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Letter from the Chairman

Chairman's Letter

Happy new year, friends-

2025 is here, and with it, encouraging economic news.

No surprise here but Texas is the number two state for move-ins according to stats released by U-Haul and reported in the Houston Business Journal. Dallas-Fort Worth, Houston, and Austin all ranked in the top 10 growth metro. Outside of major metro areas, College Station came in at number 6.

It is exciting to see that Houston ranks number two in GDP growth among cities over 1.5 million. In addition, the Greater Houston Partnership recently released its Houston Region Economic Outlook. Its forecast predicts Metro Houston to create 71,200 jobs in 2025. The largest gains will be in healthcare, construction, and professional and technical services. Houston should finish 2025 with over 3.5 million payroll jobs, a record. And while overall U.S. banking M&A activity was slow, Houston activity was brisk in 2024 and 2025 is expected to maintain the pace.

With the new year comes a new team member. Welcome Katie Dillon, transactional legal assistant, to BoyarMiller.

At BoyarMiller, we are dedicated to surpassing expectations through exceptional service, and providing strategic guidance to propel your business forward. If we can help you advance your business and navigate growth in 2025 give us a call.

Sincerely,

Chris Hanslik

Chairman

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