19 Aug 2015 Top 10 Counties with Best and Worst Performing Holding Company Economies of 2014: Harris County-TX / Houston Creates the Most Jobs at Holding Companies; Fairfax County-VA / Washington DC Loses the Most
Recently released data show that jobs created in 2014 by holding companies across counties in the US varied from a high of 9,600 in Harris County-TX (Houston) to a loss of 2,600 jobs in Fairfax County-VA (Washington DC). “Holding Companies” includes the owning or management of other operating companies (NAICS 55: Management of Companies and Enterprises).
Out of more than 1,100 counties with holding company economies, the Top 5 job creators also included Dallas County-TX (Dallas), Johnson County-KS (Kansas City), Franklin County-OH (Columbus), and Dane County-WI (Madison).
Holding company job losses were highest in Fairfax County-VA (DC), Bergen County-NJ (NYC), Union County-NJ (NYC), Middlesex County-MA (Boston), and Richland County-SC (Columbia).
Job creation in the holding companies sector in the US has steadily grown. In the last 5 years, the sector grew 16% and created 300,000 new jobs. The sector currently employs 2.2 million people in the US.
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