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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]
The Texas oil boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U.S. state of Texas during the early 20th century that began with the discovery of a large petroleum reserve near Beaumont, Texas.
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.
"Texas has been over the past decade the epicenter of the kind of extreme laws," says a spokesman for a national pro-ESG organization.
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 ...
Economic history of Texas (1 C, 1 P) I. Infrastructure in Texas (2 C) L. ... Pages in category "Economy of Texas" The following 15 pages are in this category, out of ...
To follow up on the economic data provided by the U.S. Global Leadership Coalition to highlight the benefits of the international affairs budget to the Texas economy, the Star-Telegram consulted ...