Certification Revenue Estimate 2010-11

Table 4

TEXAS ECONOMY
	2001	2002	2003	2004	2005	2006	2007	2008	2009*	2010*	2011*
Gross State Product (Billions, 2000 $)	741.0	757.4	766.8	796.6	824.3	857.6	896.9	926.8	909.9	927.3	958.6
Annual percent change	2.6	2.2	1.2	3.9	3.5	4.0	4.6	3.3	-1.8	1.9	3.4
Personal Income (Billions, Current $)	615.6	624.0	641.4	681.3	741.7	806.6	868.9	928.7	944.5	962.6	1,005.6
Annual percent change	5.9	1.4	2.8	6.2	8.9	8.8	7.7	6.9	1.7	1.9	4.5
Nonfarm Employment (Thousands)	9,531.5	9,426.7	9,375.4	9,450.6	9,667.8	9,984.5	10,312.8	10,585.5	10,479.8	10,353.1	10,571.5
Annual percent change	1.8	-1.1	-0.5	0.8	2.3	3.3	3.3	2.6	-1.0	-1.2	2.1
Resident Population (Thousands)	21,285.0	21,663.5	22,019.0	22,380.5	22,775.3	23,339.5	23,783.7	24,266.1	24,749.3	25,216.8	25,658.3
Annual percent change	1.8	1.8	1.6	1.6	1.8	2.5	1.9	2.0	2.0	1.9	1.8
Unemployment Rate (%)	4.7	6.1	6.7	6.3	5.5	5.1	4.5	4.7	6.8	8.2	7.7
Oil Price ($per Barrel)	$27.73	$21.91	$28.59	$32.48	$46.92	$61.21	$59.13	$98.50	$59.88	$64.04	$68.46
Natural Gas Price ($per McF)	$4.89	$2.53	$4.31	$4.83	$5.74	$7.37	$6.16	$7.37	$4.86	$3.79	$5.01

U.S. ECONOMY
	2001	2002	2003	2004	2005	2006	2007	2008	2009*	2010*	2011*
Gross Domestic Product (Billions, 2005 $)	11,335.8	11,498.3	11,729.7	12,171.9	12,553.8	12,898.3	13,171.4	13,374.5	12,992.3	13,176.8	13,515.6
Annual percent change	1.7	1.4	2.0	3.8	3.1	2.7	2.1	1.5	-2.9	1.4	2.6
Consumer Price Index (1982-84=100)	176.2	178.9	183.1	187.3	193.5	200.6	205.3	214.4	213.7	216.2	220.5
Annual percent change	3.2	1.5	2.4	2.3	3.3	3.7	2.3	4.4	-0.3	1.2	2.0
Prime Interest Rate (%)	8.0	4.9	4.2	4.1	5.7	7.6	8.2	6.0	3.5	3.3	4.2

*Estimated or Projected
SOURCES: Susan Combs, Texas Comptroller of Public Accounts; and IHS Global Insight, Inc.