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Because of the consistent Jekyll and Hyde weather this year, a Texas AgriLife Extension cotton economist said this cotton season will be the most uncertain he has ever analyzed.
Offloading freshly harvested cotton into a module builder. Previously built modules can be seen in the background. Texas has the most farms of all United States both in terms of number and size. Agriculture is a major contributor to the economy of Texas and is the primary land use in the state.
The United States exports more cotton than any other country, though it ranks third in total production, behind China and India. [1] Almost all of the cotton fiber growth and production occurs in the Southern United States and the Western United States, dominated by Texas, California, Arizona, Mississippi, Arkansas, and Louisiana.
Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]
Since 2014, the proportion of the student population getting special education services has increased from 8.4% to 12.6% in 2023, according to Texas Education Agency data.
A summer t-shirt may cost you a bit more in the coming months. Cotton prices are soaring. Futures for the commodity were trading at their highest levels since 2011 this week, surpassing $1.48 per ...
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP.
The Cotton Bowl is a play on words with a cotton bowl, which is the piece of the cotton plant that protects the fluffy inside. Texas was the leading producer of cotton at the time.