Texas's share of the national economy in 2011: 8.7%
Wed June 6, 2012 5:59 pm

The Economix blog in the New York Times carried the news that the Texas economy grew 3.3% last year, trailing only North Dakota and West Virginia, two states that rely heavily on energy fuel, and Oregon, which posted a 4.7% gain in manufacturing.

From the article:

The Texas economy grew 3.3 percent in 2011, and the growth was broad-based. Not just oil, not just manufacturing. Texas now accounts for 8.7 percent of the nation’s economy, up from 7.4 percent a decade ago.

The GDP growth by region of the country:

Mideast (Atlantic) 0.9%

Southeast 0.9%

Plains 1.0%

Rocky Mountains 1.4%

Great Lakes 1.4%

New England 1.8%

Far West 2.1%

Southwest 2.7% (Texas balanced struggling economies in NM and OK)

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