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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 ]
Real GDP growth rate by U.S. state in 2021 according to the U.S. Bureau of Economic Analysis This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices.
Texas is ranked twenty-fifth among US states by median household income, with a per capita income of $19,617 (2000). Texas counties ranked by per capita income
The state has yet to return to its pre-pandemic unemployment rate of about 3.5%, even as it leads the country in new jobs created. However, state economic experts say the unemployment rate is an ...
Texas manufacturing output grew in October, but new orders are declining and the outlook is worsening. Meanwhile, retail sales declined. Signs of trouble: New reports show Texas economy is facing ...
In these charts, top Wall Street experts explain how inflation's rapid decline and resilient economic growth, among other forces, have investors optimistic as 2024 kicks off.
Energy is a major component of the economy of Texas. The state is the nation's largest energy producer, producing twice as much energy as Florida , the state with the second-highest production. It is also the national leader in wind power generation, comprising about 28% of national wind powered electrical production in 2019.
(The Center Square) – Job growth in the Texas oil and natural gas industry continues to remain strong, contributing to Texas again leading the U.S. in job growth last month. In October, the ...