Business and Industry Data Center
Population
The population of the Lone Star State reached 22,859,968 in 2005,
according to the latest estimates from the U.S. Census Bureau. The
2000 Census indicates that 82.5 percent of Texas' population lives
in metropolitan areas.
Read More
Employment
Texas employment gained 153,500 total nonagricultural jobs in 2005 for
an annual growth rate of 1.6 percent. December 2005 marked sixteen
straight months of over-the-month employment increases.
Read More
Labor and Management Diversity
The value of sales and receipts of minority-owned firms in Texas
reached $67.4 billion in 1997 (the latest year these data are
available).
Read More
Income
The Texas economy ended 2005 in good shape, posting its best
performance since 2000. According to Bureau of Economic Analysis (BEA)
data, Texas personal income rose in 2005.
Read More
Gross State Product
The Texas Gross State Product (GSP) is forecast by the Comptroller of
Public Accounts to reach $924.55 billion (in current dollars) in 2005.
Read More
Industry Trends
For the third quarter of 2004, venture capitalists invested primarily
in the Texas software, telecommunications, semiconductor,
industrial/energy, networking and equipment, and medical devices and
equipment industries.
Read More
Real Estate
In 2005 and looking forward to 2006, Texas real estate is in good
shape. Interest rates remain low, helping to drive residential housing
construction and purchases. The Texas housing market continues to show
strong growth according to Texas residential housing permits data.
Read More
International Trade & Investment
In 2005, for the fourth year in a row, Texas was ranked as the number
one state by export revenues. Texas exports for 2005 totaled $128.7
billion, which is $11.5 billion more than 2004 and represents an 9.82
percent increase.
Read More
Research and Development
Texas universities and research institutions are leaders in
electronics, medical, biotechnology, aerospace, advanced materials,
and energy research. For fiscal year 2003, Texas ranked third in the
nation for total number of patents.
Read More
Transportation
The state's two largest airports, Dallas-Fort Worth International
(DFW) and George Bush Intercontinental in Houston (IAH), serve as
major hubs for connecting flights within the domestic air system.
Read More