transparency

Texas Economic Forecast 2014-15

Texas Economy Detail
Calendar Years 1970—2041

Download Data (CSV)

Year 1970 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 2039 2040 2041
Texas Exports (Billions of Dollars) 3.43 3.57 3.99 5.52 7.48 8.2 8.96 9.55 11.2 13.76 16.79 18.22 17.01 16.67 18.24 18.23 19.3 22.01 31.28 34.45 37.4 42.52 45.13 47.21 54.23 62.22 66.88 76.19 78.88 83.19 103.91 95.05 95.49 98.93 117.38 129.24 150.75 168.07 192.14 162.93 206.96 251 265.38 279.7 293.9 316.01 336.8 359.87 385.57 414.18 445.92 480.34 517.02 555.82 598.08 639.53 680.34 721.66 765.1 810.5 857.69 908.74 963.58 1,021.44 1,080.39 1,139.97 1,202.46 1,269.60 1,339.79 1,413.10 1,491.03 1,571.74
AGRICULTURE  
Total Agricultural Receipts (Millions of Dollars) 3,221 3,459 4,074 6,489 5,665 5,910 6,312 6,663 7,608 10,098 9,079 9,613 9,399 9,176 9,655 9,262 8,591 9,132 10,343 10,919 11,755 12,107 11,467 12,727 12,889 13,071 12,726 13,210 13,154 13,033 12,969 13,508 12,568 15,443 16,835 16,619 16,143 18,901 19,451 17,111 20,379 22,344 22,726 23,404 22,707 22,842 23,182 23,814 24,491 25,066 25,755 26,459 27,167 27,886 28,753 29,567 30,314 31,008 31,687 32,357 32,980 33,655 34,381 35,169 35,932 36,685 37,470 38,279 39,109 39,956 40,816 41,694
Cash Receipts: Crops (Millions of Dollars) 1,264 1,178 1,463 2,811 2,702 2,833 3,109 3,141 2,984 3,970 3,883 4,165 3,978 3,655 3,755 3,815 3,079 3,042 3,713 4,055 3,999 4,309 3,944 4,519 4,814 4,651 5,120 5,063 5,004 4,549 3,809 4,163 4,479 5,114 5,646 6,072 5,913 7,515 8,048 6,471 8,621 6,519 7,660 7,407 6,626 6,610 6,745 6,978 7,263 7,561 7,876 8,190 8,496 8,802 9,112 9,434 9,765 10,106 10,456 10,813 11,179 11,556 11,942 12,338 12,745 13,164 13,597 14,042 14,498 14,967 15,450 15,945
Cash Receipts: Livestock (Millions of Dollars) 1,956 2,281 2,610 3,677 2,963 3,077 3,203 3,523 4,624 6,128 5,196 5,448 5,421 5,521 5,900 5,448 5,513 6,090 6,630 6,863 7,756 7,799 7,522 8,207 8,074 8,420 7,606 8,147 8,150 8,484 9,160 9,345 8,089 10,328 11,190 10,547 10,230 11,386 11,403 10,640 11,758 15,825 15,066 15,997 16,081 16,232 16,437 16,836 17,228 17,505 17,878 18,269 18,671 19,084 19,640 20,133 20,548 20,902 21,231 21,544 21,801 22,099 22,438 22,831 23,187 23,521 23,873 24,238 24,611 24,989 25,366 25,749
ENERGY AND MINING  
Oil Production (Millions of Barrels) NA NA 1,255.40 1,250.28 1,217.30 1,175.98 1,143.65 1,088.30 1,024.40 972.83 922.88 890.23 863.68 843.48 836.78 819.83 773.58 723 689.95 650.45 652.53 683.06 656.29 619.22 583.24 553.37 531.59 511.63 476.78 432.76 413.7 397 378.33 366.26 357.67 351.58 345.18 341.23 345.8 350.95 367.48 444.35 596.95 778.53 930.98 967.63 959.03 959.1 959.25 960 961.13 961.98 962.63 963.1 963.45 963.65 963.83 963.98 964.2 964.23 964.3 964.3 964.3 964.3 964.33 964.4 964.4 964.4 964.4 964.4 964.4 964.4
Natural Gas Production (Millions of Mcf) NA NA NA NA NA NA 11,176.40 11,117.50 10,513.00 10,787.10 10,490.60 10,124.20 9,316.40 8,325.20 8,562.50 8,341.10 8,022.90 7,779.30 7,980.30 7,740.20 8,105.00 7,925.60 5,794.50 4,895.60 5,065.10 4,706.70 4,961.00 5,003.10 4,926.30 4,739.70 4,945.80 5,163.30 5,046.00 5,208.20 5,217.30 5,510.90 5,909.80 6,555.60 7,482.50 7,250.50 7,177.00 7,475.50 7,358.90 7,307.90 7,606.80 7,660.30 7,698.50 7,737.00 7,775.70 7,814.60 7,853.70 7,893.00 7,932.40 7,972.10 8,012.00 8,052.00 8,092.30 8,132.70 8,173.40 8,214.30 8,255.30 8,296.60 8,338.10 8,379.80 8,421.70 8,463.80 8,506.10 8,548.60 8,591.40 8,634.30 8,677.50 8,720.90
Average Taxable Oil Price (Dollars/Barrel) NA NA NA NA NA NA $8.18 $8.48 $9.27 $12.59 $22.16 $34.65 $31.67 $29.26 $28.82 $26.77 $14.73 $17.54 $14.71 $17.84 $19.07 $21.91 $18.45 $17.13 $15.07 $16.63 $18.54 $19.22 $14.57 $15.97 $25.80 $26.28 $23.59 $29.37 $38.96 $52.74 $61.48 $68.49 $96.86 $57.56 $75.95 $91.73 $92.63 $96.05 $87.87 $64.39 $65.71 $70.13 $74.23 $79.95 $84.42 $88.94 $93.70 $98.71 $103.99 $109.56 $115.42 $120.74 $123.76 $126.85 $130.02 $133.27 $136.60 $140.02 $143.52 $147.11 $150.79 $154.56 $158.42 $162.38 $166.44 $169.54
Average Taxable Natural Gas Price (Dollars/Mcf) NA NA NA NA NA NA $0.69 $0.85 $0.92 $1.13 $1.42 $1.77 $2.05 $2.22 $2.24 $2.11 $1.49 $1.33 $1.42 $1.45 $1.48 $1.37 $1.70 $1.89 $1.61 $1.45 $2.07 $2.17 $1.83 $2.08 $3.75 $3.85 $2.89 $4.71 $5.44 $7.27 $6.17 $6.30 $7.83 $3.29 $4.13 $4.31 $2.97 $3.69 $4.48 $3.46 $3.66 $3.79 $4.04 $4.06 $4.14 $4.29 $4.47 $4.64 $4.80 $4.97 $5.14 $5.32 $5.51 $5.70 $5.90 $6.11 $6.32 $6.55 $6.77 $7.01 $7.26 $7.51 $7.77 $8.05 $8.33 $8.54
Rig Count 303 291 326 377 508 637 653 779 855 770 990 1,320 991 792 855 676 302 295 282 267 348 315 250 263 274 251 283 357 303 226 341 462 339 449 506 613 745 833 898 431 659 839 900 834 862 567 617 661 696 752 790 808 820 828 845 872 880 885 889 891 892 894 896 899 900 900 900 900 900 900 900 900
CONSTRUCTION  
Total Housing Starts (Thousands) NA NA NA 159.6 85.3 90.1 129.4 178.7 203.2 174.8 145 149.1 211.2 293.2 209.8 147.5 104 59.1 44.7 43.8 52.5 56.4 71.6 86.5 109.6 110.1 122 131.6 157.2 147.1 142.9 147.8 162.3 176.3 178.4 198.9 206.7 167.5 126.1 81.5 84.9 93.4 122.6 138 157.5 174.1 183.6 194.7 202.6 209.8 214.8 212.8 212.9 214.3 216.9 220.7 223.1 223.4 222.1 224.4 228.6 229.5 228.6 230.1 231.8 233.7 234.8 235.8 236.8 237.2 239.8 241.8
Single-Family (Thousands) NA NA NA 111.3 52.9 62.9 80.4 105.7 124.1 99.1 87.1 84.1 99.6 126.2 104.8 82.3 67.2 51.6 40.6 40.4 43.9 47.7 62.5 74.8 80.4 79.8 91.6 89.1 109.8 107.7 112.2 118.6 126.6 138.1 145.8 166.3 167.4 123.6 81.9 67.4 70.2 65.7 80.9 89.3 95 102.1 109.9 119.2 124.9 129.1 129.7 127.5 126.2 125.8 125.4 127.6 129 128.9 126 126 127.4 127.1 123.9 124 124.6 125.6 125.3 125.5 125.8 125.2 126.2 127.1
Multi-Family (Thousands) NA NA NA 48.3 32.4 27.2 49 73 79.1 75.6 57.9 65.1 111.6 167 105 65.2 36.7 7.6 4.1 3.4 8.7 8.8 9.1 11.7 29.2 30.3 30.4 42.5 47.4 39.5 30.8 29.1 35.7 38.3 32.6 32.7 39.3 43.9 44.2 14.1 14.8 27.7 41.7 48.7 62.6 72 73.7 75.5 77.8 80.6 85.1 85.3 86.7 88.5 91.5 93.1 94.1 94.6 96.1 98.4 101.3 102.4 104.7 106.1 107.3 108.2 109.5 110.3 111 112.1 113.6 114.7
Nonresidential Area (Millions of Square Feet) 80.2 90 98.3 111.1 95.5 75.6 88.8 105 130.4 148.2 148.8 184.6 148.7 131 154.6 167.2 107.2 80.9 61.8 58.6 63.2 68.6 66.6 80.3 90 93.3 100.6 120.4 162 158.9 163.1 159.5 132.1 130.2 125 134.5 167.1 180 174 94.2 79.4 82.5 100.9 132.5 141 153.1 171 196 214.8 221.6 226.2 227.8 231.9 236.4 243.5 249.8 255.3 260.9 264.8 268 272.7 276.3 279.3 283.3 287.7 291.5 295.4 299.2 303.4 307.2 311.7 317.3
Nonbuilding Value (Millions of Dollars) 775 912 1,007 1,026 1,234 1,554 1,702 1,711 2,189 3,683 2,408 3,998 1,998 3,507 3,205 3,875 3,977 4,360 4,156 3,221 3,353 3,261 3,410 3,944 4,165 5,024 4,452 4,731 5,295 9,392 8,014 10,053 7,430 8,251 8,564 9,775 14,101 11,365 11,787 11,438 11,187 15,022 18,778 19,166 12,648 13,856 15,840 18,041 20,086 21,475 22,760 24,191 25,902 27,655 29,702 31,833 34,163 36,780 39,507 42,122 44,884 47,831 51,059 54,508 58,155 61,964 66,045 70,416 75,124 80,075 85,264 90,922
RETAIL SALES (TAXABLE)  
Total Automobile Sales (Thousands) 594.4 684.6 801 916.4 702.1 732.5 885.4 1,016.50 1,049.30 1,010.70 871.4 948.9 917.9 899.4 1,032.80 1,125.80 997.4 875.3 926.9 956.6 3,843.10 3,510.40 3,556.80 3,765.90 4,077.20 4,509.70 4,666.00 4,577.30 4,850.90 5,139.30 5,659.40 5,806.70 5,429.00 5,107.40 5,009.10 5,102.70 5,184.90 5,555.40 4,704.70 3,402.40 3,665.30 4,106.70 5,114.50 5,711.50 6,289.40 6,590.90 6,797.70 6,993.60 7,101.30 7,199.30 7,271.00 7,318.70 7,359.80 7,427.50 7,504.80 7,648.90 7,816.20 8,005.50 8,180.60 8,328.00 8,468.60 8,580.60 8,726.10 8,866.40 9,030.00 9,207.20 9,391.50 9,589.60 9,794.60 10,003.80 10,226.60 10,431.00
Cars (Thousands) 454 533.8 609.8 669 507.5 535.3 626.3 711.5 719.3 701.4 609.5 647.9 592.2 576.7 634.6 689.3 615.7 526.6 555.8 565.7 2,261.80 2,036.50 1,938.80 2,002.00 2,156.00 2,345.00 2,342.70 2,209.70 2,191.50 2,276.20 2,414.40 2,350.40 2,141.70 1,944.70 1,876.90 2,059.50 2,145.00 2,260.00 2,130.00 1,539.70 1,515.60 1,700.60 2,253.40 2,488.30 2,666.60 2,858.30 3,023.20 3,184.30 3,283.50 3,406.00 3,519.90 3,609.10 3,687.70 3,783.30 3,875.20 3,990.60 4,113.80 4,250.10 4,379.70 4,495.70 4,609.40 4,709.50 4,828.80 4,947.30 5,080.40 5,223.60 5,373.00 5,531.70 5,696.70 5,866.20 6,045.70 6,218.80
Trucks (Thousands) 140.3 150.8 191.2 247.4 194.6 197.2 259.1 304.9 330 309.3 261.9 301 325.7 322.6 398.2 436.5 381.8 348.7 371.2 391 1,581.40 1,473.80 1,618.00 1,763.90 1,921.20 2,164.70 2,323.30 2,367.60 2,659.40 2,863.20 3,245.00 3,456.30 3,287.30 3,162.70 3,132.20 3,043.20 3,039.80 3,295.40 2,574.70 1,862.70 2,149.70 2,406.10 2,861.10 3,223.30 3,622.70 3,732.70 3,774.50 3,809.20 3,817.70 3,793.20 3,751.10 3,709.60 3,672.20 3,644.20 3,629.60 3,658.30 3,702.40 3,755.40 3,800.90 3,832.30 3,859.30 3,871.10 3,897.30 3,919.10 3,949.60 3,983.60 4,018.50 4,057.90 4,097.90 4,137.60 4,180.90 4,212.20
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 63,609 66,204 70,792 75,215 80,633 85,026 90,030 94,823 102,140 109,133 115,534 119,559 123,072 125,704 133,542 144,524 156,844 166,569 170,490 164,113 168,114 178,112 192,664 204,244 213,303 223,635 234,992 248,129 261,994 275,874 290,224 304,586 319,093 334,482 351,049 368,626 386,976 406,724 427,338 448,658 470,996 494,281 518,785 544,543 571,851 600,889 631,618 663,837 697,752 733,532 771,414 811,227

Source: Glenn Hegar, Texas Comptroller of Public Accounts, Winter 2014-15 Forecast