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Texas Economic Forecast 2017-18

Nominal Gross State Product Detail
Fiscal Years 1991-2046

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Gross State Product by Industry in Billions of Dollars
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 (Current Dollars) $400.4 $421.8 $452.1 $481.6 $511.9 $549.9 $602.3 $640.6 $671.8 $728.5 $771.3 $784.1 $817.5 $891.5 $965.8 $1,067.1 $1,154.7 $1,242.3 $1,174.5 $1,221.7 $1,317.5 $1,414.5 $1,513.4 $1,597.6 $1,620.4 $1,594.8 $1,665.1 $1,793.4 $1,907.0 $2,012.9 $2,113.5 $2,213.3 $2,319.3 $2,434.2 $2,554.1 $2,678.7 $2,809.1 $2,950.4 $3,103.8 $3,264.1 $3,430.3 $3,599.6 $3,775.7 $3,962.4 $4,154.2 $4,356.7 $4,565.5 $4,782.7 $5,009.1 $5,250.8 $5,505.3 $5,777.8 $6,063.7 $6,366.9 $6,688.1 $7,024.4
Goods (Current Dollars) $119.0 $121.0 $126.9 $135.0 $143.7 $155.9 $170.5 $174.2 $172.8 $190.1 $207.6 $203.0 $216.3 $259.3 $292.3 $340.4 $377.9 $426.4 $351.0 $370.4 $425.8 $464.9 $521.0 $548.2 $499.3 $434.5 $459.4 $523.5 $569.2 $609.2 $643.5 $671.5 $698.6 $726.6 $760.9 $799.2 $838.4 $879.5 $924.5 $971.4 $1,021.0 $1,069.3 $1,119.1 $1,169.6 $1,221.2 $1,275.2 $1,331.0 $1,386.9 $1,444.0 $1,504.1 $1,569.9 $1,639.3 $1,712.7 $1,789.4 $1,870.3 $1,953.6
Agriculture $5.4 $5.6 $5.1 $5.6 $5.3 $6.3 $6.6 $6.0 $6.3 $6.4 $6.1 $6.8 $7.8 $9.4 $8.5 $7.7 $7.4 $7.4 $6.4 $9.5 $9.8 $9.5 $10.3 $11.0 $11.3 $11.6 $11.0 $10.3 $10.9 $11.3 $11.8 $12.3 $12.7 $13.2 $13.5 $13.8 $14.2 $14.5 $14.9 $15.2 $15.4 $15.8 $16.1 $16.4 $16.7 $17.0 $17.3 $17.6 $18.0 $18.3 $18.6 $19.0 $19.3 $19.6 $19.9 $20.3
Mining (Oil and Gas) $27.1 $26.3 $26.5 $27.6 $27.2 $31.2 $36.3 $29.7 $28.1 $39.7 $52.1 $47.6 $58.9 $71.5 $90.3 $115.8 $127.6 $183.3 $127.7 $129.6 $154.1 $176.3 $207.6 $234.3 $175.7 $111.0 $134.0 $174.5 $193.8 $209.7 $220.1 $224.2 $225.3 $226.1 $234.1 $245.6 $257.2 $268.8 $281.2 $294.6 $308.2 $319.5 $331.8 $341.4 $350.1 $359.0 $369.0 $376.5 $382.8 $388.5 $395.7 $404.2 $414.6 $423.9 $434.3 $444.7
Construction $15.9 $16.6 $17.7 $19.5 $21.5 $24.1 $25.3 $30.8 $35.3 $38.9 $42.1 $42.4 $43.6 $43.0 $46.6 $54.6 $62.8 $65.4 $63.1 $57.8 $58.6 $65.2 $71.0 $77.4 $85.6 $90.4 $92.1 $97.8 $105.8 $113.6 $121.3 $129.1 $137.5 $145.7 $153.1 $160.4 $167.9 $176.1 $185.2 $194.9 $205.8 $217.3 $229.0 $242.0 $255.6 $269.8 $284.1 $298.7 $313.6 $329.8 $347.6 $367.0 $386.7 $407.9 $430.5 $454.2
Manufacturing $70.7 $72.5 $77.5 $82.3 $89.8 $94.2 $102.2 $107.7 $103.1 $105.2 $107.2 $106.2 $105.9 $135.3 $146.8 $162.4 $180.0 $170.3 $153.8 $173.5 $203.3 $214.0 $232.1 $225.5 $226.7 $221.5 $222.3 $240.8 $258.7 $274.5 $290.3 $305.8 $323.1 $341.6 $360.2 $379.4 $399.1 $420.1 $443.2 $466.8 $491.5 $516.7 $542.2 $570.0 $598.8 $629.3 $660.7 $694.1 $729.6 $767.5 $807.9 $849.1 $892.2 $938.0 $985.5 $1,034.5
Services (Current Dollars) $281.4 $300.9 $325.2 $346.6 $368.2 $394.1 $431.8 $466.4 $499.0 $538.4 $563.7 $581.2 $601.2 $632.2 $673.5 $726.7 $776.9 $815.8 $823.5 $851.3 $891.7 $949.5 $992.4 $1,049.3 $1,121.1 $1,160.3 $1,205.8 $1,270.3 $1,336.7 $1,403.5 $1,470.3 $1,542.3 $1,621.7 $1,709.3 $1,795.0 $1,881.3 $1,972.6 $2,072.8 $2,181.1 $2,294.5 $2,411.2 $2,532.1 $2,658.4 $2,794.6 $2,934.9 $3,083.4 $3,236.3 $3,397.6 $3,567.0 $3,748.5 $3,937.3 $4,140.3 $4,352.9 $4,579.3 $4,819.7 $5,072.6
Trade, Transportation and UtilitiesSubtotal $80.4 $84.9 $91.7 $99.8 $106.2 $112.7 $122.1 $131.0 $140.1 $150.9 $158.2 $153.8 $155.9 $167.5 $179.9 $198.5 $209.4 $218.5 $216.8 $225.1 $238.7 $266.0 $277.9 $289.7 $307.8 $313.2 $322.2 $343.8 $364.7 $384.0 $402.2 $422.7 $446.5 $472.2 $497.1 $522.6 $549.9 $578.1 $608.4 $638.9 $670.0 $702.2 $735.8 $771.5 $808.2 $847.3 $886.9 $928.1 $971.6 $1,016.9 $1,064.1 $1,114.1 $1,166.3 $1,221.6 $1,279.5 $1,339.4
Wholesale $26.3 $27.5 $29.6 $32.4 $34.2 $37.4 $42.1 $45.6 $48.3 $53.9 $52.7 $51.2 $51.9 $58.4 $66.7 $72.9 $80.9 $86.9 $84.9 $89.5 $96.3 $108.5 $115.4 $120.9 $126.8 $127.2 $131.0 $139.9 $151.7 $163.8 $175.1 $187.3 $200.9 $215.8 $230.4 $244.9 $260.5 $276.1 $292.7 $309.6 $327.5 $346.2 $366.0 $387.3 $409.7 $433.8 $458.1 $483.2 $510.3 $538.2 $567.0 $597.7 $629.9 $664.2 $700.4 $738.6
Retail $27.8 $29.4 $32.3 $35.3 $37.8 $40.2 $42.9 $45.3 $47.8 $50.4 $52.3 $54.3 $55.2 $56.6 $59.3 $64.4 $66.8 $67.4 $68.0 $70.2 $72.3 $78.2 $82.6 $85.9 $92.2 $96.6 $98.8 $103.4 $108.1 $112.6 $116.7 $121.4 $127.0 $133.3 $139.5 $145.9 $152.9 $160.8 $169.4 $178.0 $186.7 $195.7 $205.3 $215.8 $226.3 $237.5 $249.0 $261.1 $273.6 $287.0 $301.4 $316.6 $332.5 $349.2 $366.5 $383.8
Transportation and Utilities $26.4 $28.0 $29.8 $32.2 $34.2 $35.1 $37.2 $40.1 $44.0 $46.5 $53.3 $48.3 $48.8 $52.5 $53.9 $61.2 $61.8 $64.3 $63.9 $65.4 $70.1 $79.3 $79.9 $82.9 $88.9 $89.4 $92.4 $100.5 $104.9 $107.6 $110.4 $114.1 $118.5 $123.1 $127.3 $131.8 $136.4 $141.2 $146.3 $151.2 $155.8 $160.3 $164.5 $168.4 $172.2 $176.0 $179.9 $183.8 $187.7 $191.7 $195.7 $199.8 $203.9 $208.3 $212.6 $217.1
Information $17.2 $18.3 $20.3 $21.9 $23.8 $26.0 $28.3 $30.9 $33.2 $34.4 $34.5 $36.9 $38.1 $41.8 $42.7 $43.5 $47.5 $49.9 $46.4 $45.6 $44.9 $44.4 $46.3 $49.4 $53.4 $55.3 $56.2 $58.1 $62.9 $67.7 $73.9 $79.8 $84.4 $89.6 $95.1 $100.7 $106.7 $113.4 $121.5 $131.0 $141.5 $152.9 $165.1 $178.0 $192.2 $207.9 $225.2 $244.6 $266.2 $290.6 $316.7 $345.4 $376.3 $410.1 $446.6 $485.5
Financial Activities $57.6 $62.6 $67.0 $70.6 $75.3 $80.5 $89.5 $98.2 $105.6 $113.9 $117.0 $121.0 $125.4 $126.9 $138.1 $147.4 $157.8 $160.2 $159.1 $166.2 $178.3 $189.8 $199.3 $216.7 $231.5 $243.1 $259.8 $275.2 $286.4 $299.0 $311.8 $323.6 $337.0 $352.3 $367.2 $382.2 $397.3 $414.5 $434.0 $454.8 $476.8 $498.7 $521.5 $546.8 $573.6 $602.1 $630.7 $660.1 $690.0 $720.4 $753.6 $788.3 $824.8 $863.4 $904.5 $947.9
Professional and Business Services $29.9 $32.3 $34.9 $36.9 $39.5 $44.6 $51.7 $58.4 $63.3 $69.6 $77.0 $79.3 $80.9 $86.3 $93.9 $104.3 $114.8 $126.5 $124.9 $125.9 $134.4 $143.3 $151.9 $163.7 $176.9 $179.9 $185.8 $198.8 $214.5 $230.2 $244.6 $260.0 $276.8 $295.5 $314.3 $333.8 $354.9 $378.5 $404.0 $431.1 $460.2 $489.8 $520.5 $554.2 $588.2 $624.2 $661.6 $701.7 $743.3 $788.8 $836.6 $888.2 $942.5 $1,000.1 $1,061.0 $1,125.5
Educational and Health Services $21.8 $23.5 $25.8 $27.6 $29.1 $31.1 $34.1 $36.7 $38.9 $41.4 $44.7 $49.3 $52.0 $55.2 $57.1 $61.0 $64.3 $68.6 $75.2 $79.5 $82.5 $85.2 $88.6 $91.6 $98.2 $104.3 $109.0 $112.2 $116.2 $120.7 $125.5 $131.8 $139.2 $147.5 $155.6 $163.6 $172.0 $181.8 $192.1 $202.1 $212.3 $223.1 $234.7 $247.0 $258.9 $270.9 $283.2 $296.3 $310.5 $325.7 $341.9 $358.6 $376.1 $394.9 $415.4 $437.5
Leisure and Hospitality $13.3 $14.0 $15.0 $15.5 $16.4 $17.4 $19.7 $21.2 $23.3 $26.0 $26.4 $27.5 $29.0 $30.5 $31.3 $34.2 $36.5 $37.4 $37.6 $38.0 $39.5 $42.0 $44.2 $48.3 $53.3 $56.8 $59.3 $62.3 $63.8 $65.3 $67.2 $69.3 $71.8 $74.5 $76.7 $78.7 $81.0 $83.8 $87.0 $90.0 $93.4 $96.8 $100.4 $104.1 $108.0 $112.0 $116.3 $120.8 $125.5 $130.4 $135.6 $140.8 $146.2 $151.7 $157.5 $163.2
Other Services $10.3 $11.0 $12.0 $13.0 $13.9 $14.6 $16.3 $17.4 $18.3 $20.0 $19.2 $19.9 $20.2 $20.6 $21.6 $23.0 $24.2 $24.5 $25.3 $25.4 $26.0 $27.5 $29.1 $30.9 $32.9 $33.7 $34.8 $36.4 $37.5 $37.9 $38.6 $39.9 $41.4 $43.1 $44.6 $46.0 $47.4 $49.0 $50.7 $52.4 $54.2 $56.0 $57.9 $59.8 $61.8 $63.9 $65.9 $68.0 $70.2 $72.6 $75.0 $77.6 $80.3 $83.1 $86.0 $89.0
Government $50.8 $54.2 $58.4 $61.3 $64.1 $67.0 $70.1 $72.5 $76.2 $82.4 $86.7 $93.5 $99.7 $103.5 $108.7 $114.7 $122.4 $130.2 $138.3 $145.6 $147.5 $151.3 $155.1 $159.0 $167.0 $174.1 $178.8 $183.5 $190.6 $198.9 $206.5 $215.2 $224.6 $234.7 $244.4 $253.8 $263.4 $273.6 $283.4 $294.3 $302.7 $312.5 $322.5 $333.1 $343.9 $355.1 $366.4 $378.1 $389.6 $403.1 $413.7 $427.3 $440.5 $454.4 $469.2 $484.6
Total Gross State Product (Chained 2009 Dollars) $599.8 $620.7 $652.1 $682.6 $710.1 $743.7 $801.6 $855.6 $891.9 $925.5 $949.7 $966.9 $969.5 $1,014.3 $1,040.3 $1,091.9 $1,156.3 $1,171.5 $1,169.5 $1,188.8 $1,225.3 $1,292.4 $1,363.0 $1,408.9 $1,482.7 $1,482.4 $1,504.4 $1,571.8 $1,638.3 $1,683.1 $1,722.5 $1,766.0 $1,812.6 $1,862.1 $1,908.8 $1,957.0 $2,008.3 $2,064.7 $2,124.2 $2,184.0 $2,245.9 $2,307.0 $2,367.7 $2,432.2 $2,496.5 $2,563.1 $2,631.7 $2,703.6 $2,777.7 $2,856.6 $2,936.8 $3,021.2 $3,107.5 $3,197.0 $3,290.3 $3,385.9

Source: Glenn Hegar, Texas Comptroller of Public Accounts, Fall 2017 Forecast.