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Texas is ranked as the 8th largest economy among nations of the world by nominal GDP, ahead of Canada, South Korea, Russia, and Australia. [10] In 2019, Texas had a median household income of $61,874. [11] As of August 31, 2022 Texas had a total of $64.40 billion in state debt outstanding, including both general obligation and revenue debt.
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 ...
Business and economy. Kingdom Holding announces the resumption of construction on the 1,000 metres (3,300 ft)-tall Jeddah Tower in Saudi Arabia, which is expected to be the world's tallest building. Law and crime. January 6 United States Capitol attack. Pardon of January 6 United States Capitol attack defendants
For example, from 1995-2015, Thailand appears to have phased away from largely ubiquitous products “fur: 0.1 on the Product Complexity Index ("PCI"), Leather: 0.9 PCI, footwear: -0.7 PCI”, and focused their exports into products that few other countries can make “Cars: 2.47 PCI, parts and accessories of motor vehicles: 3.18 PCI, motor ...
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 ...
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 ...
As the world economy has struggled to regain its footing amidst the events of the past few years, Chinese exports have skyrocketed in the global market, rapidly increasing production to cover the quickly-rising global demand. In just one year, China's trade surplus with the US alone rose to $335.5 billion in 2021, up from $308.1 billion in 2020.
The economic impact of the COVID-19 pandemic in the United States has been widely disruptive, adversely affecting travel, financial markets, employment, shipping, and other industries. The impacts can be attributed not just to government intervention to contain the virus (including at the Federal and State level), but also to consumer and ...