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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.
  • Under Governor Abbott's leadership, Texas has gained more than 2.6 million new jobs.
  • Texas led all states for jobs added over the last 12 months with a gain of 159,400 jobs, for an annual growth rate of 1.1% that outpaced the national rate by 0.7 percentage points. (Texas Workforce Commission, August)
  • Nonfarm jobs in Texas totaled 14,469,300 after a gain of 5,600 jobs in August. (Texas Workforce Commission)
  • Texans working, including self-employed Texans, totaled 15,225,100. (Texas Workforce Commission, August)
  • The Texas labor force totaled 15,932,600 with a gain of 10,900 people over the last 12-month period. (Texas Workforce Commission, August)
  • In August, there were 22 new project locations announced in areas across Texas by various news sources. The projects are expected to create $18.6 billion in capital investment and 6,641 new jobs. (EDT Research)
  • State sales tax revenue for August totaled $4.6 billion, an increase of 7.1% from the same month last year. (Texas Comptroller of Public Accounts)
  • In June 2026, Texas exports totaled nearly $48 billion, up 3.8% 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)