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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]
Investors should pray for a mild recession from the Fed's aggressive interest rate hikes, according to Harvard University professor of economics and author Ken Rogoff, because it could get much worse.
Singh explained that in order to understand the housing recession of the 1980s, thus potentially our current situation, you first need to understand that the mid- to late-1970s was a tough ...
The updated comptroller’s report raises the amount of revenue available to the state over the 2024-25 cycle to $194.6 billion.
For comparison, the severe 1981-82 recession had a jobs decline of 3.2%. [49] Full-time employment did not regain its pre-crisis level until August 2015. [51] The unemployment rate ("U-3") rose from the pre-recession level of 4.7% in November 2008 to a peak of 10.0% in October 2009, before steadily falling back to the pre-recession level by May ...
In all, 46,000 evacuees filled Texas public schools after Katrina in the fall of 2005 — the largest increases in the Dallas area took place in the Dallas Independent School District with 1,900 new students, Arlington ISD with 1,069, Richardson ISD with 964, and Fort Worth ISD with 846. [2]
Tell Congress to get rid of the bad actors in Medicare Advantage and to stop this yearly “open season” on senior citizens. Dr. Carol Paris is past president and a member of the Board of ...
Texas quickly became one of the leading oil-producing states in the U.S., along with Oklahoma and California; soon the nation overtook the Russian Empire as the top producer of petroleum. By 1940 Texas had come to dominate U.S. production. Some historians even define the beginning of the world's Oil Age as the beginning of this era in Texas. [1]