Economic forecasting and analysis Forms for Dallas
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FAQ
The Texas economy today relies largely on information technology, oil and natural gas, aerospace, defense, biomedical research, fuel processing, electric power, agriculture, and manufacturing.
In the Dallas area, the top industries are technology, financial services and defense. In the Fort Worth area, the major industries are oil and gas, manufacturing, and aviation and aerospace. Unemployment in the area is slightly below the national average.
As the 9th largest economy among the nations of the world, Texas offers a business-friendly climatewith no corporate or personal income taxalong with a highly skilled workforce, easy access to global markets, robust infrastructure and predictable regulations.
Houston, Texas Perhaps those factors led to its high ranking on the Milken index for job growth. The Houston city area also scored high on Policom's index for economic strength that looks at consistent economic growth over time. Houston is a good economic bet for the long term.
The World's 9th Largest Economy.
These four factors are high rates of international immigration and population growth; high oil and gas prices; low housing costs and population density; and Texas' prime location along the Mexican border.