transparency

Texas Economic Forecast 2008-09

Texas Economy Detail
Fiscal Years 1971—2038

Download Data (CSV)

Year 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 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
Texas Exports (Billions of Dollars) 3.51 3.79 5.10 7.09 8.02 8.78 9.31 10.71 13.08 16.16 18.11 17.23 16.58 17.99 18.14 18.89 20.83 29.42 33.68 36.48 41.45 44.53 46.26 52.39 60.51 65.32 73.91 79.35 79.39 100.10 99.44 93.47 97.41 112.53 125.99 144.05 164.08 189.92 192.30 190.51 207.04 228.85 250.85 271.83 292.34 314.40 338.12 362.87 384.18 409.75 437.51 466.74 498.00 531.28 567.09 605.83 647.51 692.32 740.22 791.36 846.37 904.74 966.26 1,031.87 1,101.42 1,174.49 1,251.95 1,333.83
AGRICULTURE  
Cash Receipts: Crops (Millions of Dollars) 1,167 1,323 2,579 2,707 2,787 3,062 3,151 2,927 3,813 3,871 4,138 4,038 3,695 3,734 3,880 3,191 2,990 3,573 4,003 4,079 4,156 4,081 4,300 5,014 4,268 5,350 5,025 4,826 4,890 4,224 5,058 4,614 7,437 7,147 7,568 6,648 8,850 10,040 7,706 7,135 7,499 7,957 8,477 8,958 9,435 9,917 10,423 10,956 11,489 11,991 12,469 12,930 13,404 13,887 14,383 14,893 15,417 15,954 16,503 17,059 17,633 18,225 18,832 19,456 20,097 20,751 21,413 22,097
Cash Receipts: Livestock (Millions of Dollars) 2,199 2,471 3,570 3,058 3,047 3,154 3,380 4,316 5,970 5,313 5,411 5,416 5,471 5,884 5,511 5,451 5,949 6,522 6,747 7,734 7,634 7,659 7,862 8,568 7,591 8,421 7,935 7,842 8,791 8,860 8,906 6,719 10,080 8,746 8,975 8,733 9,451 10,474 8,841 8,976 9,470 9,810 10,104 10,361 10,431 10,551 10,674 10,777 10,877 11,000 11,103 11,197 11,295 11,398 11,487 11,572 11,665 11,761 11,852 11,943 12,070 12,192 12,311 12,430 12,550 12,664 12,783 12,895
Total Agricultural Receipts (Millions of Dollars) 3,366 3,793 6,148 5,765 5,834 6,216 6,531 7,242 9,784 9,184 9,549 9,454 9,166 9,617 9,391 8,641 8,939 10,095 10,750 11,813 11,790 11,740 12,162 13,582 11,859 13,771 12,960 12,669 13,681 13,084 13,964 11,333 17,517 15,893 16,543 15,380 18,302 20,513 16,547 16,111 16,969 17,767 18,581 19,319 19,866 20,468 21,097 21,733 22,365 22,991 23,572 24,127 24,699 25,286 25,870 26,465 27,083 27,715 28,354 29,002 29,702 30,417 31,143 31,886 32,647 33,415 34,196 34,993
ENERGY AND MINING  
Oil Production (Millions of Barrels) NA NA 1,257.4 1,228.9 1,182.5 1,156.4 1,105.4 1,037.0 986.6 931.5 897.0 869.9 845.0 838.9 830.4 788.1 730.0 702.0 653.8 640.4 644.8 620.5 585.3 550.1 520.1 498.8 482.3 462.7 400.4 393.4 372.2 355.5 340.6 331.5 326.8 326.7 319.6 321.2 320.4 317.2 309.3 300.0 291.0 282.3 273.8 265.6 257.6 249.9 242.4 235.1 228.1 221.2 214.6 208.2 201.9 195.9 190.0 184.3 178.8 173.4 168.2 163.2 158.3 153.5 148.9 144.4 140.1 135.9
Natural Gas Production (Millions of Mcf) NA NA NA NA NA NA 7,493.6 7,097.7 7,066.3 7,105.7 6,803.8 6,409.7 5,594.4 5,717.1 5,544.7 5,499.2 5,122.6 5,348.0 5,163.9 5,324.7 5,452.9 4,904.6 4,193.6 3,862.9 3,656.0 3,550.3 3,522.4 3,333.5 3,148.8 3,070.7 2,992.0 3,196.4 3,024.3 2,968.3 3,032.9 3,637.4 4,105.7 4,170.9 4,162.1 4,120.5 4,018.1 3,897.5 3,780.6 3,667.2 3,557.2 3,450.5 3,346.9 3,246.5 3,149.1 3,054.7 2,963.0 2,874.1 2,787.9 2,704.3 2,623.1 2,544.5 2,468.1 2,394.1 2,322.3 2,252.6 2,185.0 2,119.5 2,055.9 1,994.2 1,934.4 1,876.3 1,820.1 1,765.4
Average Taxable Oil Price
(Dollars/Barrel)
NA $3.48 $3.58 $6.03 $7.39 $7.95 $8.32 $8.93 $10.31 $17.93 $30.89 $32.73 $30.28 $29.04 $27.44 $20.55 $15.50 $16.60 $15.89 $17.76 $23.01 $18.61 $17.95 $14.68 $16.22 $17.86 $20.59 $15.12 $12.91 $25.16 $27.73 $21.91 $28.59 $32.48 $46.89 $61.20 $59.14 $98.49 $47.73 $38.49 $47.31 $60.60 $72.56 $81.56 $88.52 $88.37 $88.37 $88.36 $88.40 $88.63 $88.29 $87.76 $87.26 $86.76 $86.21 $86.48 $87.04 $87.55 $88.06 $88.50 $90.11 $92.11 $94.05 $96.00 $97.94 $99.91 $102.04 $104.11
Average Taxable Natural
Gas Price (Dollars/Mcf)
NA NA NA NA NA NA $0.79 $0.89 $1.00 $1.27 $1.58 $1.91 $2.14 $2.25 $2.21 $1.82 $1.36 $1.37 $1.45 $1.45 $1.43 $1.36 $1.74 $1.76 $1.42 $1.60 $2.07 $2.00 $1.71 $2.63 $4.89 $2.53 $4.31 $4.83 $5.87 $7.50 $6.34 $7.60 $5.79 $5.06 $5.63 $6.29 $7.04 $7.92 $8.42 $8.62 $8.82 $9.02 $9.24 $9.56 $9.77 $9.97 $10.18 $10.39 $10.61 $10.79 $10.95 $11.11 $11.28 $11.50 $11.57 $11.78 $11.98 $12.17 $12.37 $12.57 $12.78 $12.98
Rig Count 296 319 358 470 609 645 753 847 767 947 1,239 1,125 783 860 739 375 282 296 257 331 340 246 264 275 257 271 338 338 213 312 459 353 419 491 581 716 815 883 985 515 564 740 833 780 733 714 706 698 690 683 679 669 659 649 640 631 624 618 612 607 601 600 602 603 604 605 606 607
CONSTRUCTION  
Single-Family (Thousands) NA NA NA 52.7 67.1 95.9 118.3 131.9 105.1 86.8 91.3 82.3 115.8 110.2 85.0 73.3 53.0 40.7 41.7 43.5 45.5 59.9 72.3 81.8 77.0 92.6 87.3 104.2 109.9 111.0 119.7 123.0 134.1 148.0 158.5 176.3 135.1 95.7 52.2 94.5 136.6 147.1 157.2 157.6 153.7 156.4 155.3 154.5 155.1 154.7 152.6 150.7 149.1 148.9 150.7 152.5 151.5 147.5 145.5 146.6 148.2 145.2 142.7 143.9 146.7 150.2 152.9 154.2
Multi-Family (Thousands) NA NA NA 38.5 20.8 41.0 74.6 90.5 80.8 60.5 63.7 89.0 160.1 130.2 65.4 50.0 11.0 4.5 3.5 7.7 7.5 10.8 10.2 23.5 32.9 29.0 38.8 47.9 44.5 32.5 28.7 36.1 35.2 35.4 32.2 37.9 41.1 54.0 46.4 39.2 44.1 50.6 58.4 61.1 64.8 66.3 67.2 69.0 70.5 70.7 69.9 69.7 69.6 69.7 70.1 70.9 71.7 72.6 73.3 74.2 74.7 75.1 75.0 75.9 77.0 78.2 79.5 80.2
Total Housing Starts (Thousands) NA NA NA 91.2 87.9 136.8 192.9 222.4 185.9 147.3 155.1 171.3 275.9 240.3 150.4 123.3 63.9 45.2 45.2 51.2 53.0 70.8 82.5 105.3 109.9 121.6 126.1 152.1 154.5 143.6 148.4 159.1 169.3 183.5 190.7 214.2 176.2 149.6 98.6 133.8 180.7 197.7 215.5 218.7 218.6 222.8 222.5 223.5 225.7 225.4 222.5 220.4 218.7 218.6 220.7 223.3 223.3 220.1 218.8 220.8 222.9 220.3 217.7 219.8 223.7 228.4 232.4 234.4
Nonresidential Area (Millions of Square Feet) NA NA NA NA NA 88.8 97.2 122.5 151.3 140.1 174.6 167.6 133.7 141.2 172.0 121.5 89.0 64.4 60.6 52.1 75.9 66.4 74.2 89.2 92.6 98.8 114.9 149.9 161.8 160.0 168.0 137.3 130.2 122.6 129.7 156.7 185.2 166.3 118.3 85.4 123.3 149.8 176.8 191.9 197.6 204.2 207.5 208.5 211.4 213.8 214.7 215.1 216.2 217.6 220.6 225.1 228.9 230.3 231.4 234.1 238.7 241.4 242.1 245.3 249.8 255.2 261.7 267.0
Nonbuilding Value (Millions of Dollars) 673.0 1,123.6 1,070.4 1,158.1 1,652.1 1,164.5 2,108.0 1,790.9 3,159.7 2,770.9 4,156.8 2,040.3 3,296.8 2,776.7 4,044.0 4,041.4 4,262.4 4,193.0 3,501.2 3,407.2 3,280.4 3,114.8 3,930.3 4,290.5 4,684.2 4,779.3 4,479.5 5,164.9 8,355.2 7,802.7 10,129.7 8,654.0 7,235.3 8,949.4 9,366.6 11,998.0 13,468.7 8,949.7 9,179.0 7,974.8 8,257.1 9,349.0 10,575.0 11,684.0 12,605.6 13,491.7 14,342.4 15,148.2 16,043.4 17,022.6 18,024.7 19,045.0 20,130.7 21,240.2 22,416.2 23,713.2 25,114.8 26,549.9 27,981.3 29,469.0 31,124.7 32,875.0 34,595.8 36,378.9 38,232.7 40,200.3 42,393.0 44,661.3
RETAIL SALES (TAXABLE)  
Cars (Thousands) 483.3 561.4 705.1 552.1 496.5 611.9 703.7 720.5 704.5 633.3 647.0 588.9 576.7 635.7 674.1 639.4 533.3 548.7 571.6 554.4 520.3 512.0 481.3 543.5 538.9 623.0 545.2 546.0 571.0 604.6 561.8 563.4 504.9 467.7 504.4 538.9 548.0 600.7 598.0 609.7 629.3 665.2 690.4 708.2 728.3 739.6 748.6 757.8 764.7 771.9 777.7 784.9 792.2 799.7 808.4 818.1 827.9 837.8 848.5 860.9 873.9 887.1 900.2 914.4 929.3 944.7 961.1 977.6
Trucks (Thousands) 136.6 176.0 243.8 215.2 181.8 246.3 297.5 330.6 307.8 275.3 290.4 318.9 313.9 385.3 434.7 402.8 342.0 367.2 389.4 391.4 367.0 409.6 422.4 486.4 500.4 592.5 573.3 643.1 713.0 801.5 810.2 867.2 797.9 780.7 781.5 743.3 813.8 710.1 550.9 596.8 609.7 642.2 670.4 682.1 700.3 702.4 708.8 711.1 712.4 717.1 719.8 724.8 729.2 733.9 739.8 746.6 752.9 759.0 766.0 775.1 784.9 794.3 803.5 814.3 825.5 837.5 850.4 863.5
Total Automobile Sales (Thousands) 619.9 737.5 948.9 767.4 678.4 858.2 1,001.2 1,051.1 1,012.4 908.6 937.4 907.8 890.6 1,021.0 1,108.8 1,042.3 875.3 915.9 961.0 945.8 887.3 921.6 903.7 1,029.9 1,039.3 1,215.5 1,118.4 1,189.1 1,284.0 1,406.0 1,372.1 1,430.7 1,302.8 1,248.4 1,285.9 1,282.2 1,361.8 1,310.8 1,148.9 1,206.5 1,239.0 1,307.4 1,360.7 1,390.4 1,428.6 1,442.0 1,457.4 1,468.9 1,477.1 1,488.9 1,497.5 1,509.7 1,521.4 1,533.6 1,548.2 1,564.8 1,580.8 1,596.8 1,614.4 1,636.0 1,658.8 1,681.3 1,703.7 1,728.7 1,754.8 1,782.2 1,811.5 1,841.1
Retail Sales, Excluding Automobiles (Taxable, Millions of Dollars) NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 69,688 73,689 78,767 84,308 89,352 94,492 99,218 106,946 113,974 121,647 126,115 128,631 128,836 135,055 143,047 157,003 168,020 175,420 178,409 184,259 194,865 207,735 221,447 234,273 247,376 260,986 274,916 289,011 304,015 320,075 336,029 352,452 369,760 387,672 406,301 425,975 446,884 468,847 491,708 515,759 541,133 567,468 594,809 623,630 654,403 686,881 721,351 757,780

Source: Susan Combs, Texas Comptroller of Public Accounts, 2008-09 Forecast