Economy of Texas

The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.636 trillion as of 2023. In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. As of 2023, Texas grossed more than $440 billion a year in exports, more than double the next highest state California.

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