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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 $2.636 trillion as of 2023. [ 7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [ 8]
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $28.269 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($3.987 trillion), Texas ($2.664 trillion), and New York ($2.226 trillion).
In the United States, the average household net adjusted disposable income per capita is USD 45 284 a year, much higher than the OECD average of USD 33 604 and the highest figure in the OECD. ^ "Income Distribution Database". stats.oecd.org. Retrieved March 4, 2023.
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 ...
Map of the United States with Texas highlighted ... Texas's economy is the ... according to government data for the 2011–2012 school year. [354] The rate of school ...
In the Great Depression, GDP fell by 27% (the deepest after demobilization is the recession beginning in December 2007, during which GDP had fallen 5.1% by the second quarter of 2009) and the unemployment rate reached 24.9% (the highest since was the 10.8% rate reached during the 1981–1982 recession).
Texas: 402.792 84,250 4,780,913 5 ... or state government. ^d GDP divided by county population ^e List of the most populous counties in the United States. 2021 list
The government's broadest gauge of prices in the economy, the gross domestic purchases price index, rose at 2.3% pace after jumping at a 3.1% rate in the January-March quarter.