Four Reasons Texas is an Economic Powerhouse
The State of Texas is an economic powerhouse, and here are four reasons why!
Economic growth
Texas accounts for about 9% of the US GDP. Texas has the 12th largest economy in the world.
Global Gateway
17% of USA exports are from Texas. 67% of truck and 87% of rail crossings occur in Texas. $240B passes through Laredo each year.
Energy Sector
Petroleum products accounted for $51B of $265B in Texas exports.
Population Growth
12% of the US population lives in Texas, a 20% increase from the decade before.