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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

Go West
Demographics & Population, Market Profile, Single-family
6 minute read
Sep 07 2023

Go West

The oil and gas sector has seen its ups and downs since the Great Recession. Several unforeseen events, such as an explosion in new fracking technology, Russia's war with Ukraine,...
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Take Me to Texas
Demographics & Population, Texas Economy
3 minute read
Mar 03 2022

Take Me to Texas

Texas has been an attractive relocation destination for the past decade thanks to its pro-business environment, relatively affordable housing, and friendly charm. While population growth has been strong all ten...
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Go With the Flow
Demographics & Population, Economy, Infrastructure & Transportation, Market Profile, Texas Economy
4 minute read
Jul 05 2022

Go With the Flow

Driven by population growth, small “bedroom communities" in a major metropolitan area occasionally become larger cities with economies that spread beyond their city limits and even across county borders. Sometimes...
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Economic Data

Texas Total Nonfarm Employment
Seasonally Adjusted Annualized Rate

January 2024
14.1M
0.13% MOM

Texas Unemployment Rate
Seasonally Adjusted Annualized Rate

January 2024
3.9%
0 BPS

Consumer Price Index Growth

February 2024
3.2% YOY
10 BPS

Spot Crude Oil Price

February 2024
$77.25
0.55% YOY

Economic Reports

Texas Border Economy

Texas Border Economy

Economic indicators along the border were mixed in fourth quarter 2023. Border employment grew and the unemployment rate fell; however, average hourly wages also fell due to declines in both El Paso and Brownsville.

Texas Border Economy
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