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Sixteen of the 18 manufacturing industries anticipated revenue improvement. They predicted that capital expenditures would increase 5.2% year-on-year, compared to a 5.6% rise reported for 2024.
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 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]
Infrastructure growth to and around the ports has had a “rippling effect from transportation to engineering and manufacturing.” The US LNG industry, led by Texas, “contributes a whopping $43 ...
The new manufacturing economy integrates networks, 3D printers and other proficiencies into business strategies to further develop manufacturing practices. [ 2 ] Thomas Friedman references Lawrence F. Katz that hubs of "universities, high-tech manufacturers, software/service providers and highly nimble start-ups" [ 3 ] are a needed economic ...
(Reuters) -Texas was sued on Thursday by a nonprofit whose members support environmentally-friendly policies, and which seeks to block a state law targeting businesses that support reduced ...
The U.S. manufacturing industry employed 12.35 million people in December 2016 and 12.56 million in December 2017, an increase of 207,000 or 1.7%. [3] Historically, manufacturing has provided relatively well-paid blue-collar jobs, although this has been affected by globalization and automation.
The Thomas Register of American Manufacturers, now Thomas, [1] is an online platform for supplier discovery and product sourcing in the US and Canada. It was once known as the "big green books" and "Thomas Registry", and was a multi-volume directory of industrial product information covering distributors, manufacturers and service companies [2] within thousands [3] of industrial categories ...