States · Texas
Texas Economy — Live Data
Tracking the Texas economy: unemployment at 4.3% (above the national rate of 4.2%), plus job growth, home prices, and income — all sourced from the Federal Reserve and Bureau of Labor Statistics, in plain English.
Unemployment Rate
4.3%
▲ Above US average (4.2%)
Nonfarm Jobs
14.42M
▲ +0.7% jobs YoY
House Prices (YoY)
+1.2%
▲ Rising
Per-Capita Income
$72K
▲ +3.7% vs prior year
Texas vs. United States — Unemployment
Texas
4.3%
United States
4.2%
Texas is running above the national unemployment rate. At 4.3% vs 4.2% nationally, local job seekers face a somewhat tougher market than the US average.
Jobs & Output
Nonfarm payrolls
14.42M
Job growth (YoY)
+0.7%
Real GDP (2025)
$2.28T
GDP growth (YoY)
+2.5%
Payrolls are monthly (BLS); GDP and income are annual (BEA). Key sectors in Texas: energy, technology, and aerospace.
What this means if you live or work in Texas
Job market
With unemployment at or above the national average, hiring in Texas is more employer-friendly — job seekers should expect more competition per opening.
Housing
House prices are rising moderately (+1.2% YoY) — a balanced market by recent standards.
Income
Per-capita personal income in Texas is $72,364, up 3.7% from the prior year. Compare against national inflation to gauge real purchasing power.
Key industries
Texas's economy leans on energy, technology, and aerospace — sector-specific national trends (energy prices, rates, consumer spending) hit this state through those channels first.
Data: FRED (Federal Reserve Bank of St. Louis) — series TXUR, TXNA, TXSTHPI, TXPCPI, TXRGSP — plus BLS and BEA. Live values load on page open; figures shown are the most recent official releases. Not financial advice.