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Texas Economic Forecast 2014-15

Nominal Gross State Product Detail
Fiscal Years 1991-2041

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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
Total Gross State Product (Current Dollars) 400.43 422.1 451.8 481.22 510.72 548.18 599.92 643.06 677.43 733.7 778.42 795.18 828.05 901.81 974.61 1,073.40 1,154.01 1,242.49 1,174.71 1,225.11 1,327.72 1,439.75 1,513.96 1,603.60 1,643.70 1,732.40 1,848.50 1,948.92 2,056.34 2,177.29 2,303.68 2,427.12 2,555.52 2,690.14 2,827.93 2,972.50 3,122.91 3,281.80 3,446.87 3,619.84 3,800.99 3,989.85 4,189.54 4,400.77 4,622.87 4,857.65 5,101.80 5,357.98 5,627.03 5,916.25 6,223.54
Goods (Current Dollars) 120.85 125.06 130.77 137.5 145.53 154.2 168.48 171.12 169.12 186.77 205.12 202.85 217.18 263.01 296.89 345.04 378.19 425.38 348.37 371.13 434.98 487.73 517.63 555.71 547.46 571.58 615.76 656.11 697.14 744.4 796.05 842.15 885.61 931.17 974.57 1,017.19 1,059.28 1,103.93 1,148.47 1,193.29 1,241.70 1,291.69 1,342.25 1,395.73 1,452.78 1,513.03 1,571.92 1,633.84 1,699.04 1,767.81 1,842.43
Agriculture 5.44 5.07 5.3 5.35 5.81 6.25 6.73 6.5 6.67 6.7 6.46 7.02 8.14 9.64 8.86 7.93 8 7.86 6.24 8.81 9.9 10.25 12.45 13.25 13.37 13.83 14.48 14.89 15.23 15.45 15.67 15.89 16.02 16.15 16.26 16.38 16.51 16.66 16.81 16.95 17.1 17.28 17.52 17.72 17.96 18.25 18.61 19.08 19.72 20.41 21.18
Mining (Oil and Gas) 27.08 28.63 28.69 29.46 29.61 30.86 35.63 29.93 28.12 39.65 52.01 47.92 58.62 71.88 90.09 115.88 127.65 182.49 127.7 130.72 160.26 186.37 203.56 221.44 200.02 201.47 218.68 230.93 244.45 263.85 286.15 304.45 318.94 334.85 346.82 356.76 364.29 373.39 381.46 387.2 392.17 397.7 401.9 406.82 412.32 418.24 420.25 421.5 421.26 419 415.51
Construction 16.5 17.68 18.87 20.59 22.02 24.21 25.58 28.96 32.89 37.59 40.94 42.23 43.92 47.52 51.52 58.05 63.48 64.39 62.9 59.96 61.25 65.95 71.47 75.86 81.36 87.1 94.23 101.37 108.76 115.58 122.07 128.32 134.87 141.3 147.82 154.41 161.58 168.81 176.12 184.09 193.34 202.58 211.72 221.26 231.36 241.77 252.46 263.52 275.25 288.46 303.27
Manufacturing 71.83 73.68 77.91 82.1 88.09 92.88 100.55 105.73 101.43 102.83 105.7 105.69 106.5 133.97 146.42 163.18 179.05 170.65 151.53 171.65 203.57 225.16 230.15 245.17 252.71 269.18 288.37 308.92 328.71 349.52 372.16 393.5 415.77 438.86 463.68 489.64 516.9 545.07 574.08 605.05 639.09 674.14 711.12 749.93 791.14 834.78 880.59 929.75 982.81 1,039.94 1,102.46
Services (Current Dollars) 279.58 297.03 321.03 343.72 365.19 393.98 431.44 471.94 508.32 546.93 573.3 592.33 610.87 638.8 677.72 728.36 775.82 817.1 826.34 853.98 892.74 952.03 996.33 1,047.89 1,096.24 1,160.82 1,232.74 1,292.81 1,359.20 1,432.89 1,507.63 1,584.97 1,669.92 1,758.97 1,853.35 1,955.31 2,063.63 2,177.87 2,298.40 2,426.55 2,559.29 2,698.16 2,847.29 3,005.04 3,170.09 3,344.62 3,529.88 3,724.14 3,927.99 4,148.44 4,381.11
Trade, Transportation and UtilitiesSubtotal 79.75 83.93 91.31 99.9 106.5 113.54 120.64 133.62 144.85 155.8 162.22 157.89 160.84 170.35 182.31 200.52 210.98 219.52 214.92 222.79 235.29 262.01 275.52 292.93 306.99 325.67 348.37 367.37 389.57 413.08 435.02 457.59 482.96 509.03 536.73 566.55 597.85 629.27 661.61 694.86 728.94 763.98 801.08 839.76 879.59 921.49 965.26 1,010.55 1,058.54 1,109.14 1,162.99
Wholesale 26.26 27.46 29.74 32.88 34.84 38.21 41.81 47.31 51.33 56.79 55.7 53.57 55.17 59.69 66.79 72.69 80.14 85.23 81.75 84.47 90.07 99.16 104.55 114.63 121.22 129.83 140.52 149.9 161.83 175.43 188.21 201.15 215.45 230.37 246.01 262.49 279.93 296.93 314.33 332.51 351.68 371.7 393.17 415.91 439.79 465.23 491.6 518.76 548.03 578.65 610.81
Retail 27.34 29.25 32.1 35.27 37.88 40.57 42.05 46.76 50.34 52.65 54.2 56.2 57.4 58.78 61.51 66.08 67.47 67.6 68.09 70.45 72.97 77.76 81.53 85.49 89.14 93.4 98.23 102.12 106.76 111.6 116.11 120.69 126.06 131.68 137.78 144.24 151.41 159.05 167.05 175.33 183.69 192.2 201.4 211.33 221.35 231.8 242.84 254.45 266.59 279.65 294.07
Transportation and Utilities 26.15 27.22 29.47 31.75 33.77 34.76 36.79 39.55 43.17 46.36 52.32 48.13 48.26 51.88 54 61.75 63.37 66.69 65.09 67.87 72.25 85.09 89.44 92.8 96.64 102.44 109.62 115.35 120.99 126.05 130.7 135.75 141.44 146.98 152.94 159.82 166.5 173.29 180.24 187.02 193.57 200.08 206.5 212.52 218.46 224.46 230.81 237.34 243.91 250.84 258.11
Information 15.63 16.41 17.81 19.04 21.49 23.69 27.73 31.95 34.1 34.53 35.36 38.24 37.8 39.88 41.26 41.41 42.82 44.07 41.57 41.58 42.15 44.54 45.25 48.35 50.5 54.32 59.16 62.97 67.57 73.34 79.66 85.77 91.49 97.82 104.54 111.89 120.11 129.35 139.19 149.34 160.89 173.55 187.07 201.35 216.69 233.62 252.49 273.45 296.72 322.77 350.87
Financial Activities 59.91 63.83 67.85 71.79 74.45 81.41 91.43 99.57 109.34 117.23 122.57 127.72 131.38 131.94 139.35 147.41 158.38 164.65 166.42 172.38 181.42 192.49 205.72 213.23 221.52 232.84 244.14 256.38 266.83 278.79 290.52 301.42 313.62 327.04 341.88 357.79 374.38 392.23 411.61 432.83 455.61 478.17 502.58 529.27 557.78 588 619.69 652.48 686.46 722.06 761.54
Professional and Business Services 29.24 31.35 33.94 36.17 39.3 44.09 51.37 58.29 62.67 68.84 75.44 77.76 79.45 85.96 93.81 104.17 115.07 126.82 125.01 126.32 135.5 146.37 153.55 165.8 177.54 194.06 209.72 220.44 233.56 249.9 269.37 289.98 311.89 335.01 359.55 387.68 418.07 450.62 485.42 522.5 562.52 604.58 650.14 698.39 749.03 802.81 860.54 921.91 985.16 1,053.56 1,127.36
Educational and Health Services 21.26 23.11 25.18 26.69 28.76 31.26 34.3 36.17 37.98 40.78 44.15 48.7 51.68 55.16 57.64 61.49 64.9 69.41 76.14 80.28 83.33 86.97 91.33 96.19 100.87 106.46 112.23 116.12 120.76 125.88 130.87 136.96 143.89 150.91 158.13 166.01 174.37 183.54 193.13 202.91 213.52 224.68 236.85 249.96 263.46 277.32 291.95 306.72 322.4 338.94 356.65
Leisure and Hospitality 13.04 13.89 14.78 15.48 16.57 17.78 19.48 21.55 23.71 26.41 26.94 27.98 29.17 30.58 31.88 34.26 35.66 36.59 37.33 38.11 39.78 42.48 44.87 47.77 50.11 52.28 54.86 57.16 59.32 61.12 62.88 64.7 66.87 69.03 71.27 73.47 76.06 78.98 82.15 85.33 88.78 92.24 95.89 99.6 103.45 107.42 111.75 116.23 120.97 126.05 131.46
Other Services 10.14 11.02 12.05 13.1 14.02 14.89 16.08 17.8 19.17 20.62 19.63 20.22 20.57 21.08 22.35 23.97 25.1 25.33 26.03 26.45 27.1 28.29 29.71 30.5 31.07 31.94 33.09 34.22 35.35 35.94 36.78 37.83 39.18 40.54 41.93 43.33 44.72 46.24 47.79 49.34 50.88 52.39 54.04 55.7 57.37 59.11 60.85 62.64 64.6 66.65 68.83
Government 50.6 53.49 58.11 61.54 64.11 67.31 70.4 72.98 76.49 82.72 86.99 93.82 99.98 103.84 109.11 115.13 122.89 130.71 138.92 146.06 148.17 148.87 150.39 153.12 157.63 163.25 171.18 178.15 186.24 194.83 202.52 210.73 220.02 229.58 239.33 248.61 258.07 267.64 277.5 289.45 298.14 308.56 319.64 330.99 342.71 354.85 367.37 380.16 393.14 409.27 421.41
Total Gross State Product (Chained 2009 Dollars) 611.53 640.43 663.84 689.78 718 748.92 799.31 859.25 899.26 933.89 958.23 981.19 982.01 1,028.86 1,049.88 1,099.74 1,156.13 1,172.02 1,169.26 1,192.41 1,234.80 1,318.50 1,374.93 1,426.42 1,469.10 1,516.20 1,578.30 1,623.95 1,670.40 1,725.94 1,779.96 1,832.72 1,888.94 1,944.44 1,999.40 2,059.41 2,121.91 2,188.54 2,257.23 2,328.10 2,399.82 2,472.87 2,548.23 2,627.04 2,707.57 2,790.18 2,874.78 2,961.16 3,049.07 3,143.37 3,243.25

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