l the jobs lost in the preceding economic
downturn, but after the crash, more than two jobs were added for every one lost.
Economist and vice president of research at the Greater Houston Partnership
Patrick Jankowski attributed Houston's success to the ability of the region's
real estate and energy industries to learn from historical mistakes.
Furthermore, Jankowski stated that "more than 100 foreign-owned companies
relocated, expanded or started new businesses in Houston" between 2008 and
2010, and this openness to external business boosted job creation during a
period when domestic demand was problematically low
