to afford goods and services offered by retail trade thereby supporting the sector.
  • Government - Huge taxes generated from energy sector jobs contribute to both the Federal and State governments.
  • Agriculture - As is the case in other sectors, energy sector employees spend a lot on food which props up the agricultural sector.
  • Construction - With the massive construction projects needed in the energy sector, the construction sector gains massively from interacting with the energy sector.
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