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Economy of Texas. 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 $2.636 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]
(Reuters) -U.S. stock index futures inched higher on Tuesday as investors awaited a clutch of economic reports and clung to hopes of a half-percentage-point rate cut at the Federal Reserve's ...
Federal Reserve Economic Data (FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 816,000 economic time series from various sources. [1] They cover banking, business/fiscal, consumer price indexes, employment and population, exchange rates, gross domestic product, interest rates ...
The following reports on economic indicators are reported by United States government agencies : Business activity. Wholesale Inventories. Industrial Production ( Federal Reserve ) Capacity Utilization. Regional Manufacturing Surveys (purchasing managers' organizations and Federal Reserve banks ) Philadelphia Fed Index ( Federal Reserve Bank of ...
State Rep. Mihaela Plesa, a Plano Democrat on the International Relations & Economic Development Committee that oversees the Texas Workforce Commission, thinks Proposition 2 will set the stage for ...
Economic calendar. An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. [1] Market-moving events, which are typically announced or released in a report, have a high probability of impacting the financial markets. [2]
Consumer spending accounts for the vast majority of the US economy, about 70% of it. Spending accelerated sharply in the second quarter to an annual rate of 2.3%, up from 1.5% in the first quarter ...