The Texas Comptroller’s office divides the 261,000 square miles of Texas into 12 economic regions. Each region has at least one Census Bureau-defined metropolitan statistical area (MSA), which is an area with relatively high population density and close economic integration.
$2.4 Trillion
Texas
gross domestic product,
2022
Glenn Hegar
Texas Comptroller of Public Accounts
Texas’ population rose by over 15 percent between 2012 and 2022, compared to a 6.2 percent increase nationwide. Population growth was strongest in the Capital region (30.9%), followed by the Metroplex (19.3%), Gulf Coast (18.4%), and Alamo (16.8%) regions. Despite overall growth, 137 of the 254 counties in the state lost population during this time.
TEXAS
15.1%
U.S.
6.2%
The number of jobs in Texas increased 23.5% and in the U.S. 13.9%.
Texas added more than 2.5 million jobs between 2012 and 2022, an increase of 23.5 percent, almost 10 percent higher than the national growth rate. Energy-related industries are highly concentrated in Texas, as measured by location quotient (LQ). An LQ of 1.25 or higher indicates that the industry enjoys a competitive advantage in the region compared to other areas. Jobs in warehousing and storage saw exceptional growth in recent years, as did services related to computer systems design and management services.
Health care, education-related industries, and restaurants and other eating establishments employ the largest numbers of Texans. While the most concentrated industries by location quotient (LQ) are indicative of the state’s history as an energy producer.
Industry | Employment | Average Annual Wages | Location Quotient |
---|---|---|---|
Oil and Gas Extraction | 60,131 | $224,385 | 5.96 |
Pipeline Transportation of Crude Oil | 5,578 | $132,853 | 5.73 |
Support Activities for Mining | 125,858 | $112,149 | 5.37 |
Pipeline Transportation of Natural Gas | 12,326 | $197,293 | 4.26 |
Hunting and Trapping | 539 | $46,967 | 2.85 |
Industry | Employment Change, 2012 to 2022 | Percent Employment Change, 2012 to 2022 | Average Annual Wages |
---|---|---|---|
Computer Systems Design and Related Services | 40,186 | 223.8% | $159,004 |
Restaurants and Other Eating Places | 27,357 | 39.1% | $28,118 |
Management, Scientific, and Technical Consulting Services | 19,338 | 171.2% | $101,100 |
Management of Companies and Enterprises | 16,811 | 345.9% | $154,412 |
Employment Services | 13,942 | 77.9% | $63,051 |
THE Texas REGION IS ONE OF THE COMPTROLLER’S 12 ECONOMIC REGIONS.
Sources: JobsEQ; U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages; U.S. Census Bureau; U.S. Bureau of Economic Analysis; Texas Comptroller of Public Accounts