Skip Navigation
Economy-Overview-Page_02

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,...
Read Article
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...
Read Article
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...
Read Article

Economic Data

Texas Total Nonfarm Employment
Seasonally Adjusted

March 2024
14.1M
0.14% MOM

Texas Unemployment Rate
Seasonally Adjusted

March 2024
3.9%
0 BPS

Consumer Price Index Growth

March 2024
3.5%
30 BPS MOM

Spot Crude Oil Price

March 2024
$81.28
10.92% YOY

Economic Reports

Outlook for the Texas Economy

Outlook for the Texas Economy

The Texas economy has remained resilient despite high interest rates. Most of May’s employment growth was in professional and business services as per usual. The unemployment rate has remained unchanged since the beginning of 2024.

Outlook for the Texas Economy
Texas Housing Insight

Texas Housing Insight

Seasonally adjusted housing sales bounced back in April following March’s decline. New listings grew for the fourth month in a row resulting in the total active listings count growing to its highest level since July 2012.

Texas Housing Insight
Texas Border Economy

Texas Border Economy

Employment and earnings growth are both showing signs of flattening, which isn’t helping local housing sales. Sales are still down from this quarter last year, but home prices remain elevated.

Texas Border Economy
TG Magazine
PUBLISHED SINCE 1977

TG Magazine

Check out the latest issue of our flagship publication.

SUBSCRIBE TO OUR

Publications

Receive our economic and housing reports and newsletters for free.