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Texas Economic Forecast 2014-15

Nominal Gross State Product Detail
Calendar Years 1990-2041

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Gross State Product by Industry in Billions of Dollars
Year 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
Total Gross State Product (Current Dollars) 390.1 404.6 429.62 459.05 489.57 517.61 559.95 612.66 651.9 689.22 746.43 784.96 799.94 843.72 920.39 998.09 1093.79 1176.96 1243.33 1167.23 1248.52 1357.32 1463 1535.15 1618.19 1657.23 1765.73 1876.27 1974.02 2085.53 2209.05 2334.63 2458.4 2588.85 2724.06 2863.52 3008.98 3162.33 3322.38 3489.65 3663.79 3847.53 4038.86 4241.35 4455.36 4680.22 4918.01 5164.65 5423.13 5698.38 5990.59 6303.76
Goods (Current Dollars) 118.33 121.57 126.71 132.29 139.59 146.95 157.52 171.42 169.8 170.89 192.46 206.41 203.9 226.63 272.61 308.67 352.01 391.4 418.32 340.47 383.37 453.01 495.94 526.25 560.22 545.57 585.81 626.39 666.42 707.67 757.75 808.19 852.88 896.98 942.02 985.6 1,027.30 1,070.47 1,115.04 1,159.78 1,204.70 1,254.27 1,304.13 1,355.48 1,409.47 1,467.88 1,527.69 1,587.06 1,649.74 1,716.07 1,785.82 1,861.65
Agriculture 5.49 5.34 4.97 5.48 5.3 6 6.37 6.81 6.27 6.93 6.67 6.49 7.07 8.49 9.88 8.49 7.65 8.51 7.46 5.96 9.71 9.8 10.19 13.4 13.25 13.46 14 14.59 14.99 15.29 15.5 15.73 15.92 16.06 16.18 16.28 16.41 16.55 16.69 16.84 16.98 17.14 17.34 17.57 17.78 18.03 18.33 18.71 19.22 19.89 20.59 21.39
Mining (Oil and Gas) 25.53 27.43 28.86 28.9 29.58 29.66 31.69 36.09 27.55 29.85 43.52 52.54 48.49 63.29 73.41 99.8 116.16 137.04 182.89 119.7 134.62 171.13 190.16 206.55 223.03 193.44 208.28 220.39 234.56 248.23 269.76 291.22 308.19 322.94 338 349.93 358.41 366.61 375.53 383.19 388.25 393.71 398.72 403.19 407.96 414.09 418.95 420.63 421.68 420.77 418.35 414.27
Construction 16.32 16.79 18.02 19.18 21.1 22.31 24.8 26.04 30.2 33.82 38.61 41.42 42.51 44.89 48.05 53.1 59.57 64.58 64.34 61.6 60.1 61.76 67.54 72.72 77.11 82.79 88.78 95.94 103.25 110.48 117.26 123.61 129.93 136.49 142.95 149.39 156.15 163.42 170.6 178.07 186.24 195.7 204.85 214.06 223.74 233.92 244.42 255.19 266.33 278.48 291.95 307.26
Manufacturing 70.99 72.01 74.85 78.72 83.61 88.98 94.66 102.48 105.78 100.28 103.65 105.97 105.84 109.96 141.27 147.27 168.63 181.27 163.63 153.2 178.94 210.31 228.05 233.59 246.83 255.89 274.75 295.47 313.63 333.67 355.23 377.64 398.84 421.5 444.89 470 496.34 523.89 552.22 581.67 613.22 647.73 683.22 720.67 760 801.85 845.99 892.53 942.51 996.94 1054.94 1118.73
Services (Current Dollars) 271.77 283.03 302.91 326.76 349.98 370.66 402.43 441.24 482.1 518.34 553.97 578.54 596.03 617.08 647.78 689.43 741.78 785.56 825.01 826.77 865.15 904.32 967.07 1008.9 1057.96 1111.66 1179.92 1249.88 1307.6 1377.86 1451.3 1526.43 1605.51 1691.87 1782.04 1877.92 1981.68 2091.86 2207.34 2329.87 2459.09 2593.25 2734.73 2885.88 3045.89 3212.34 3390.32 3577.59 3773.39 3982.3 4204.76 4442.1
Trade, Transportation and Utilities 78.12 80.33 85.82 93.22 102.29 107.36 115.79 122.63 137.43 147.84 156.65 162.93 157.2 162.86 173.49 186.1 203.91 213.6 220.99 213.25 226.09 240.7 267.49 279.42 295.97 311.34 331.42 353.06 372.32 395.78 418.59 440.37 463.76 489.44 515.75 543.93 574.24 605.77 637.22 670 703.17 737.52 773.14 810.6 849.68 889.74 932.44 976.32 1022.19 1071.25 1121.99 1177.01
Wholesale 25.54 26.44 27.94 30.44 33.79 35.16 39.23 42.75 48.72 53.06 56.36 55.27 53.55 56.04 61.78 67.92 74.48 82.09 85.62 80.76 85.73 92.1 100.94 106.97 116.24 123.14 132.55 142.78 152.43 165.39 178.67 191.25 204.67 219.13 234.22 250 266.75 284.29 301.2 318.85 337.16 356.56 376.96 398.75 421.8 445.94 471.88 498.14 525.89 555.74 586.34 619.23
Retail 27.46 27.62 29.92 32.86 36.24 38.21 41.19 42.58 48.41 50.73 53.07 54.65 56.32 58.15 58.89 63.12 66.28 67.79 67.58 68.42 70.9 74.08 78.99 82.66 86.11 90.28 94.58 99.22 103.16 108 112.77 117.19 121.96 127.47 133.16 139.35 145.94 153.31 161.01 169.14 177.38 185.78 194.43 203.85 213.84 223.9 234.51 245.73 257.36 269.85 283.07 297.81
Transportation and Utilities 25.12 26.27 27.96 29.92 32.26 33.99 35.36 37.3 40.3 44.04 47.22 53 47.33 48.67 52.82 55.06 63.15 63.72 67.79 64.07 69.46 74.52 87.56 89.79 93.62 97.92 104.28 111.05 116.73 122.4 127.15 131.93 137.14 142.84 148.38 154.58 161.55 168.17 175.01 182.01 188.63 195.18 201.75 208 214.05 219.9 226.04 232.45 238.94 245.66 252.59 259.98
Information 15.31 15.83 16.61 18.19 19.56 21.99 24.49 29.09 32.66 34.12 34.87 35.72 38.5 38.13 40.39 41.07 41.6 43.33 43.99 41.88 41.17 42.15 44.82 46.23 48.94 51.14 55.62 60.09 63.99 68.94 74.89 81.25 87.16 93.06 99.44 106.31 113.84 122.34 131.77 141.69 152.05 163.95 176.91 190.51 205.11 220.73 238.17 257.47 278.98 303.13 329.51 358.34
Financial Activities 58.58 60.71 65.05 68.86 72.46 75.86 83.31 93.77 101.91 111.53 119.13 123.7 128.43 132.21 132.53 141.72 150.99 158.53 165.72 167.3 175.3 183.74 196.5 207.44 214.88 224.22 236.4 249.27 258.66 269.9 281.8 293.19 304.33 316.84 330.65 345.76 361.82 378.76 396.88 416.8 438.43 461.19 484.06 509.05 536.32 565.09 595.88 627.75 660.81 695.27 731.46 771.75
Professional and Business Services 27.65 29.74 32.13 34.41 36.97 40.19 45.62 53.37 59.51 63.92 70.95 75.99 78.16 80.49 87.92 96.39 106.76 118.23 128.51 122.76 128.97 138.12 148.44 156.45 168.22 181.62 198.38 212.49 223.2 237.51 254.43 274.54 295.24 317.63 340.88 366.24 395.05 426.06 459.1 494.56 532.13 572.77 615.75 661.93 710.86 762.06 816.92 875.72 937.17 1002.1 1071.31 1146.35
Educational and Health Services 20.02 21.65 23.63 25.49 27.26 29.36 31.93 34.85 36.63 38.71 41.35 45.38 49.54 52.38 56.1 58.29 62.49 65.73 70.91 77.58 80.98 83.9 88.33 92.71 97.19 102.34 107.9 113.27 117.15 122.07 127.03 132.3 138.65 145.61 152.73 160.03 168.03 176.6 185.92 195.58 205.46 216.21 227.66 240.04 253.37 266.8 280.96 295.6 310.49 326.54 343.25 361.12
Leisure and Hospitality 12.58 13.27 14.04 15.03 15.75 16.86 18.08 19.97 22.07 24.56 26.59 26.94 28.55 29.47 30.89 32.28 34.8 35.99 36.72 37.45 38.59 40.21 43.21 45.67 48.27 50.7 52.87 55.47 57.69 59.82 61.55 63.31 65.22 67.4 69.6 71.78 74.08 76.76 79.76 82.96 86.15 89.65 93.13 96.82 100.54 104.43 108.46 112.88 117.34 122.27 127.34 132.85
Other Services 10.38 10.25 11.25 12.33 13.43 14.18 15.19 16.35 18.35 19.49 20.63 19.36 20.63 20.51 21.35 22.71 24.39 25.25 25.5 26.08 26.64 27.2 28.82 29.95 30.57 31.3 32.21 33.33 34.57 35.5 36.13 37.01 38.15 39.52 40.89 42.27 43.67 45.09 46.63 48.18 49.72 51.25 52.8 54.45 56.12 57.79 59.55 61.29 63.1 65.14 67.16 69.4
Government 49.13 51.26 54.38 59.23 62.28 64.85 68.02 71.19 73.55 78.18 83.8 88.53 95.03 101.04 105.12 110.86 116.84 124.9 132.67 140.46 147.4 148.3 149.46 151.02 153.94 159 165.11 172.9 180.01 188.34 196.89 204.45 213 222.36 232.1 241.6 250.95 260.47 270.05 280.09 291.98 300.73 311.29 322.48 333.88 345.69 357.95 370.57 383.3 396.61 412.73 425.28
Total Gross State Product (Chained 2009 Dollars) 599.3 619.75 648.98 669.09 697.97 723.89 758.39 814.75 872 909.03 937.71 966.04 983.11 989.94 1,035.84 1,056.50 1,118.32 1,165.04 1,173.48 1,167.23 1,201.99 1,252.01 1,338.58 1,386.47 1,439.28 1,477.22 1,532.92 1,590.19 1,634.84 1,683.44 1,740.49 1,792.39 1,846.84 1,902.81 1,958.08 2,013.99 2,074.45 2,138.49 2,205.54 2,274.93 2,345.69 2,417.88 2,491.68 2,567.58 2,647.25 2,727.70 2,811.38 2,896.25 2,982.44 3,072.48 3,167.53 3,269.03

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