transparency

Summer 2018 Economic Forecast

Texas Economy Detail
Calendar Years 1990—2046

Download Data (CSV)

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 2042 2043 2044 2045 2046
Texas Exports (Millions of Dollars) 37,404 42,518 45,135 47,211 54,229 62,221 66,883 76,192 78,878 83,190 103,909 95,054 95,491 98,934 117,375 129,232 150,749 168,069 192,147 162,919 206,910 250,224 265,352 279,695 289,023 251,087 232,588 264,086 288,440 303,665 323,641 342,462 363,847 385,893 407,412 427,242 445,952 465,362 485,469 506,445 528,328 551,156 574,970 599,813 625,730 652,767 680,971 710,395 741,089 773,110 806,515 841,362 877,716 915,640 955,203 996,476 1,039,531
Energy and Mining
Oil Production (Millions of Barrels) 639.7 642.3 612.4 576.4 542.1 513.9 493.9 479.7 448.2 394.3 398.3 381.4 362.9 358.8 349.4 348.5 345.6 341.1 347.7 349 370.6 458.2 627.9 816 1,030.50 1,119.10 1,022.40 1,008.70 1,254.20 1,562.80 1,722.10 1,841.70 1,939.20 2,014.50 2,077.60 2,115.50 2,148.20 2,172.60 2,196.90 2,204.40 2,214.50 2,213.90 2,211.00 2,194.70 2,182.80 2,169.10 2,159.20 2,135.00 2,114.10 2,090.00 2,068.10 2,030.80 1,994.80 1,953.70 1,912.40 1,854.40 1,795.10
Natural Gas Production (Millions of MCF) 5,398.70 5,276.60 4,734.70 4,894.30 4,961.10 4,983.40 5,068.90 5,102.80 5,167.20 5,005.60 5,240.90 5,229.10 5,084.00 5,190.00 5,022.40 5,239.50 5,523.20 6,094.00 6,913.90 6,781.20 6,686.70 7,089.10 7,459.00 7,619.60 7,973.80 7,907.20 7,326.80 7,397.60 7,892.00 7,980.90 8,032.00 8,020.60 8,019.40 8,018.20 8,032.80 8,017.10 8,016.90 8,016.80 8,032.00 8,016.70 8,016.70 8,016.70 8,032.00 8,016.70 8,016.70 8,016.70 8,032.00 8,016.70 8,016.70 8,016.70 8,032.00 8,016.70 8,016.70 8,016.70 8,032.00 8,016.70 8,016.70
NYMEX Oil Price ($/Barrel) $24.50 $21.46 $20.57 $18.48 $17.18 $18.40 $22.01 $20.61 $14.43 $19.24 $30.20 $25.90 $26.08 $31.04 $41.40 $56.56 $66.22 $72.31 $99.65 $61.80 $79.53 $95.12 $94.21 $97.97 $93.00 $48.79 $43.32 $50.80 $66.00 $62.00 $59.00 $56.00 $55.00 $55.00 $55.00 $57.00 $63.00 $71.00 $78.00 $82.00 $85.00 $87.00 $88.00 $88.00 $88.00 $88.00 $89.00 $89.00 $89.00 $89.00 $89.00 $89.00 $89.00 $89.00 $89.00 $89.00 $89.00
NYMEX Natural Gas Price ($/Million BTUs) #N/A #N/A #N/A #N/A $1.95 $1.69 $2.51 $2.47 $2.16 $2.31 $4.31 $4.03 $3.36 $5.50 $6.19 $9.00 $6.99 $7.12 $8.90 $4.16 $4.40 $4.03 $2.82 $3.73 $4.28 $2.63 $2.55 $3.00 $2.90 $2.90 $2.80 $2.90 $3.00 $3.20 $3.45 $3.55 $3.60 $3.60 $3.60 $3.60 $3.65 $3.65 $3.65 $3.65 $3.65 $3.65 $3.65 $3.70 $3.70 $3.70 $3.70 $3.70 $3.70 $3.70 $3.75 $3.75 $3.75
Rig Count 349 322 251 268 274 251 283 358 302 226 343 462 338 449 506 613 746 834 898 431 659 838 899 835 882 430 236 430 542 600 535 490 461 443 447 480 530 589 651 695 719 733 741 745 748 749 750 750 750 751 751 751 751 751 751 751 751
Construction
Total Housing Starts (Thousands) 52.6 56.4 71.7 86.5 109.6 110.1 122.3 131.8 157.3 147.2 143.1 147.9 162.6 176.4 178.5 199.2 207.2 167.8 126.5 81.5 85.2 93.9 123.4 138.8 156.9 169.6 163.1 170.6 193.2 204.7 211 216.6 220.5 221.9 222 222.1 221.8 219.7 215.2 217.5 224 225.9 223 225.9 233.5 242 246 247.8 248.2 247.3 249.8 252.5 254.5 257.7 262.8 268.3 273.2
Single-Family (Thousands) 43.9 47.6 62.6 74.9 80.5 79.8 91.9 89.3 109.9 107.8 112.3 118.8 126.9 138.1 145.9 166.5 167.9 123.9 82.3 67.4 70.4 66 81.3 89.7 101.7 108.5 110.2 117.1 129.5 134.6 137 139.1 140.7 142.4 143.1 143.5 143 140.6 135.7 137.1 142.5 143.7 139.6 141.2 147.2 153.9 157.2 158.5 159.3 158.8 161.1 163.4 163.7 166.4 170.9 175.9 180.2
Multi-Family (Thousands) 8.7 8.7 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 14.7 27.9 42.1 49.1 55.3 61.1 52.9 53.5 63.7 70.1 74 77.5 79.8 79.5 79 78.6 78.8 79.1 79.5 80.4 81.5 82.1 83.4 84.7 86.3 88.1 88.8 89.3 89 88.5 88.7 89.1 90.8 91.3 91.9 92.4 93
Total Automobile Sales (Thousands) 960.8 877.6 889.2 941.5 1019.3 1127.4 1166.5 1144.3 1212.7 1284.8 1414.8 1451.7 1357.2 1276.8 1252.3 1275.7 1296.2 1388.9 1176.2 850.6 916.7 1025 1276.7 1422.7 1572.4 1585.9 1549.1 1539.7 1587.4 1607.7 1565 1641.1 1742 1746.3 1703.7 1701.9 1703.1 1685.2 1707.2 1724.3 1722.4 1733.1 1743.6 1759.6 1781.1 1797.3 1807.8 1816.3 1822.8 1828.7 1832.8 1830.5 1838.2 1853.8 1862.1 1874.5 1886.5
Cars
(Thousands)
565.4 509.1 484.7 500.5 539 586.3 585.7 552.4 547.9 569 603.6 587.6 535.4 486.2 469.2 514.9 536.3 565 532.5 384.9 378.1 424.3 561.8 618.7 663 630.4 571.4 509.2 538.7 548.4 513.1 519.6 538.3 548.3 539.1 532.3 532.4 524.3 530.2 532.1 527.7 530.2 529.2 530 533.3 531.7 531.3 532.5 533.2 533.7 533.7 532.1 530.6 530 527.4 525.2 522.7
Trucks
(Thousands)
395.3 368.5 404.5 441 480.3 541.2 580.8 591.9 664.9 715.8 811.2 864.1 821.8 790.7 783.1 760.8 760 823.8 643.7 465.7 538.5 600.7 714.9 804 909.3 955.5 977.7 1030.6 1048.7 1059.3 1051.9 1121.4 1203.7 1198 1164.6 1169.6 1170.7 1161 1177.1 1192.3 1194.7 1202.9 1214.4 1229.6 1247.8 1265.6 1276.4 1283.9 1289.5 1295 1299.1 1298.4 1307.6 1323.8 1334.6 1349.3 1363.7
Retail Sales, Excluding Automobiles, Gasoline (Millions of Dollars) #N/A #N/A #N/A #N/A #N/A #N/A #N/A 121,745.70 127,637.60 135,650.50 142,243.60 145,071.10 147,468.70 152,820.30 162,532.60 177,193.00 190,824.00 199,511.00 202,690.10 196,478.00 202,288.50 214,633.10 224,021.60 232,811.50 247,049.80 257,194.50 265,295.80 277,283.70 291,830.10 306,283.90 323,350.50 340,134.80 356,767.00 373,432.00 388,662.00 402,645.30 417,987.50 435,094.50 453,721.70 473,693.60 493,549.40 514,134.90 535,707.40 558,854.80 583,546.80 608,673.90 634,673.40 662,035.00 690,690.10 720,845.00 752,637.90 786,089.90 822,039.00 859,793.90 899,065.50 939,116.50 981,242.90

Source: Glenn Hegar, Texas Comptroller of Public Accounts, Summer 2018 State Economic Forecast.