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Texas Tops 2014 U.S. Commercial Real Estate MarketTexas Tops 2014 U.S. Commercial Real Estate Markethttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=99652015-07-14T11:21:00Z2015-07-14T00:00:00Z

The industry's contribution to the national economy rose by 40 percent in 2014, and commercial expenditures added up to $174.31 billion — the greatest volume since the recession. The industry supported almost four million jobs nationwide.

Texas had the largest direct commercial real estate expenditures last year at almost $42 billion. Over 776,000 of the state's jobs were derived in part or all from commercial real estate.

California was a distant second with $13 billion, followed by New York with $10.5 billion.

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Economy
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