New TexStats Dashboard Highlights Texas’ Historically Strong Economic Performance
As business leaders, we embrace not only sound policy, but also the tools that help businesses large and small continue to thrive.
Last week, Acting Texas Comptroller Kelly Hancock unveiled a new, important resource, the TexStats Statewide Economic Dashboard, which brings Texas’ key economic indicators together under a single, easy to navigate portal, including:
- Gross State Product (GSP), the total value of goods and services produced in Texas, underscoring the scale of the state’s economy
- Employment and workforce trends, tracking jobs, unemployment, and labor force participation
- Oil and natural gas rig counts, production, and prices, critical indicators for a cornerstone of Texas’ economic output
- Housing market indicators, including home sales, median home prices, and housing inventory
- Inflation measures, helping businesses and consumers assess purchasing power and price trends
Taken together, the dashboard reflects a Texas economy operating at historically strong levels, with employment and labor force participation near peak levels. Energy production remains elevated, reinforcing Texas’ role as a national economic and energy anchor, while housing markets show normalization rather than collapse, signaling resilience. Inflation remains present but clearly tracked and moderating from prior peaks, providing businesses with clearer signals for planning and investment decisions.
The new statewide portal provides entrepreneurs, CEOs, site selectors, and community leaders the real time data they need to make informed decisions about expansion, hiring, and capital investment. These indicators serve as critical business intelligence that helps drive investment, support job creation, and attract entrepreneurs seeking to build the next generation of Texas companies.
At the Texas Association of Business, this type of data access directly aligns with our core priorities. Championing the best business climate in the world requires more than strong policy positions. It requires timely, credible information that allows employers to anticipate change, respond to market signals, and engage policymakers with facts.
When business leaders, lawmakers, and agencies are working from the same data, decisions are more predictable, more competitive, and more responsive to the needs of job creators.
Tools like the TexStats dashboard reinforce a business climate that rewards innovation, investment, and growth, and help ensure Texas remains a place where employers can expand with confidence and communities can attract opportunity.
To view the Texas Comptroller’s new TexStats Statewide Economic Dashboard, click here.
-Megan Mauro, Interim President & CEO, Texas Association of Business
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