New Economics Report Forcasts Boom In Texas 2/20/14
February 20th, 2014
A new economics study by The Perryman Report says Texas will account for over nine percent of Texas Gross Domestic Product by 2018. Much of that growth will come from oil production. Right now, Texas accounts for 8.8% of GDP. According to the report, the surge will lead to nearly 13 percent of all jobs in the US being created in Texas over the next five years.