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Texas is ranked as the 8th largest economy among nations of the world by nominal GDP, ahead of Canada, South Korea, Russia, and Australia. [10] In 2019, Texas had a median household income of $61,874. [11] As of August 31, 2022 Texas had a total of $64.40 billion in state debt outstanding, including both general obligation and revenue debt.
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($4.080 trillion), Texas ($2.695 trillion), and New York ($2.284 trillion).
us gdp by cbsa, 2022. This is a list of the United States metropolitan areas by their gross domestic product (GDP). Real GDP for the top 50 metropolitan statistical areas in millions of dollars [ 1 ] [ 2 ] [ 3 ]
Nominal GDP (billion US$) [needs update] Year Pop. (mil) Nominal GDP per capita (thousand US$) California: State United States: North America: 4,080 2024 [1] 38.9 105 Texas: State United States: North America: 2,695 2024 [1] 30.5 87 England: Constituent country United Kingdom: Europe: 2,674 2022 [2] 57.1 47 New York: State United States: North ...
The anonymous Texas Business Outlook Survey received feedback from 422 business executives Oct. 18-26. More: 'It adds up to real money': Austin-area electric bills on rise since 2021 grid disaster ...
As of 2024, Texas had a gross state product (GSP) of $2.664 trillion, the second highest in the U.S. [253] Its GSP is greater than the GDP of Brazil, the world's 8th-largest economy. [254] The state ranks 22nd among U.S. states with a median household income of $64,034, while the poverty rate is 14.2%, making Texas the state with 14th highest ...
This is a list of U.S. states and territories by economic growth rate.This article includes a list of the 50 U.S. states, the District of Columbia, and the 5 inhabited U.S. territories sorted by economic growth — the percentage change in real GDP for the third quarter of 2023 is listed (for the 50 states and District of Columbia), using the most recent data available from the U.S. Bureau of ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), central bank leaders see core inflation hitting 2.5% next year — higher than September's projection ...