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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 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.
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 ...
And while both Texas and the U.S. saw around 63.4% of people participating in the labor force before the pandemic, Texas’s labor force participation rate has recovered to 64.2% as of last month.
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 ...
The Texas Almanac is a biennially published reference work providing information for the general public on the history of the US state of Texas and its people, government and politics, economics, natural resources, holidays, culture, education, recreation, the arts, and other topics.
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.
Labor movement in Texas (2 C, 2 P) Pages in category "Economic history of Texas" This category contains only the following page.