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2015 West South Central Region Forecast

Nov. 24, 2014
Billions of dollars in construction is underway including new petrochemical plants, refineries and facilities for oil supply companies in Louisiana and Texas. Dallas, Houston and San Antonio are among the busiest residential construction markets in the country, and Austin is seeing a hiring binge among technology companies.

You can sum up the main reason for this region’s growth in two worlds: oil and gas. You can see it in all the new petrochemical plants, refineries and oil supply companies for offshore rigs in Louisiana towns like New Orleans, Lake Charles and Houma, and west on Route 10 into Texas through Beaumont, Port Arthur, Galveston and Houston. And you see it the lines of convoys of construction vehicles in dusty west Texas towns of Midland and Odessa, home to the Eagle Ford play, one of the biggest oil deposits in the world. The Texas economy is being fueled not only by the energy boom but a hiring binge by tech firms in the Austin area, and rapid residential growth in the Dallas, Houston and San Antonio markets. All of Texas’ largest cities are among the nation’s leaders in residential construction. Houston and Dallas were ranked #1 and #2, respectively, in building permits through August and #1 and #3, respectively, in population growth from 2012-2013, adding a combined total of 245,800 new residents in just one year, according to data from the U.S. Census Dept.

WEST SOUTH CENTRAL REGION

ELECTRICAL DISTRIBUTOR SALES DATA

EMPLOYMENT DATA FOR THE WEST SOUTH CENTRAL REGION

You can use the employment data below to calculate sales potential for key customer groups by region, state and Metropolitan Statistical Area (MSA) by using this data and Electrical Wholesaling's 2015 Sales Multipliers. To get these multipliers and to learn how to use them, click here to get to Electrical Wholesaling 2015 Market Planning Guide. Just scroll down and search for "multipliers."

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