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The Top 12 American Boomtowns

By Bloomberg Rankings and Nikhil Hutheesing - 2013-04-24T14:48:01Z

Photograph by Don Klumpp/Getty Images

Company Symbol % Change
6 of 15

Houston-Sugar Land-Baytown, Texas    

2007 Population: 5,628,101
2011 Population: 6,086,538
Percent Change: 8.15
GDP Compound Annual Growth: 1.55%

Like San Antonio, Houston has benefited from the oil and gas boom. Mining companies such as BHP Billiton Ltd. and El Paso Mine Machinery Corp. are big employers. So is NASA’s Johnson Space Center. Alec Friedhoff, a senior research analyst at the Brookings Institution, says that while the recession here wasn’t as severe as in other parts of the nation, the economy is bouncing back just as strongly as some of the worst-hit areas. More than 6.1 million people live here, and unemployment stands at 6.3 percent.