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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 following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024. [1] [3] The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
Texas is ranked twenty-fifth among US states by median household income, with a per capita income of $19,617 (2000). Texas counties ranked by per capita income
The figure shown here is for New York County/Manhattan, and does not include the other four boroughs' GDP. ^b Denver, Philadelphia, and San Francisco are consolidated city-counties. ^c The District of Columbia is a federal district, meaning it is not under any traditional city, county, or state government. ^d GDP divided by county population
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]
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 ]
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In 2016, the metropolitan economy surpassed Houston, the second largest metro area in Texas, to become the fourth-largest in the U.S. The Dallas–Fort Worth metroplex boasted a GDP of just over $620.6 billion in 2020 (although both metropolitan regions have switched places multiple times since GDP began recording). [9]