Population changes in Texas

 Insider:

In this article, we will take a look at the 11 fastest declining cities in Texas. If you would like to skip our discussion on the Texas economy, you can go to the 5 Fastest Declining Cities in Texas.

Texas, the second-largest US state by land area, also has the second-highest GDP of $2.4 trillion as of 2022. The economy experienced a growth rate of 7.7% year-on-year during the third quarter of 2023, which is higher than the USA’s overall economic growth. This was the fourth consecutive quarter when the state’s economic growth surpassed the nation’s economic growth. The state’s economy is also the 8th largest in the world, surpassing the economies of individual nations like Canada and Australia. Texas is also a leader in exports, which exceed $486 billion annually, surpassing the combined exports of California and New York. These exports account for 22% of the total exports of the USA. It consistently ranks among the top states for job creation, with an employment gain of 3.1% in 2023.

The economy of Texas thrives on a wide range of industries, including corporate services, IT, aerospace and defense, biomedical research, manufacturing, and energy. Moreover, many famous companies are headquartered in Texas, such as Dell Technologies Inc. (NYSE:DELL), Schlumberger Limited (NYSE:SLB), AT&T Inc. (NYSE:T), Caterpillar Inc. (NYSE:CAT), Oracle Corporation (NYSE:ORCL), Exxon Mobil Corporation (NYSE: XOM) and Tesla (NASDAQ:TSLA). The state also won the Business Facilities’ State of the Year 2023 award for its business-friendly environment, including legislation and incentives. Due to its favorable business environment, it has managed to attract more than 290 companies since 2015 to set up their headquarters within the state.
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About 20 years ago I moved from my home in Houston to a rural area of Texas.  When I moved I built the second house on this part of the road.  Since then others have built in this area.  It is obviously not the same as metropolitan Houston where I moved from, but it is still a growing area within an hour of Houston and 30 minutes away from College Station. I like the rural setting and don't mind the growth in the area.  BTW, Wahington, Texas was one of the original settlements in the state.

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