Texas GDP on the World Stage, Climbing Global Economic Ranks
27 Jun 2024
News
If Texas were a country, it would be the eighth-largest economy in the world, ahead of Canada and even Russia. In 2022, Texas’ gross domestic product (GDP) — the total market value of all finished goods and services — totaled $2.4 trillion. Texas keeps climbing the world economic ranks; only a decade ago, it was the 12th-largest economy.
More Topics
Ramping Up an FDI Attraction Strategy Attracting international investment can seem daunting, especially for economic development organizations (EDOs) new to the endeavor or with limited staffing resources. However, successfully attracting foreign direct investment (FDI) to your locale typically provides generous returns. While FDI attraction presents a unique set of challenges, at...
The Comptroller’s data analysts recently updated our regional reports, showing a continued trend of strong economic and population growth. Some of these data surprised us, while other results confirmed what we’ve been hearing. Here are the top 10 stats that stood out to our researchers:1. The saying, “I wasn’t born...
In 2023, the Midland Development Corporation Board of Directors approved an agreement that would expand Midland College’s Transportation Training Program. The funds from the MDC were matched by a High Demand Jobs Training Grant through a partnership with the Workforce Solutions of the Permian Basin. The expansion of the program...