Economy & Business
The economy in the Katy area accounts for over $21 billion in sales and includes over 11,000 companies with over 200 corporations headquartered here. Headquarters operations and leading employers fueling growth in the Katy area include: Academy Sports and Outdoors, BP North America, GEICO, Katy ISD, Schlumberger Technology Center, Shell Exploration and Production and Wood.
The Katy area’s economy has always been dynamic and focused on energy. With a location quotient of seven, over 55,000 people are employed in the Energy (Oil & Gas) employment cluster. We’re home to data centers, research, development and testing laboratories. Energy continues being our biggest sector, but they’re not alone in calling Katy home. The construction and finance sectors represent strong and growing clusters in our area. GEICO’s Houston Claims Center employs 1,200 in Katy, and FedEx Ground recently expanded its largest ground distribution facility in Texas.