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Texas Economic Snapshot

Texas continues to be a global economic force and remains one of the strongest and most diverse economies in the nation. Below is a snapshot of the state's economic status:

  • Texas is America's #1 jobs creator, leading the nation for jobs added in 2025.
  • The Texas economy expanded faster than the nation as a whole in the fourth quarter of 2025 at an annual rate of 1.4% based on Real GDP (U.S. Bureau of Economic Analysis).
  • Texas gained 82,400 jobs from April 2025 to April 2026 for an annual growth rate of .6%. (Texas Workforce Commission)
  • Texas totaled 14,394,300 nonfarm jobs in April. (Texas Workforce Commission)
  • The Texas labor force totaled 15,894,800 in April. (Texas Workforce Commission)
  • In May, there were 23 new project locations announced in areas across Texas by various news sources. The projects are expected to create more than $35.8 billion in capital investment and 6,085 new jobs. (EDT Research)
  • State sales tax revenue for May totaled $4.5 billion, an increase of 6.6% from the same month last year. (Texas Comptroller of Public Accounts)
  • In March 2026, Texas exports totaled more than $46 billion, up 15.5% from the same period last year. (USA Trade)
  • The Texas economy expanded to $2.9 trillion in 2025 based on current-dollar 2025 GDP, up from $2.77 trillion in 2024. (U.S. Bureau of Economic Analysis)