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This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices. The data source for the list is the Bureau of Economic Analysis (BEA) in 2024. The BEA defined GDP by state as "the sum of value added from all industries ...
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]
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As of 2024, Texas had a gross state product (GSP) of $2.664 trillion, the second highest of any U.S. state. [251] Its GSP is greater than the GDP of Brazil, the world's 8th-largest economy. [252] 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
Continue reading ->The post GDP: Definition, Examples and Economic Usage appeared first on SmartAsset Blog. Gross domestic product (GDP) measures the market value of all goods and services a ...
This is a list of U.S. states and territories by economic growth rate.This article includes a list of the 50 U.S. states, the District of Columbia, and the 5 inhabited U.S. territories sorted by economic growth — the percentage change in real GDP for the third quarter of 2023 is listed (for the 50 states and District of Columbia), using the most recent data available from the U.S. Bureau of ...
If Texas were a country, it would be the ninth biggest economy in the world. Give it another few years, and Texas should surpass Italy to become eighth largest, Gov. Greg Abbott says.
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