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Economy

Texas is a large, diversified state boasting one of the biggest economies in the world. Our reports and articles help you understand why.

Latest Economic Articles

Domestic Migration and Wealth: Texas’ Ongoing Boom 
2 minute read
Sep 05 2024

Domestic Migration and Wealth: Texas’ Ongoing Boom 

More people are moving to Texas from other states than are leaving for opportunities elsewhere. Using IRS migration data for tax years 2016-21, we see a pattern of positive domestic...
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Go West
Single-family
6 minute read
Sep 07 2023

Go West

Who's Moving to the Petroplex

One city may be known for ostriches and the other for jackrabbits, but let’s talk about the people of Midland and Odessa—specifically, the ones who are moving there and impacting the region’s economy.

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Go With the Flow
Infrastructure & Transportation
4 minute read
Jul 05 2022

Go With the Flow

How Commuting Trends Affect Austin-Area Growth

Daily commutes are a necessary evil for many Texans in urban areas. Who knew they can serve as a bellwether of a region’s economic growth? Austin served as a recent case study.

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Economic Data

Texas Total Nonfarm Employment
Seasonally Adjusted

February 2025
14.26M
0.15% MOM

Texas Unemployment Rate
Seasonally Adjusted

February 2025
4.1%
0 BPS

Consumer Price Index Growth

March 2025
2.4%
40 BPS MOM

Spot Crude Oil Price

February 2025
$71.53
7.4% YOY

Economic Reports

Texas Housing Insight | October 2024
Single-family
4 minute read
Jan 13 2025

Texas Housing Insight | October 2024

Home sales typically cool off by October, but this year is a little different with sales in both September and October higher than they were during the summer. The rate of new listings is still on the rise resulting in rising inventory levels.

Texas Housing Insight | October 2024
Outlook for the Texas Economy
< 1 minute read
Feb 25 2025

Outlook for the Texas Economy

The Outlook for the Texas Economy delivers an in-depth analysis of the state’s economic performance. It covers employment, inflation, trade, housing, and key industry trends, providing valuable insights for businesses, policymakers, and investors tracking Texas’ economic growth and market conditions.

Outlook for the Texas Economy
Laredo is a city in and the county seat of Webb County, Texas, United States, on the north bank of the Rio Grande in South Texas, across from Nuevo Laredo, Tamaulipas, Mexico.
Texas Economy
4 minute read
Dec 11 2024

Texas Border Economy | Third Quarter 2024

Like last quarter, border employment grew in 3Q2024but not enough to prevent an increase in the unemployment rate. Housing sales had a worse second quarter this year than last year, and home prices increased in two of the four border metros.

Texas Border Economy | Third Quarter 2024
TG magazine winter cover, featuring a night view of an office building with lights surrounding the glass building.
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