State economy again expands faster than nation
News Staff
Wednesday, April 10, 2024
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The state’s economy continues to grow faster than the nation as a whole. Data from the Bureau of Economic Analysis indicates gross domestic product for Texas grew in 2023 at an annual rate of 5.7%, more than double the national average of 2.5%. The state also continues to lead the nation in job creation, adding almost 50,000 new jobs in February.