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Texas Economic Forecast 2016-17

Texas Economy Detail
Fiscal Years 1991—2046

Download Data (CSV)

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
Texas Exports (Millions of Dollars) 41,450.00 44,530.00 46,260.00 52,390.00 60,510.00 65,320.00 73,910.00 79,358.50 79,377.70 100,062.40 99,570.20 93,552.30 97,487.50 112,663.10 126,250.40 144,087.40 164,291.30 192,372.50 161,249.80 195,980.60 242,377.10 261,978.20 272,200.00 293,900.00 264,100.00 233,700.00 240,766.60 253,518.10 247,230.40 237,903.70 246,664.90 258,853.20 273,252.30 289,298.20 307,652.50 327,374.20 347,674.80 368,388.50 390,025.80 412,190.30 435,835.80 460,726.30 486,351.70 513,014.60 541,299.60 571,551.50 602,562.40 634,733.40 667,655.10 701,435.70 736,455.10 772,775.80 809,777.40 847,449.70 886,341.20 926,539.50
ENERGY AND MINING  
Oil Production (Millions of Barrels) 540.7 520.9 493.1 464.1 436.7 418.5 402.8 391.7 340.2 334.7 320.8 308.4 299.8 294.5 290.7 288.6 285.4 286.9 291.7 294.9 341.1 461.8 613.2 778.3 938.2 878.4 839.2 849.7 870.7 892.5 905.7 917.8 927 936.4 939 942.8 945.6 950.3 949.3 950.4 951.3 954.5 952.4 952.7 952.9 955.7 953.3 953.4 953.4 956.1 953.5 953.6 953.6 956.2 953.6 959.4
Natural Gas Production (Millions of Mcf) 5,337.60 5,005.70 4,814.50 4,927.70 4,972.20 5,026.10 5,085.80 5,135.00 5,086.40 5,123.20 5,235.00 5,156.50 5,137.00 5,106.20 5,130.90 5,381.40 5,808.60 6,503.90 6,847.50 6,733.90 6,887.90 7,274.00 7,539.30 7,796.70 7,922.50 7,464.60 6,803.03 7,057.05 6,993.66 6,969.48 6,931.56 6,916.64 6,908.19 6,916.45 6,900.95 6,899.68 6,899.54 6,912.47 6,899.51 6,899.51 6,899.50 6,912.45 6,899.50 6,899.50 6,899.50 6,912.44 6,899.50 6,899.50 6,899.50 6,912.44 6,899.50 6,899.50 6,899.50 6,912.44 6,899.50 6,899.50
Average Taxable Oil Price (Dollars/Barrel) $25.42 $20.91 $20.13 $16.86 $18.27 $19.60 $22.27 $17.13 $14.95 $26.70 $29.76 $23.74 $30.11 $34.56 $50.31 $65.63 $63.45 $101.93 $64.09 $76.32 $91.25 $94.28 $93.65 $101.05 $64.94 $41.40 $47.73 $55.11 $59.26 $61.63 $62.99 $64.31 $66.11 $68.62 $72.14 $76.97 $81.56 $84.93 $87.35 $89.07 $90.29 $91.14 $91.73 $92.15 $92.44 $92.64 $92.78 $92.88 $92.95 $92.99 $93.03 $93.05 $93.06 $93.08 $93.08 $93.09
Average Taxable Natural Gas Price (Dollars/Mcf) n/a n/a n/a n/a $1.66 $2.11 $2.43 $2.47 $2.05 $2.86 $5.41 $2.84 $4.80 $5.55 $6.57 $9.28 $7.06 $8.47 $5.91 $4.43 $4.20 $3.10 $3.48 $4.18 $3.34 $2.30 $3.15 $3.05 $2.92 $2.99 $3.09 $3.22 $3.50 $3.68 $3.91 $4.03 $4.07 $4.08 $4.09 $4.10 $4.10 $4.11 $4.12 $4.13 $4.14 $4.14 $4.15 $4.16 $4.17 $4.18 $4.19 $4.19 $4.20 $4.21 $4.22 $4.23
Rig Count 340 246 264 275 257 271 338 338 213 312 459 353 419 491 581 717 812 892 544 585 793 915 848 856 656 275 256 295 320 335 344 351 354 358 359 360 361 363 363 363 364 365 364 364 364 365 364 364 364 365 365 365 365 366 365 367
Construction  
Total Housing Starts (Thousands) 51.6 69.2 81.5 105.9 108.5 121 127.6 151.7 152.9 142.3 147.4 159 169.2 181.4 189.7 213.4 175.5 140.9 87 86.3 87.2 114.4 135.7 154.2 165 166.1 171.5 187.6 201.6 211.1 217.9 221 222.6 221.5 221 219.9 219.2 217.6 217.5 222.1 225.2 221.3 220.4 227.8 235.5 240.6 241.3 241.3 239.8 240.2 243.4 245.1 248.3 252.9 257 260.4
Single-Family (Thousands) 44.7 59.3 71.3 81.4 76.9 92.6 87.5 104 109.9 110.8 118.8 123.3 133.2 147 157.8 175.9 134.6 92.8 64.5 73 64.7 77.7 87.3 96.3 107.9 109.4 117.6 123.5 130.1 135.4 138.5 139.2 140.6 140.5 140.4 139.8 138.1 135 133.7 137.4 139.5 134.6 132.6 138.2 144 148.2 148.6 149 148 148.4 150.9 151 152.7 156.6 160.8 164.4
Multi-Family (Thousands) 6.9 9.9 10.2 24.5 31.5 28.4 40.1 47.7 43 31.5 28.6 35.6 36 34.4 31.9 37.5 40.9 48.1 22.5 13.4 22.5 36.7 48.4 57.9 57.2 56.6 53.9 64.1 71.4 75.8 79.4 81.8 82 81 80.6 80.1 81.1 82.6 83.7 84.7 85.7 86.7 87.8 89.6 91.4 92.4 92.8 92.3 91.8 91.7 92.4 94.1 95.6 96.3 96.1 96
RETAIL SALES (TAXABLE)  
Total Automobile Sales (Thousands) 3,549.30 3,686.50 3,614.80 4,119.50 4,157.30 4,862.10 4,473.70 4,756.60 5,136.10 5,624.10 5,488.00 5,722.30 5,210.60 4,989.20 5,141.10 5,134.40 5,462.10 5,088.80 3,514.90 3,548.50 3,974.50 4,832.70 5,693.20 6,055.90 6,297.80 6,273.70 6,659.80 6,788.20 6,697.00 6,369.70 6,320.00 6,395.30 6,781.10 6,962.90 6,967.40 6,946.80 6,846.10 6,897.30 6,950.50 6,952.80 6,988.60 7,015.00 7,040.10 7,088.10 7,118.30 7,149.60 7,170.50 7,187.40 7,205.60 7,225.70 7,232.70 7,249.80 7,310.50 7,355.10 7,411.20 7,473.00
Cars (Thousands) 2,081.20 2,048.10 1,925.10 2,173.90 2,155.70 2,492.00 2,180.70 2,184.00 2,284.10 2,418.30 2,247.10 2,253.50 2,019.70 1,868.50 2,015.70 2,156.50 2,202.60 2,269.60 1,574.20 1,500.20 1,661.90 2,068.80 2,500.90 2,577.30 2,551.20 2,370.60 2,460.90 2,351.20 2,226.90 2,088.90 2,071.10 2,083.10 2,215.80 2,284.60 2,310.60 2,337.10 2,324.90 2,372.40 2,398.10 2,404.40 2,439.70 2,455.80 2,476.10 2,507.90 2,511.80 2,527.00 2,551.10 2,576.50 2,601.50 2,624.80 2,641.20 2,658.70 2,676.90 2,685.60 2,696.10 2,706.00
Trucks (Thousands) 1,468.10 1,638.40 1,689.60 1,945.70 2,001.60 2,370.10 2,293.10 2,572.60 2,852.00 3,205.80 3,240.90 3,468.80 3,190.90 3,120.70 3,125.40 2,977.90 3,259.50 2,819.10 1,940.70 2,048.30 2,312.60 2,763.90 3,192.20 3,478.60 3,746.50 3,903.00 4,198.90 4,437.00 4,470.10 4,280.80 4,248.90 4,312.20 4,565.40 4,678.30 4,656.80 4,609.70 4,521.10 4,524.90 4,552.40 4,548.40 4,548.90 4,559.10 4,564.00 4,580.20 4,606.50 4,622.70 4,619.40 4,610.90 4,604.10 4,600.90 4,591.50 4,591.10 4,633.50 4,669.50 4,715.10 4,767.00
Retail Sales, Excluding Automobiles (Taxable, Millions of Dollars) N/A N/A N/A N/A N/A N/A N/A 125,937 133,521 140,905 144,592 146,931 150,841 159,787 173,155 188,182 197,426 203,717 196,761 200,107 211,486 222,088 230,489 242,676 254,155 262,941 274,715 289,065 305,338 321,390 337,566 355,240 373,339 392,116 411,848 432,049 452,818 473,629 493,941 514,259 536,509 559,556 583,481 609,717 637,627 666,652 696,652 728,342 761,435 795,882 832,686 871,116 911,445 954,494 1,000,189 1,048,178

Source: Glenn Hegar, Texas Comptroller of Public Accounts, Fall 2016-17 Forecast