VOLUME 8, ISSUE 9 MAY 21JUNE 17, 2020
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SIGNOF THE TIMES The Katy area begins the road to economic recovery
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PHOTOS BY COMMUNITY IMPACT NEWSPAPER STAFF
Economy on the brink
Energy sector takes hit Oil prices crashed to negative digits in April during the coronavirus pandemic, but the Katy area energy sector is expected to stabilize, experts said.
Restaurants carefully reopen At least 769 restaurant employees have been laid o in the Katy area between March 15 and May 7, according to the Texas Workforce Commission.
The unemployment rate in Katy’s three counties ranges between 11.27%-12.32% , according to the Katy Area Economic Development Council.
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