Tracking the Texas Economy
Sign-up to receive e-mail updates when this page changesUpdated July 31, 2009
Key Texas Economic Indicators
Between June 2008 and June 2009, the U.S. economy shed about 5.7 million jobs, a 4.1 percent decline.
Texas lost 266,300 jobs between June 2008 and June 2009, a 2.5 percent decrease in nonfarm employment. In June 2009, 10.4 million Texans were employed, 40,600 fewer than during May.
Over the last year, Texas added jobs in educational and health services, leisure and hospitality, and government.
A printable version of Tracking the Texas Economy for July 13, 2009 (PDF, 365KB) is available in .pdf format.
Source: U.S. Bureau of Labor Statistics
View Consumer Price Index in Table Format
View Historical Consumer Price Index for Texas
Source: The Conference Board
View Consumer Confidence Index in Table Format
View Historical Consumer Confidence Index
Sources: Texas Workforce Commission, U.S. Bureau of Labor Statistics
View Unemployment Rate in Table Format
View Historical Unemployment Rates
Source: Texas Workforce Commission
View Nonfarm Employment in Table Format
View Historical Nonfarm Employment by Sector
See note on percent change data
Source: The Real Estate Center at Texas A&M University
View Housing Permits in Table Format
See note on percent change data
Source: The Real Estate Center at Texas A&M University
View Existing Home Sales in Table Format
Source: Federal Reserve Bank of Dallas
View Industrial Production Index in Table Format
View Historical Industrial Production by Sector
Source: Texas Comptroller of Public Accounts, The Conference Board
View Leading Economic Indicators Index in Table Format
View Historical Leading Economic Indicators for Texas
Web Exclusive Indicators
Source: U.S. Energy Information Administration
View Gasoline and Diesel Retail Prices in Table Format
Source: U.S. Bureau of Labor Statistics,
View U.S. Consumer Price Index for All Urban Consumers in Table Format
‡ Double axis graphs: Graphs with two vertical axes show values for Texas on the left and values for the U.S. on the right. This method shows trends more clearly over the last year when data values are substantially different at state and national levels.
Note: Percent changes on Tracking the Texas Economy graphs and tables are calculated using raw monthly figures. Some of the annual percent changes in the Comptroller’s Economic Outlook are based on annualized figures that show longer-term trends, and therefore may differ.
Texas Production and Consumption Indicators
| Date | Value of Crude Oil Produced (Millions) |
Value of Natural Gas Produced (Millions) |
Active Oil & Gas Drilling Rigs |
Gasoline (Millions of Taxed Gallons) |
Diesel (Millions of Taxed Gallons) |
Median Sales Price Existing Single Family Homes | Auto Sales Net Value (Millions) |
Cigarette Packages Taxed (Millions) |
|---|---|---|---|---|---|---|---|---|
| 2006 | $19,657.47 | $19,852.05 | 746 | 11,372.8 | 3,731.6 | $143,100 | $45,756.2 | 1,280.2 |
| 2007 | $21,850.32 | $22,968.42 | 834 | 11,624.8 | 3,886.9 | $147,500 | $48,500.6 | 1,085.8 |
| 2008 | $30,409.17 | $34,415.89 | 892 | 11,709.7 | 3,854.0 | $145,800 | $44,442.4 | 1,060.6 |
| 04/08 | $2,818.76 | $2,807.90 | 887 | 1,010.4 | 281.1 | $146,800 | $3,957.8 | 90.5 |
| 05/08 | $3,573.45 | $3,442.60 | 906 | 975.8 | 343.1 | $150,600 | $3,791.7 | 98.3 |
| 06/08 | $3,394.19 | $3,661.80 | 923 | 1,018.3 | 331.5 | $154,700 | $4,051.0 | 89.6 |
| 07/08 | $3,518.20 | $3,972.39 | 920 | 954.0 | 321.3 | $152,900 | $4,148.3 | 93.3 |
| 08/08 | $3,044.28 | $2,855.10 | 934 | 982.3 | 342.5 | $151,500 | $3,829.4 | 80.9 |
| 09/08 | $2,599.06 | $2,154.33 | 946 | 1,054.7 | 248.6 | $144,800 | $3,727.2 | 88.9 |
| 10/08 | $2,056.63 | $2,039.29 | 925 | 852.3 | 377.9 | $142,300 | $3,317.6 | 98.6 |
| 11/08 | $1,500.91 | $1,620.18 | 899 | 1,018.0 | 343.5 | $137,200 | $2,862.9 | 85.3 |
| 12/08 | $1,018.10 | $1,764.17 | 826 | 963.2 | 283.5 | $140,600 | $2,941.7 | 99.3 |
| 01/09 | $995.46 | $1,765.21 | 701 | 1,023.2 | 294.7 | $131,800 | $3,022.6 | 73.0 |
| 02/09 | $826.10 | $1,121.13 | 574 | 965.3 | 291.5 | $138,100 | $2,923.8 | 77.0 |
| 03/09 | $1,141.73 | $1,099.58 | 445 | 916.6 | 281.8 | $139,600 | $2,892.3 | 86.4 |
| 04/09 | $1,158.04 | $972.39 | 393 | 1,019.0 | 305.7 | $142,700 | $2,501.8 | 77.5 |
| 05/09 | $1,282.65 | 347 | 989.9 | 289.8 | $149,000 | $2,591.1 | 77.8 | |
| 06/09 | 329 | 1,026.3 | 291.9 | $155,000 | 82.7 |
Notes:
Crude oil and natural gas figures are net taxable values. Gasoline gallons include gasohol. Auto sale values are calculated from motor vehicle taxes collected on new and used vehicle sales. All figures are not seasonally adjusted, except for industrial production, leading indicators and employment/unemployment. Figures are based on the most recent available data. Annual figures are for calendar years.
Sources:
- Crude Oil, Natural Gas, Motor Fuel, Auto Sales, Cigarettes: Texas Comptroller of Public Accounts
- Active Oil & Gas Drilling Rigs: Baker-Hughes Incorporated
- Median Sale Price, Existing Single-family Home: The Real Estate Center at Texas A&M University
For historical data, see Texas Production and Consumption 1989-2008
The dynamic Texas economy is ever-changing as it responds to new challenges and opportunities. View the Comptroller’s Economic Outlook, additional indicators and more detailed statistics on the Texas economy in addition to timely updates in the Texas Ahead web site: Economy in Focus section.
Snapshots of the state’s key economic indicators are published in every issue of the Comptroller’s Fiscal Notes newsletter, which also offers an in-depth look at topics and issues affecting the Texas economy.