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Texas Economic Forecast 2017-18

Nominal Gross State Product Detail
Fiscal Years 1991-2046

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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 2042 2043 2044 2045 2046
Total Gross State Product (Current Dollars) 400.4 421.8 452.1 481.6 511.9 549.9 602.3 640.6 671.8 728.5 771.3 784.1 817.5 891.5 965.8 1,067.10 1,154.70 1,242.30 1,174.50 1,221.70 1,317.50 1,414.50 1,513.40 1,599.70 1,619.60 1,601.60 1,698.60 1,811.40 1,912.60 2,016.60 2,124.40 2,239.50 2,359.50 2,484.10 2,606.80 2,732.20 2,863.50 3,008.00 3,161.80 3,321.80 3,488.90 3,662.60 3,842.00 4,034.80 4,233.60 4,442.40 4,658.80 4,884.30 5,118.80 5,368.60 5,629.90 5,903.40 6,187.00 6,487.20 6,802.10 7,131.40
Goods (Current Dollars) 119 121 126.9 135 143.7 155.9 170.5 174.2 172.8 190.1 207.6 203 216.3 259.3 292.3 340.4 377.9 426.4 351 370.4 425.8 464.9 521 548.2 498.3 440.2 475.3 507.8 542.3 579.8 613.7 650.5 685.8 718.1 750.6 785.5 822.8 864.8 907 952.2 1,001.80 1,051.10 1,101.20 1,153.60 1,207.80 1,264.80 1,324.20 1,384.00 1,445.80 1,510.50 1,581.50 1,656.00 1,733.80 1,815.30 1,901.10 1,989.90
Agriculture 5.4 5.6 5.1 5.6 5.3 6.3 6.6 6 6.3 6.4 6.1 6.8 7.8 9.4 8.5 7.7 7.4 7.4 6.4 9.5 9.8 9.5 10.3 11.1 11.3 9.8 9.6 10.3 10.6 10.9 11.1 11.4 11.6 11.8 11.9 12 12.1 12.2 12.3 12.4 12.4 12.5 12.6 12.7 12.7 12.8 12.9 13.1 13.5 13.9 14.3 14.8 15.2 15.5 15.9 16.2
Mining (Oil and Gas) 27.1 26.3 26.5 27.6 27.2 31.2 36.3 29.7 28.1 39.7 52.1 47.6 58.9 71.5 90.3 115.8 127.6 183.3 127.7 129.6 154.1 176.3 207.6 234.9 174 114.4 135.6 137.8 145 158.6 166.8 176.4 182.7 185.1 188.7 195 203.5 215.8 226.9 239.9 253.7 265.4 277.2 287.8 297.8 308.2 319.4 328.5 337 345.2 355.6 367.1 380.1 392.8 406.6 420
Construction 15.9 16.6 17.7 19.5 21.5 24.1 25.3 30.8 35.3 38.9 42.1 42.4 43.6 43 46.6 54.6 62.8 65.4 63.1 57.8 58.6 65.2 71 77.2 85.5 90 95.8 103.6 111.2 118.4 125.5 133.3 141.8 150.3 158 165.3 172.7 180.4 188.5 197.1 207.4 218.4 229.5 241.9 255.2 269.2 283.4 297.7 312.2 327.9 345.5 364.5 383.5 404 426 449.7
Manufacturing 70.7 72.5 77.5 82.3 89.8 94.2 102.2 107.7 103.1 105.2 107.2 106.2 105.9 135.3 146.8 162.4 180 170.3 153.8 173.5 203.3 214 232.1 224.8 227.5 226 234.3 256.1 275.4 292 310.3 329.4 349.7 370.9 392 413.1 434.5 456.3 479.3 502.8 528.3 554.8 581.9 611.3 642.1 674.6 708.5 744.7 783.1 823.4 866.1 909.6 955 1,003.00 1,052.70 1,104.00
Services (Current Dollars) 281.4 300.9 325.2 346.6 368.2 394.1 431.8 466.4 499 538.4 563.7 581.2 601.2 632.2 673.5 726.7 776.9 815.8 823.5 851.3 891.7 949.5 992.4 1,051.50 1,121.30 1,161.40 1,223.30 1,303.70 1,370.30 1,436.80 1,510.70 1,589.00 1,673.70 1,766.00 1,856.30 1,946.80 2,040.70 2,143.20 2,254.80 2,369.60 2,487.10 2,611.40 2,740.80 2,881.20 3,025.80 3,177.60 3,334.60 3,500.30 3,673.00 3,858.20 4,048.40 4,247.30 4,453.20 4,671.90 4,901.10 5,141.50
Trade, Transportation and UtilitiesSubtotal 80.4 84.9 91.7 99.8 106.2 112.7 122.1 131 140.1 150.9 158.2 153.8 155.9 167.5 179.9 198.5 209.4 218.5 216.8 225.1 238.7 266 277.9 293.1 313.6 318.8 335 359 380.1 401 422.5 445.2 470.6 497.8 524.4 551.3 579 607.4 637.8 668 699.4 732.1 765.5 801.8 838.8 877.7 917.5 959 1,002.90 1,048.50 1,096.10 1,145.80 1,197.70 1,252.70 1,309.20 1,367.60
Wholesale 26.3 27.5 29.6 32.4 34.2 37.4 42.1 45.6 48.3 53.9 52.7 51.2 51.9 58.4 66.7 72.9 80.9 86.9 84.9 89.5 96.3 108.5 115.4 122 131.7 132.2 139.1 150.9 163 176 189.1 202.5 217.3 233.3 249.1 264.8 281.1 297.3 314.4 331.8 350.3 369.9 390.3 412.6 435.8 460.5 485.5 511.5 539.5 568.3 598 629.3 662.1 696.9 733.1 771.1
Retail 27.8 29.4 32.3 35.3 37.8 40.2 42.9 45.3 47.8 50.4 52.3 54.3 55.2 56.6 59.3 64.4 66.8 67.4 68 70.2 72.3 78.2 82.6 87.6 93.5 96.7 100.3 106 110.8 115.3 120.1 125.3 131.3 137.8 144.2 150.5 157.4 164.9 173.2 181.4 189.8 198.5 207.6 217.7 227.9 238.7 249.8 261.6 273.8 286.7 300.9 315.5 330.8 347.1 363.6 380.1
Transportation and Utilities 26.4 28 29.8 32.2 34.2 35.1 37.2 40.1 44 46.5 53.3 48.3 48.8 52.5 53.9 61.2 61.8 64.3 63.9 65.4 70.1 79.3 79.9 83.6 88.5 89.9 95.6 102 106.3 109.6 113.3 117.4 122 126.7 131.2 136 140.6 145.2 150.2 154.8 159.3 163.7 167.7 171.5 175 178.6 182.2 185.9 189.6 193.4 197.3 201 204.8 208.7 212.5 216.4
Information 17.2 18.3 20.3 21.9 23.8 26 28.3 30.9 33.2 34.4 34.5 36.9 38.1 41.8 42.7 43.5 47.5 49.9 46.4 45.6 44.9 44.4 46.3 48.1 51.7 54.4 56.4 60.9 65.7 71.1 77.4 83.7 89.5 96 102.5 109.1 116.2 124.6 134.2 143.8 154.8 166.9 179.7 193.6 208.4 224.8 242.8 263 285.3 310.1 336.7 365.6 396.4 429.7 465.5 504
Financial Activities 57.6 62.6 67 70.6 75.3 80.5 89.5 98.2 105.6 113.9 117 121 125.4 126.9 138.1 147.4 157.8 160.2 159.1 166.2 178.3 189.8 199.3 216.3 227.2 233.4 249.6 263.9 274.4 285.2 297.1 308.5 320.9 335.2 349.6 363.7 377.8 393.5 411.3 430.2 450.3 470.4 491.4 515 540 566.3 592.9 620.4 648.4 676.8 707.9 740.2 774.1 810.1 847.8 887.3
Professional and Business Services 29.9 32.3 34.9 36.9 39.5 44.6 51.7 58.4 63.3 69.6 77 79.3 80.9 86.3 93.9 104.3 114.8 126.5 124.9 125.9 134.4 143.3 151.9 163.7 177.2 185.7 197.1 215.7 232.7 247.7 264.9 284.2 304.8 326.6 347.3 368.9 392.1 417.6 445.4 474 504.4 536.3 569.6 605.3 642.3 681.2 722.1 765.5 809.4 856.9 906.1 954.6 1,002.90 1,054.00 1,107.80 1,164.90
Educational and Health Services 21.8 23.5 25.8 27.6 29.1 31.1 34.1 36.7 38.9 41.4 44.7 49.3 52 55.2 57.1 61 64.3 68.6 75.2 79.5 82.5 85.2 88.6 91.9 98.5 104.9 110.9 116.9 120.9 126 132.5 140.2 148.3 157.8 167.6 177.4 187.5 198.6 209.7 220.3 231.5 243.5 256.1 269.5 282.4 295 307.6 321 335.3 350.7 367.1 384 401.9 421.1 441 461.6
Leisure and Hospitality 13.3 14 15 15.5 16.4 17.4 19.7 21.2 23.3 26 26.4 27.5 29 30.5 31.3 34.2 36.5 37.4 37.6 38 39.5 42 44.2 48.3 54.6 58.6 61.5 64.8 66.7 68.4 70.8 73 75.4 77.9 80.2 82.1 84.4 87.2 90.4 93.3 96.6 100 103.5 107.1 111 114.9 119.2 123.6 128.3 133.2 138.4 143.6 149 154.4 160.1 165.6
Other Services 10.3 11 12 13 13.9 14.6 16.3 17.4 18.3 20 19.2 19.9 20.2 20.6 21.6 23 24.2 24.5 25.3 25.4 26 27.5 29.1 30.9 32.9 34.1 35.8 37.7 38.9 39.2 40.1 41.2 42.6 44.1 45.4 46.7 47.9 49.3 50.8 52.3 53.7 55.2 56.7 58.3 59.9 61.5 63.1 64.8 66.6 68.5 70.4 72.5 74.6 76.9 79.2 81.5
Government 50.8 54.2 58.4 61.3 64.1 67 70.1 72.5 76.2 82.4 86.7 93.5 99.7 103.5 108.7 114.7 122.4 130.2 138.3 145.6 147.5 151.3 155.1 159.2 165.6 171.5 177 184.8 190.9 198.1 205.3 213 221.5 230.5 239.3 247.5 255.9 264.9 275.4 287.7 296.4 307.1 318.4 330.6 343.2 356.1 369.4 383 396.7 413.4 425.5 441 456.6 473 490.5 508.8
Total Gross State Product (Chained 2009 Dollars) 599.8 620.7 652.1 682.6 710.1 743.7 801.6 855.6 891.9 925.5 949.7 966.9 969.5 1,014.30 1,040.30 1,091.90 1,156.30 1,171.50 1,169.50 1,188.80 1,225.30 1,292.40 1,363.00 1,411.40 1,487.10 1,491.90 1,536.10 1,593.40 1,644.60 1,693.30 1,745.40 1,797.80 1,853.50 1,908.80 1,956.80 2,005.40 2,058.80 2,116.50 2,179.00 2,242.40 2,307.40 2,373.00 2,437.90 2,507.00 2,575.90 2,645.70 2,717.90 2,792.70 2,869.80 2,951.40 3,033.50 3,116.30 3,199.90 3,286.50 3,375.90 3,468.00

Source: Glenn Hegar, Texas Comptroller of Public Accounts, Fall 2017 Forecast.