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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]
Nominal GDP at Current Prices (millions of U.S. dollars) Real GDP growth rate GDP per capita Year of reference Puerto Rico: $115,799 -0.2% $37,170 2023 Guam: $6,910 5.1% $40,807 2022 U.S. Virgin Islands: $4,672 -1.3% $44,320 2022 Northern Mariana Islands: $1,096 16.7% $22,118 2022 American Samoa: $871 1.8% $19,673 2022 Minor Outlying Islands: Total
Within the BOP there are three separate categories under which different transactions are categorized: the current account, the capital account and the financial account. In the current account, goods, services, income and current transfers are recorded. In the capital account, physical assets such as a building or a factory are recorded.
Growth accounting decomposes the growth rate of an economy's total output into that which is due to increases in the contributing amount of the factors used—usually the increase in the amount of capital and labor—and that which cannot be accounted for by observable changes in factor utilization. The unexplained part of growth in GDP is then ...
They say everything is bigger in Texas -- and that may include the salaries of the elite. Joining the ranks of the highest earners in many of the state's largest cities means earning some serious...
According to the 1993 SNA, [2] net acquisitions of valuables are also considered capital formation. The following table shows the most recent values (for 2023) as well as three previous ones (if available) of gross fixed capital formation, expressed in millions of current US dollars [ 3 ] and as percentage of GDP, [ 4 ] based on data published ...
The rankings are based on the amount of money left over after taking into account expenses for households with two working adults supporting one child. ... Texas. The median income in this county ...
Pine Hills, FL saw the highest increase in median income. The median income rose by an estimated 65% in Pine Hills, going from $43,452 in 2022 to $71,735 in 2023.