AUSTIN – Gov. Greg Abbott last week announced Texas’ continuing economic momentum, as new data released by the Bureau of Economic Analysis shows the Texas economy expanded faster than the nation as a whole for the fourth quarter in a row.
Second quarter 2023 real GDP -- the value of all goods and services produced -- grew in Texas at an annual rate of 4.9%, well ahead of the U.S. which grew at 2.1%.
“Opportunity knows no bounds in Texas thanks to the hardworking men and women of this great state,” Abbott said on Dec. 7.
PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news.
Not yet a subscriber? Subscribe today!
