Texas ranks first in the US in GDP

by marusia

Texas ranks first in the United States in GDP, population growth, and exports. There are other reasons for its economic strength.

For example, Texas has invested heavily in education. The state is home to more than 180 colleges and universities.

It produces half of the oil and a quarter of the natural gas in the United States. Texas is the number one state for wind energy and the second for solar energy. Several large companies have moved to Texas in recent years, including Dell, Tesla, and Hewlett-Packard.

Texas has no income tax, making it an attractive location for workers and businesses. Companies can attract workers, further stimulating the economy and accelerating its growth.

The good news is that things look set to improve in Texas, making it one of the most attractive states in the country.

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