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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 upcoming presidency will bring plenty of changes to the economy and it can influence where retirees relocate. Some Texas cities are positioned to benefit from the incoming administration, plus...
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 ...
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 ...
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The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]
The geography of Texas is diverse and large. Occupying about 7% of the total water and land area of the U.S., [1] it is the second largest state after Alaska, and is the southernmost part of the Great Plains, which end in the south against the folded Sierra Madre Oriental of Mexico.
Approximately two billion birds, or one in three birds migrating through the U.S., fly through the Lone Star State.