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FinanceJun 12

Texas Economy Reaches $2.9 Trillion Despite Population Growth

Texas achieved $2.9 trillion in economic output in 2025 while adding 419,000 residents, maintaining per-capita output at $91,500.

Synthesized from 4 sources

Texas recorded $2.9 trillion in total economic output in 2025, according to new economic data, as the state continued to experience significant population growth.

The state added approximately 419,000 new residents during the period while maintaining per-capita economic output at $91,500 per person. This represents continued economic expansion despite the substantial population increase.

The economic performance comes as Texas has emerged as a major destination for both domestic and international migration in recent years. The state's economy has benefited from growth in multiple sectors including energy, technology, and manufacturing.

The per-capita output figure suggests the state's economic growth has kept pace with its population expansion, avoiding the dilution effects that can occur when rapid population growth outpaces economic development.

Texas ranks as the second-largest state economy in the United States by total output, trailing only California. The state's continued economic performance has made it an increasingly important contributor to overall U.S. economic growth.

Sources (4)

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