U.S. Bureau of Economic Analysis said the Texas economy expanded to $2.9 trillion last year based on the state’s 2025 current-dollar gross domestic product. The Texas economy grew faster than the nation in 2025 at a rate of 2.5 percent when adjusted for inflation.
Governor Greg Abbott said April 17, “With the best business climate in America and unmatched pro-growth policies, Texas is the premier destination for job creators from across the country and world. We keep attracting world-class investment, creating jobs and expanding opportunity for Texans for generations to come.”
The state’s economy has grown from $1.59 trillion in January 2015 to $2.9 trillion at yearend 2025.
Also, Texas was ranked as the Best State for Business for the 22nd straight year in a survey by Chief Executive magazine. Publisher Christopher Chalk said April 20, “This is an incredible run that Texas has going. CEOs are a tough group to please, and yet year after year Texas continues to earn the top spot. No small feat.”
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