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Fall 2019 Economic Forecast

Real Gross State Product Detail
Fiscal Years 1991-2046
Billions of Chained* 2012 Dollars

Download Data (XLSX)

Gross State Product by Industry
Year 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046
Total Gross State Product (2012 Dollars) 641.9 664.5 698.8 730.9 764.2 799.0 857.0 915.9 955.8 992.8 1,016.9 1,038.5 1,041.2 1,091.5 1,125.3 1,186.2 1,261.3 1,276.0 1,274.4 1,292.7 1,329.7 1,394.6 1,459.9 1,497.3 1,577.5 1,593.1 1,614.3 1,659.5 1,732.4 1,777.9 1,822.4 1,865.2 1,909.6 1,960.5 2,015.2 2,071.1 2,128.0 2,191.2 2,257.2 2,323.1 2,387.4 2,450.9 2,511.3 2,573.1 2,635.5 2,698.5 2,764.1 2,833.2 2,905.8 2,982.6 3,060.3 3,140.3 3,222.3 3,308.3 3,397.9 3,491.6
Goods 211.8 219.0 229.3 247.3 262.1 264.6 281.4 296.2 301.4 288.8 307.0 327.9 315.5 346.1 349.3 373.5 415.6 399.6 403.8 398.1 403.4 427.4 472.2 474.5 509.8 500.2 488.5 501.9 538.4 553.8 565.0 577.8 590.8 602.3 615.2 628.9 643.2 658.4 674.4 692.9 713.1 730.6 746.4 761.2 775.5 788.7 803.9 820.2 837.9 856.1 875.5 894.9 915.7 936.9 959.4 981.8
Agriculture 7.4 7.5 7.0 7.2 7.3 7.3 8.5 8.4 9.4 10.7 9.8 11.7 13.1 12.3 12.9 12.3 9.8 8.4 8.5 11.4 9.3 8.7 9.3 10.8 14.1 13.4 12.4 11.9 12.5 13.2 13.6 14.0 14.3 14.6 14.9 15.2 15.4 15.7 15.9 16.1 16.2 16.3 16.4 16.5 16.6 16.7 16.8 17.0 17.1 17.2 17.3 17.5 17.5 17.6 17.7 17.8
Mining (Oil and Gas) 85.3 89.0 92.7 103.2 109.2 103.4 109.8 112.1 113.0 87.7 101.5 119.1 105.0 101.0 99.4 106.7 126.6 117.3 149.5 125.0 123.0 151.2 170.4 183.7 217.8 209.0 196.6 202.3 227.5 231.9 233.6 237.2 239.5 239.4 240.5 242.4 245.2 248.7 251.6 257.4 264.2 268.1 271.0 272.0 272.2 271.2 272.1 273.4 275.2 276.4 277.8 279.6 282.8 285.3 289.0 292.2
Construction 41.0 42.8 44.2 46.2 48.6 52.5 52.7 56.0 60.3 64.6 65.7 64.1 63.3 59.7 58.6 61.9 66.0 67.6 62.8 58.5 58.0 62.0 65.9 67.0 70.0 70.8 70.0 71.5 73.5 75.0 75.5 76.4 77.8 79.6 81.5 83.5 85.7 88.1 90.7 93.2 95.3 97.4 99.2 101.0 102.8 104.4 105.9 107.5 109.1 111.1 113.4 116.0 118.5 121.1 123.8 126.6
Manufacturing 78.1 79.8 85.4 90.7 97.0 101.4 110.3 119.6 118.6 125.8 130.0 133.1 134.1 173.1 178.3 192.6 213.2 206.2 183.0 203.2 213.1 205.4 226.6 213.0 207.9 207.0 209.5 216.2 224.9 233.8 242.2 250.2 259.1 268.8 278.3 287.8 296.9 306.0 316.2 326.3 337.3 348.8 359.9 371.7 384.0 396.4 409.0 422.4 436.5 451.3 466.9 481.8 497.0 512.9 528.8 545.2
Services 460.6 477.4 501.1 518.6 537.9 565.3 605.8 646.1 679.0 714.9 724.2 730.9 740.9 758.8 787.7 824.9 854.6 887.1 871.3 897.0 928.8 967.3 988.1 1,021.3 1,068.3 1,088.1 1,112.6 1,146.1 1,189.0 1,218.9 1,252.5 1,283.2 1,315.2 1,354.7 1,396.9 1,439.7 1,483.2 1,532.0 1,582.6 1,630.8 1,677.1 1,725.5 1,772.5 1,821.7 1,872.2 1,924.9 1,978.9 2,035.8 2,095.6 2,159.4 2,223.3 2,289.8 2,357.4 2,429.2 2,504.1 2,583.7
Trade, Transportation, and Utilities 106.3 112.9 119.6 127.0 133.1 143.6 157.3 174.1 188.1 198.8 201.4 196.1 198.8 208.9 218.4 231.0 234.6 242.9 226.7 236.8 248.2 264.2 269.1 275.4 288.2 290.0 294.0 308.0 325.1 336.3 346.8 357.9 370.7 385.4 400.7 416.5 433.1 450.2 467.7 484.4 500.1 515.7 531.0 547.5 564.5 582.4 600.5 619.3 639.4 660.0 680.7 702.1 723.9 747.2 770.9 795.2
Wholesale 31.2 33.8 36.1 37.9 38.3 43.1 50.8 59.2 63.8 69.8 69.8 68.9 70.4 76.9 84.5 89.2 94.8 101.2 92.8 97.5 103.5 114.8 119.0 122.7 129.4 127.2 127.2 133.9 146.9 155.7 163.9 172.0 180.9 191.0 201.4 211.9 222.8 233.8 245.0 255.9 266.7 277.4 288.3 300.0 312.4 325.6 338.9 352.6 367.5 382.5 397.5 413.0 429.0 446.1 463.6 481.9
Retail 31.9 33.7 36.3 39.0 41.7 45.2 48.8 54.3 58.1 59.9 62.3 65.8 67.3 67.9 69.5 72.7 71.6 70.8 69.4 71.2 71.8 74.3 77.9 80.8 85.1 87.9 90.0 94.7 97.1 99.0 101.0 103.1 105.8 109.1 112.6 116.1 120.0 124.3 128.8 133.0 137.0 141.2 145.3 149.9 154.5 159.1 163.9 168.9 174.2 179.7 185.5 191.5 197.6 204.0 210.5 216.7
Transportation and Utilties 43.2 45.2 46.9 49.8 52.9 54.8 56.7 59.3 65.0 67.9 68.2 60.3 60.0 63.3 63.9 68.7 68.1 71.0 64.8 68.3 72.9 75.1 72.3 71.9 73.8 74.9 76.6 79.4 81.3 81.9 82.4 83.4 84.8 86.3 88.0 90.0 92.0 94.1 96.2 98.0 99.3 100.4 101.1 101.7 102.3 102.9 103.5 104.2 104.9 105.7 106.3 106.9 107.4 108.1 108.6 109.3
Information 16.0 16.7 18.3 19.4 20.9 22.4 23.5 26.0 28.4 29.8 30.1 32.1 32.9 35.8 38.2 40.0 47.7 52.7 48.9 50.1 50.5 49.8 52.4 53.2 58.3 62.7 66.7 70.2 75.6 78.8 84.4 88.4 92.1 97.4 102.4 107.8 113.3 118.8 124.2 128.5 135.7 145.2 155.2 164.6 174.4 185.7 197.6 210.7 225.0 240.8 257.6 275.2 293.3 312.6 333.9 357.4
Financial Activities 90.8 95.2 99.1 102.0 105.7 109.0 116.8 125.8 134.2 141.4 141.9 142.4 143.2 141.7 151.3 157.5 164.1 165.6 165.0 171.7 180.9 191.3 195.1 205.9 212.4 218.5 224.6 225.3 230.9 234.7 238.9 242.4 246.0 251.0 256.4 261.6 266.4 272.9 280.1 287.2 294.0 300.1 306.0 312.8 320.2 327.9 335.6 343.3 350.8 358.3 366.5 374.6 382.8 391.4 400.3 409.5
Professional and Business Services 54.1 55.8 58.3 59.7 62.1 68.1 75.9 82.4 85.6 90.1 96.2 97.3 97.5 101.6 108.0 116.1 123.3 133.8 130.7 132.0 140.3 149.2 153.5 163.3 172.7 174.0 179.2 191.0 201.5 209.9 219.6 226.7 232.7 240.1 249.4 259.6 270.2 282.2 295.0 307.8 319.7 331.5 342.7 354.1 365.5 376.7 388.3 400.5 412.6 425.6 438.8 452.4 466.1 480.4 494.9 510.4
Educational and Health Services 46.2 46.7 48.8 49.8 51.2 53.2 56.7 57.4 58.4 61.1 63.0 67.0 68.5 70.8 70.7 73.7 74.7 78.5 84.8 88.0 90.5 91.8 94.1 96.2 102.0 105.6 108.2 110.5 112.6 114.2 115.8 118.2 120.9 124.2 127.7 130.6 133.5 137.1 140.4 143.1 145.7 148.3 150.7 153.3 155.6 157.6 159.7 162.0 164.8 168.0 171.3 174.3 177.4 180.9 184.5 188.6
Leisure and Hospitality 24.8 25.5 26.7 27.1 28.4 29.4 31.7 33.6 35.6 38.6 37.7 37.8 38.8 39.9 39.4 42.0 42.4 42.0 40.4 40.7 42.2 43.0 44.0 47.0 50.7 50.7 51.0 51.5 52.5 53.0 53.4 53.8 54.4 55.1 55.6 56.0 56.6 57.6 58.6 59.5 60.3 61.1 61.8 62.4 63.0 63.6 64.3 65.1 65.9 66.8 67.7 68.5 69.2 70.0 70.8 71.5
Other Services 19.7 20.7 21.9 23.0 24.2 25.1 27.3 29.4 30.2 31.3 28.3 28.0 27.6 27.3 27.7 28.5 28.7 28.0 27.3 26.6 26.7 27.2 27.9 29.0 29.9 29.2 29.0 29.7 29.9 29.4 29.1 29.1 29.2 29.5 29.7 29.9 30.1 30.3 30.6 30.8 30.8 30.9 30.8 30.9 30.9 30.9 30.9 30.9 31.0 31.1 31.1 31.2 31.3 31.4 31.5 31.6
Government 102.6 104.0 108.3 110.4 112.4 114.6 116.6 117.4 118.6 123.8 125.6 130.3 133.5 132.7 134.0 136.1 139.1 143.6 147.4 151.2 149.5 150.8 151.9 151.4 154.0 157.4 159.9 159.9 160.8 162.5 164.4 166.6 169.1 172.0 174.9 177.6 180.1 182.9 186.0 189.6 190.6 192.7 194.3 196.1 198.1 200.1 202.0 204.1 206.1 208.8 209.7 211.7 213.4 215.3 217.3 219.6
Total Gross State Product (Current Dollars) 398.6 420.1 450.0 479.1 509.2 546.4 598.0 637.9 669.4 726.5 768.0 781.9 814.3 887.7 963.0 1,063.4 1,152.9 1,238.3 1,171.0 1,216.4 1,306.7 1,390.4 1,482.2 1,553.3 1,571.7 1,556.8 1,628.8 1,745.0 1,839.7 1,932.8 2,037.5 2,140.0 2,243.4 2,353.1 2,475.2 2,604.4 2,735.1 2,878.8 3,033.4 3,196.4 3,363.5 3,534.2 3,707.9 3,887.2 4,072.0 4,265.1 4,465.7 4,676.8 4,898.2 5,133.6 5,381.1 5,642.8 5,917.5 6,209.9 6,519.8 6,848.1

* Because of methods used by the U.S. Bureau of Economic Analysis, data for historical years do not necessarily sum to category totals, which are derived independently.

Source: Fall 2019 Forecast. Glenn Hegar, Texas Comptroller of Public Accounts.