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Texas cities dominate GDP growth listTexas cities dominate GDP growth listhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=81352013-02-26T06:53:00Z2013-02-24T00:00:00Z

TEXAS - Many Texas cities have shown significant growth in gross domestic product (GDP). Houston area’s real GDP in 2011 grew 3.7 percent — the most of the ten largest metropolitan areas in the United States, according to the U.S. Bureau of Economic Analysis.

DFW followed with 3.1 percent growth, and the San Francisco area was No. 3 with 2.6 percent growth.

Among metropolitan areas with real GDP of more than $100 billion, the San Jose, Calif., area experienced the most growth with 7.7 percent.

Among those with real GDP of $10 billion to $100 billion, Midland, Texas, grew the most  at 9.5 percent.

And of those with real GDP of less than $10 billion, Odessa, Texas, topped the list, growing 15.2 percent.

Real GDP grew in 242 of the country’s 366 metropolitan areas, with overall combined growth of 1.6 percent in 2011. That’s down from 3.1 percent overall nationwide growth in 2010. Among all metropolitan areas in the study, Houston ranked No. 27 for GDP growth.

When ranked by total dollars in 2011, the Houston area’s $419.7 billion GDP ranked the area No. 5 among all metropolitan areas.

Houston Business Journal
Texas
Economy
http://www.bizjournals.com/houston/news/2013/02/22/houston-has-fastest-growing-gdp-of.htmlRead more at {Source}

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