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Texas Economic Publishers, Inc. 510 North Valley Mills Drive, Suite 300

Waco, TX 76710-6076 (800) 749-8705

THE PERRYMAN ECONOMIC FORECAST _________________________ SHORT-TERM OUTLOOK

for the United States,

Texas, and Lubbock Metropolitan Statistical Area

Fall 2016

Copyright 2016 The Perryman Group

www.perrymangroup.com

UNITED STATES OUTLOOK



USA Economic Indicators

Economic Outlook for USA 2016 - 2021

Key Indicator 2016 Level Projected 2021 Level

Projected Growth Rate*

Projected Increase

Real Gross Product* $16.713 trillion $19.337 trillion 2.96% $2.624 trillion

Population 323.993 million 336.043 million 0.73% 12.049 million

Employment* 144.340 million 156.561 million 1.64% 12.222 million

Real Personal Income* $14.522 trillion $16.481 trillion 2.56% $1.959 trillion

Industrial Production Index* 115.3 134.0 3.05% 18.7

Consumer Price Index* 111.6 123.4 2.03% 11.8

Interest Rates* 2.29% 3.12% 6.32% 0.82%

*Compound Annual Growth Rate, meaning that it reflects changes in the base from which growth is calculated. Real Gross Product and Real Retail Sales are computed in 2009 dollars. Real Personal Income by place of residence, in 2009 dollars. Employment is civilian non-agricultural employment. Industrial Production and Consumer Price Indices are given such that 2009 = 100. Interest rates for long-term, 20-year bonds. 'Projected Increase' may differ from the difference of the table values due to rounding. See the Appendices for further information.



Historical and Projected Values of Key Economic Indicators for USA

GROSS DOMESTIC PRODUCT - Billions of Dollars; REAL GROSS DOMESTIC PRODUCT - Billions of 2009 Dollars; INDUSTRIAL PRODUCTION INDEX 2009=100; PERSONAL INCOME - Billions of Dollars; REAL PERSONAL INCOME - Billions of 2009 Dollars; EMPLOYMENT - Millions of Persons;

POPULATION - Millions of Persons; DEFLATOR and INDICES - 2009=100; INTEREST RATES - Percent

Year Gross

Domestic Product

Real Gross Domestic Product

Personal Income

Real Personal Income

Total Employment Population

Implicit Price

Deflator

Personal Consumpt.

Deflator

Producer Price Index

Consumer Price Index

Industrial Production

Index

3-Month T-Bill

10-Year T-Bond

20-Year T-Bond

Prime Rate

Moody Aaa

2001 $10,621.760 $12,682.250 $8,991.575 $10,610.541 132.092 285.216 83.8 84.7 77.6 82.5 103.9 3.39% 5.02% 5.63% 6.92% 7.08%

2002 $10,977.327 $12,908.775 $9,153.850 $10,658.964 130.649 288.019 85.0 85.9 75.8 83.8 104.2 1.60% 4.61% 5.43% 4.68% 6.49%

2003 $11,509.855 $13,271.100 $9,491.100 $10,838.287 130.344 290.733 86.7 87.6 79.9 85.8 105.5 1.01% 4.02% 4.96% 4.12% 5.67%

2004 $12,274.056 $13,773.475 $10,052.900 $11,207.044 131.770 293.389 89.1 89.7 84.8 88.0 108.3 1.37% 4.27% 5.05% 4.34% 5.63%

2005 $13,092.874 $14,234.250 $10,614.075 $11,504.631 134.042 296.115 92.0 92.3 91.0 91.0 111.8 3.15% 4.29% 4.65% 6.19% 5.24%

2006 $13,855.598 $14,613.800 $11,393.950 $12,027.904 136.458 298.930 94.8 94.7 95.3 93.9 114.3 4.73% 4.79% 4.99% 7.96% 5.59%

2007 $14,477.215 $14,873.750 $12,000.175 $12,358.390 137.997 301.903 97.3 97.1 99.9 96.6 117.2 4.35% 4.63% 4.91% 8.05% 5.56%

2008 $14,719.147 $14,830.375 $12,502.225 $12,494.119 137.241 304.718 99.2 100.1 109.6 100.3 113.0 1.37% 3.67% 4.36% 5.09% 5.63%

2009 $14,418.750 $14,418.750 $12,094.800 $12,094.800 131.300 307.374 100.0 100.0 100.0 100.0 100.0 0.15% 3.26% 4.11% 3.25% 5.31%

2010 $14,963.756 $14,783.800 $12,477.125 $12,273.329 130.353 309.761 101.2 101.7 106.8 101.6 105.5 0.14% 3.21% 4.03% 3.25% 4.94%

2011 $15,517.382 $15,020.575 $13,254.525 $12,725.555 131.941 312.072 103.3 104.2 116.3 104.8 108.6 0.05% 2.79% 3.62% 3.25% 4.64%

2012 $16,155.102 $15,354.625 $13,915.125 $13,111.560 134.173 314.393 105.2 106.1 116.9 107.0 111.6 0.09% 1.80% 2.54% 3.25% 3.67%

2013 $16,690.979 $15,612.175 $14,073.675 $13,086.921 136.381 316.698 106.9 107.5 117.6 108.6 113.7 0.06% 2.35% 3.12% 3.25% 4.24%

2014 $17,392.367 $15,982.250 $14,809.750 $13,567.222 138.939 319.130 108.8 109.2 118.7 110.3 117.1 0.03% 2.54% 3.07% 3.25% 4.16%

2015 $17,980.191 $16,397.200 $15,458.525 $14,112.239 141.833 321.567 109.7 109.5 110.1 110.5 117.4 0.05% 2.14% 2.55% 3.26% 3.89%

2016 $18,569.963 $16,713.384 $16,057.332 $14,521.993 144.340 323.993 111.1 110.6 105.9 111.6 115.3 0.44% 1.96% 2.29% 3.52% 3.83%

2017 $19,335.634 $17,155.057 $16,735.649 $14,949.445 147.043 330.061 112.7 111.9 106.6 113.1 118.1 0.78% 2.23% 2.58% 3.97% 4.11%

2018 $20,350.137 $17,671.110 $17,543.610 $15,207.849 149.460 328.766 115.2 115.4 108.3 115.8 121.9 1.02% 2.37% 2.78% 4.06% 4.35%

2019 $21,358.145 $18,213.923 $18,356.900 $15,639.490 151.817 331.178 117.3 117.4 110.2 118.4 125.9 1.62% 2.47% 2.93% 4.14% 4.55%

2020 $22,408.790 $18,769.335 $19,176.591 $16,058.553 154.185 333.603 119.4 119.4 112.0 120.9 129.9 2.06% 2.54% 3.02% 4.22% 4.66%

2021 $23,503.469 $19,337.486 $20,021.904 $16,481.224 156.561 336.043 121.5 121.5 113.9 123.4 134.0 2.12% 2.62% 3.12% 4.30% 4.76%



TEXAS OUTLOOK



Texas Economic Indicators

Economic Outlook for Texas 2016 - 2021



Projected Increase

Real Gross Product* $1.496 trillion $1.830 trillion 4.11% $333.735 billion

Population 27.648 million 29.899 million 1.58% 2.252 million

Wage & Salary Employment 12.630 million 14.057 million 2.16% 1.426 million

Real Personal Income* $1.199 trillion $1.503 trillion 4.63% $304.137 billion

Real Retail Sales* $406.237 billion $513.329 billion 4.79% $107.091 billion

Total Housing Permits 161,354 170,800 1.14% 9,446

*Compound Annual Growth Rate, meaning that it reflects changes in the base from which growth is calculated. Real Gross Product and Real Retail Sales are computed in 2009 dollars. Real Personal Income by place of residence, in 2009 dollars. 'Projected Increase' may differ from the difference of the table values due to rounding. See the Appendices for further information.



Texas Employment and RGP

Projected 2016 - 2021 Texas Employment and Output (RGP) Growth by Sector

Sector Projected Employment Change


Projected Output Change


Agriculture 1,635 0.40% $0.902 billion 1.52%

Mining 53,704 4.13% $57.659 billion 6.41%

Construction 58,268 1.55% $10.558 billion 2.66%

Total Manufacturing 40,239 0.92% $43.158 billion 4.09%

Durable Mfg. 28,334 0.97% $26.811 billion 4.95%

Nondurable Mfg. 11,905 0.81% $16.346 billion 3.19%

Trade 215,439 2.09% $48.509 billion 4.20%

TWU* 41,973 1.62% $14.264 billion 3.51%

Information 15,321 1.41% $15.615 billion 4.74%

FIRE* 53,128 1.37% $36.779 billion 3.28%

Services 830,909 3.00% $88.438 billion 4.62%

Government 115,671 1.10% $17.854 billion 2.28%

TOTAL 1,426,287 2.16% $333.735 billion 4.11% *Compound Annual Growth Rate, meaning that it reflects changes in the base from which growth is calculated. TWU is Transportation, Warehousing, & Utilities; FIRE is Finance, Insurance, & Real Estate. See Appendices for more information.



Historical and Projected Values of Key Economic Indicators for Texas

GROSS AREA PRODUCT - Millions of Dollars; REAL GROSS AREA PRODUCT - Millions of 2009 Dollars; PERSONAL INCOME (By place of residence and work) - Millions of Dollars; REAL PERSONAL INCOME (By place of residence and work) - Millions of 2009 Dollars; EMPLOYMENT - Thousands of

Persons; TEXAS CONSUMER PRICE INDEX - 2009 = 100; GROSS PRODUCT DEFLATOR - 2009 = 100; POPULATION - Thousands of Persons; INDUSTRIAL PRODUCTION INDEX - 2009 = 100; LABOR PRODUCTIVITY - 2009 Dollars per Employee; RETAIL SALES - Millions of Dollars; REAL

RETAIL SALES - Millions of 2009 Dollars; HOUSING PERMITS - Number of Single and Multi-Family Units

Year Gross Area

Product

Real Gross Area

Product

Personal Income

(residence)


(residence)

Personal Income (work)

Real Personal Income (work)

Total Employment

Wage and Salary

Employment Population

Gross Product Deflator

Texas Consumer Price Index


Index

Labor Productivity

Retail Sales

Real Retail Sales

Housing Permits

2001 $787,652.216 $987,354.473 $633,552.727 $752,751.281 $519,607.158 $617,367.643 12,285.494 9,929.531 21,319.622 79.8 84.2 82.5 $99,436 N/A N/A 150,342

2002 $801,157.151 $1,002,146.652 $636,107.528 $749,409.524 $519,790.452 $612,374.320 12,303.640 9,867.412 21,690.325 79.9 84.9 82.5 $101,561 $245,031.016 $288,675.371 165,322

2003 $844,430.875 $1,003,300.897 $661,144.021 $759,842.840 $536,041.762 $616,064.703 12,386.927 9,819.597 22,030.931 84.2 87.0 79.5 $102,173 $260,239.606 $299,089.450 180,574

2004 $922,769.829 $1,051,862.223 $695,946.540 $781,209.858 $565,987.731 $635,329.252 12,638.243 9,931.490 22,394.023 87.7 89.1 90.0 $105,912 $287,819.410 $323,081.368 191,180

2005 $999,640.028 $1,071,744.854 $759,204.486 $823,632.187 $603,947.992 $655,200.298 13,040.929 10,171.832 22,778.123 93.3 92.2 88.5 $105,364 $311,006.173 $337,398.815 210,634

2006 $1,094,064.041 $1,132,578.414 $830,522.563 $875,965.336 $661,123.107 $697,297.040 13,521.904 10,525.554 23,359.580 96.6 94.8 98.0 $107,603 $326,896.061 $344,782.466 216,926

2007 $1,181,304.004 $1,179,291.408 $881,582.784 $914,062.094 $691,187.412 $716,652.168 14,044.615 10,858.622 23,831.983 100.2 96.4 103.8 $108,604 $342,286.512 $354,897.046 178,908

2008 $1,243,756.972 $1,186,664.833 $969,740.300 $968,104.067 $743,680.794 $742,425.989 14,410.295 11,098.302 24,309.039 104.8 100.2 100.6 $106,923 $378,747.252 $378,108.195 131,004

2009 $1,171,475.478 $1,171,475.478 $918,587.462 $918,587.462 $699,666.625 $699,666.625 14,256.867 10,812.718 24,801.761 100.0 100.0 100.0 $108,342 $333,529.527 $333,529.527 85,605

2010 $1,251,486.235 $1,208,105.012 $966,447.597 $954,635.635 $735,007.182 $726,023.894 14,291.050 10,790.781 25,245.717 103.6 101.2 103.4 $111,957 $342,514.408 $338,328.183 89,674

2011 $1,351,054.173 $1,250,161.613 $1,057,983.140 $1,012,413.434 $794,367.874 $760,152.668 14,719.181 11,042.608 25,657.477 108.1 104.5 109.3 $113,213 $370,842.031 $354,869.034 99,514

2012 $1,412,932.748 $1,316,342.216 $1,135,225.582 $1,065,757.672 $851,910.214 $799,779.234 15,126.524 11,367.650 26,094.422 107.3 106.5 117.5 $115,797 $391,582.057 $367,619.959 138,332

2013 $1,527,160.959 $1,364,980.672 $1,161,133.804 $1,071,865.829 $889,031.389 $820,682.650 15,563.461 11,671.372 26,505.637 111.9 108.3 124.7 $116,951 $412,196.814 $380,507.120 150,122

2014 $1,601,977.593 $1,420,844.181 $1,231,084.591 $1,114,692.553 $949,050.905 $859,323.546 15,981.815 12,034.808 26,956.958 112.7 110.4 126.9 $118,061 $442,023.603 $400,232.788 170,364

2015 $1,586,364.543 $1,475,441.128 $1,283,874.892 $1,166,090.928 $983,985.212 $893,713.426 16,427.126 12,357.980 27,279.123 107.5 110.1 132.9 $119,392 $438,888.228 $398,624.184 175,443

2016 $1,681,103.756 $1,496,216.648 $1,333,142.837 $1,198,880.650 $1,010,947.344 $909,133.797 16,806.055 12,630.475 27,647.888 112.4 111.2 126.2 $118,461 $451,731.796 $406,237.422 161,354

2017 $1,815,653.818 $1,561,348.418 $1,424,906.246 $1,258,494.654 $1,079,809.762 $953,701.212 17,231.579 12,941.547 28,096.713 116.3 113.2 132.5 $120,646 $483,588.589 $427,111.367 152,505

2018 $1,940,549.634 $1,628,889.311 $1,527,621.444 $1,320,402.619 $1,161,128.585 $1,003,623.791 17,628.334 13,230.934 28,559.995 119.1 115.7 139.8 $123,112 $519,238.239 $448,804.600 166,500

2019 $2,072,734.814 $1,698,399.670 $1,637,176.839 $1,383,571.369 $1,248,418.116 $1,055,032.982 18,016.144 13,513.336 29,028.262 122.0 118.3 147.6 $125,683 $557,324.360 $470,992.509 170,752

2020 $2,205,252.382 $1,763,554.538 $1,745,409.354 $1,442,365.986 $1,328,844.530 $1,098,126.434 18,391.258 13,784.774 29,460.972 125.0 121.0 153.8 $127,935 $595,135.160 $491,805.954 172,874

2021 $2,344,338.184 $1,829,951.817 $1,859,836.002 $1,503,017.678 $1,413,755.753 $1,142,520.032 18,767.561 14,056.762 29,899.467 128.1 123.7 160.1 $130,183 $635,193.456 $513,328.591 170,800



Historical and Projected Values of Per Capita Key Indicators for Texas

PER CAPITA GROSS AREA PRODUCT - Thousands of Dollars; PER CAPITA REAL GROSS AREA PRODUCT - Thousands of 2009 Dollars; PER CAPITA PERSONAL INCOME (By place of residence and work) - Thousands of Dollars; PER CAPITA REAL PERSONAL INCOME (By place of residence and work)

- Thousands of 2009 Dollars; PER CAPITA RETAIL SALES - Thousands of Dollars; PER CAPITA REAL RETAIL SALES - Thousands of 2009 Dollars

Year Per Capita Gross Area Product

Per Capita Real Gross Area Product

Per Capita Personal Income (by residence)

Per Capita Real Personal Income

(by residence)

Per Capita Retail Sales

Per Capita Real Retail Sales

2001 $36.945 $46.312 $29.717 $35.308 N/A N/A

2002 $36.936 $46.202 $29.327 $34.550 $11.297 $13.309

2003 $38.329 $45.541 $30.010 $34.490 $11.812 $13.576

2004 $41.206 $46.971 $31.077 $34.885 $12.853 $14.427

2005 $43.886 $47.052 $33.330 $36.159 $13.654 $14.812

2006 $46.836 $48.485 $35.554 $37.499 $13.994 $14.760

2007 $49.568 $49.484 $36.992 $38.354 $14.362 $14.892

2008 $51.164 $48.816 $39.892 $39.825 $15.581 $15.554

2009 $47.234 $47.234 $37.037 $37.037 $13.448 $13.448

2010 $49.572 $47.854 $38.282 $37.814 $13.567 $13.401

2011 $52.657 $48.725 $41.235 $39.459 $14.454 $13.831

2012 $54.147 $50.445 $43.505 $40.842 $15.006 $14.088

2013 $57.616 $51.498 $43.807 $40.439 $15.551 $14.356

2014 $59.427 $52.708 $45.669 $41.351 $16.397 $14.847

2015 $58.153 $54.087 $47.064 $42.747 $16.089 $14.613

2016 $60.804 $54.117 $48.219 $43.362 $16.339 $14.693

2017 $64.622 $55.571 $50.714 $44.792 $17.212 $15.201

2018 $67.946 $57.034 $53.488 $46.233 $18.181 $15.714

2019 $71.404 $58.508 $56.399 $47.663 $19.199 $16.225

2020 $74.853 $59.861 $59.245 $48.959 $20.201 $16.693

2021 $78.407 $61.203 $62.203 $50.269 $21.244 $17.168



Historical and Projected Values of Nominal Gross Product by Major Industrial Classification for Texas

NOMINAL GROSS PRODUCT - Millions of Dollars

Year Agriculture Mining Construction Total Manufacturing

Durable Manufacturing

Nondurable Manufacturing Trade

Transportation, Warehousing

& Utilities Information

Finance, Insurance & Real Estate

Services Government Total All Industries

2001 $6,433.951 $52,517.632 $41,410.166 $107,163.534 $54,465.756 $52,697.778 $110,036.201 $53,283.246 $37,171.022 $122,461.275 $167,530.559 $89,644.630 $787,652.216

2002 $7,048.400 $48,470.279 $42,494.629 $105,830.856 $56,065.916 $49,764.940 $109,946.119 $47,272.726 $40,017.970 $127,365.870 $176,672.289 $96,038.012 $801,157.151

2003 $8,461.054 $63,267.337 $44,885.973 $109,991.094 $55,323.170 $54,667.924 $114,326.363 $48,631.753 $39,766.595 $130,581.943 $182,516.958 $102,001.804 $844,430.875

2004 $9,834.357 $73,367.633 $48,046.471 $142,055.709 $64,626.409 $77,429.300 $120,832.428 $52,769.142 $42,308.517 $131,662.255 $195,848.686 $106,044.632 $922,769.829

2005 $8,438.182 $99,766.478 $53,086.977 $147,339.192 $70,561.286 $76,777.905 $131,229.235 $54,982.836 $42,007.953 $141,411.524 $209,241.706 $112,135.945 $999,640.028

2006 $7,573.972 $116,124.740 $59,564.194 $168,111.823 $80,797.326 $87,314.497 $140,983.812 $63,061.691 $42,773.116 $149,896.247 $228,026.708 $117,947.738 $1,094,064.041

2007 $8,416.335 $137,000.892 $64,568.076 $182,402.788 $82,308.940 $100,093.848 $150,146.082 $63,763.002 $48,955.424 $155,815.080 $244,644.701 $125,591.625 $1,181,304.004

2008 $7,400.246 $184,008.967 $64,036.429 $163,669.955 $84,420.629 $79,249.326 $154,598.804 $66,320.397 $48,965.296 $161,732.315 $260,827.865 $132,196.700 $1,243,756.972

2009 $6,182.296 $118,663.858 $61,052.039 $155,927.304 $75,606.044 $80,321.260 $151,935.819 $64,890.514 $46,213.763 $163,567.053 $263,041.555 $140,001.276 $1,171,475.478

2010 $10,083.912 $132,734.681 $59,565.544 $179,848.676 $79,480.420 $100,368.256 $161,274.872 $70,599.034 $45,254.995 $170,901.459 $274,494.913 $146,728.148 $1,251,486.235

2011 $9,971.250 $162,333.397 $60,725.230 $209,443.103 $87,920.863 $121,522.240 $171,740.902 $74,601.832 $44,938.987 $181,668.849 $287,905.760 $147,724.864 $1,351,054.173

2012 $9,414.502 $152,628.984 $67,089.437 $216,712.681 $92,888.596 $123,824.086 $189,889.282 $78,729.499 $45,333.543 $194,892.742 $305,527.626 $152,714.451 $1,412,932.748

2013 $10,905.011 $204,392.956 $72,383.550 $233,084.619 $98,975.131 $134,109.487 $199,536.406 $80,356.168 $49,982.876 $203,481.062 $317,338.620 $155,699.689 $1,527,160.959

2014 $11,860.485 $212,528.509 $78,869.475 $222,935.276 $103,222.728 $119,712.547 $213,077.299 $85,252.162 $53,972.141 $218,762.836 $344,156.902 $160,562.507 $1,601,977.593

2015 $10,749.969 $135,588.782 $84,938.055 $227,507.836 $104,122.014 $123,385.821 $222,657.543 $88,410.420 $56,988.241 $227,557.501 $366,320.942 $165,650.332 $1,586,369.621

2016 $10,189.878 $144,661.687 $89,712.843 $230,545.858 $105,353.169 $125,192.689 $238,727.659 $92,566.573 $58,997.526 $244,414.406 $396,449.562 $174,848.600 $1,681,114.592

2017 $10,326.583 $178,127.864 $95,122.287 $244,805.102 $111,792.731 $133,012.372 $255,874.341 $97,787.357 $61,608.260 $259,663.671 $428,178.832 $184,177.030 $1,815,671.329

2018 $10,781.820 $200,127.944 $101,046.469 $259,612.491 $118,400.632 $141,211.860 $272,201.803 $102,886.713 $65,084.095 $273,749.559 $461,963.971 $193,119.722 $1,940,574.586

2019 $11,252.577 $224,742.094 $107,055.724 $275,144.965 $125,238.719 $149,906.246 $289,074.923 $108,175.490 $68,678.845 $288,478.850 $497,777.317 $202,387.339 $2,072,768.124

2020 $11,745.372 $244,076.126 $112,836.405 $291,597.618 $132,141.574 $159,456.044 $305,917.944 $114,027.038 $72,288.542 $305,110.213 $535,660.315 $212,035.330 $2,205,294.903

2021 $12,254.794 $264,388.618 $118,878.921 $308,969.732 $139,361.628 $169,608.104 $323,480.348 $120,102.330 $76,002.788 $322,559.268 $575,727.477 $222,026.629 $2,344,390.904



Historical and Projected Values of Real Gross Product by Major Industrial Classification for Texas

REAL GROSS PRODUCT - Millions of 2009 Dollars








2001 $6,494.518 $97,059.558 $64,097.492 $117,228.585 $50,389.908 $66,838.678 $129,242.332 $65,656.309 $33,918.206 $140,245.933 $211,285.033 $122,126.507 $987,354.473

2002 $7,720.830 $103,177.634 $62,811.716 $118,113.678 $51,614.914 $66,498.763 $129,475.652 $58,950.063 $37,121.882 $141,567.817 $217,192.062 $126,015.318 $1,002,146.652

2003 $8,328.424 $88,931.734 $63,388.043 $121,798.667 $51,871.425 $69,927.241 $135,785.426 $59,074.065 $36,803.121 $141,286.900 $219,728.099 $128,176.418 $1,003,300.897

2004 $8,321.642 $84,946.903 $63,006.328 $157,180.699 $61,218.157 $95,962.542 $140,171.575 $63,502.323 $39,644.138 $139,581.246 $228,593.784 $126,913.586 $1,051,862.223

2005 $8,363.458 $83,457.867 $62,717.474 $152,708.134 $68,006.165 $84,701.969 $148,596.392 $64,224.019 $40,248.352 $146,245.677 $236,475.932 $128,707.550 $1,071,744.854

2006 $7,859.745 $91,636.506 $64,275.502 $170,996.891 $79,149.735 $91,847.156 $154,756.738 $70,153.260 $41,570.445 $152,003.118 $249,390.285 $129,935.924 $1,132,578.414

2007 $6,790.415 $100,729.853 $65,482.684 $181,671.026 $84,058.228 $97,612.798 $161,160.169 $69,898.004 $48,326.899 $155,672.327 $256,774.227 $132,785.802 $1,179,291.408

2008 $5,890.607 $104,786.749 $64,939.139 $165,213.418 $87,715.953 $77,497.465 $161,929.610 $71,386.179 $48,989.600 $159,981.964 $268,252.134 $135,295.433 $1,186,664.833

2009 $6,182.296 $118,663.858 $61,052.039 $155,927.304 $75,606.044 $80,321.260 $151,935.819 $64,890.514 $46,213.763 $163,567.053 $263,041.555 $140,001.276 $1,171,475.478

2010 $8,807.026 $106,411.796 $60,664.605 $173,857.054 $81,631.709 $92,225.345 $158,639.456 $70,772.243 $45,572.540 $169,434.254 $271,271.559 $142,674.479 $1,208,105.012

2011 $6,814.304 $115,337.453 $60,949.641 $181,856.538 $91,920.980 $89,935.558 $165,287.546 $73,889.056 $45,493.146 $177,869.122 $281,712.938 $140,951.871 $1,250,161.613

2012 $6,339.471 $138,589.279 $65,425.267 $183,418.759 $95,066.167 $88,352.592 $177,525.012 $76,956.820 $45,887.796 $185,562.784 $293,159.066 $143,477.963 $1,316,342.216

2013 $7,088.236 $150,042.268 $68,206.389 $196,979.423 $99,230.669 $97,748.754 $184,781.614 $76,220.591 $50,186.377 $188,770.797 $299,529.290 $143,175.686 $1,364,980.672

2014 $8,234.941 $163,031.300 $70,026.759 $191,025.369 $101,289.631 $89,735.738 $195,278.276 $76,776.276 $54,297.369 $197,842.288 $320,158.617 $144,172.984 $1,420,844.181

2015 $12,409.656 $181,944.971 $73,346.683 $195,429.174 $97,731.226 $97,697.948 $202,123.696 $73,770.142 $58,204.474 $200,172.670 $332,852.726 $145,186.937 $1,475,441.128

2016 $11,506.933 $158,289.235 $75,129.044 $194,306.475 $98,092.702 $96,213.773 $212,382.406 $75,864.744 $59,952.055 $210,015.273 $349,423.838 $149,346.646 $1,496,216.648

2017 $11,408.142 $168,496.956 $77,269.752 $202,517.813 $103,274.561 $99,243.251 $223,130.839 $78,734.316 $62,303.316 $217,962.621 $366,186.972 $153,337.689 $1,561,348.418

2018 $11,653.264 $182,379.387 $79,638.172 $210,877.658 $108,537.054 $102,340.604 $232,713.741 $81,388.028 $65,516.635 $224,495.521 $383,475.615 $156,751.289 $1,628,889.311

2019 $11,899.651 $197,389.137 $81,880.758 $219,451.964 $113,934.193 $105,517.771 $242,337.488 $84,076.598 $68,834.552 $231,147.069 $401,195.170 $160,187.282 $1,698,399.670

2020 $12,153.606 $206,684.544 $83,770.660 $228,307.030 $119,313.997 $108,993.032 $251,521.531 $87,081.128 $72,154.227 $238,884.612 $419,314.691 $163,682.510 $1,763,554.538

2021 $12,408.801 $215,948.590 $85,687.445 $237,464.151 $124,903.944 $112,560.207 $260,891.029 $90,128.690 $75,567.038 $246,794.183 $437,861.367 $167,200.523 $1,829,951.817



Historical and Projected Values of Employment by Major Industrial Classification for Texas

EMPLOYMENT - Thousands of Persons








2001 88.473 151.304 602.330 1,031.529 650.468 381.061 1,610.240 409.170 270.222 580.386 3,451.310 1,734.567 9,929.531

2002 79.365 143.448 591.970 951.797 593.016 358.781 1,587.114 396.941 249.778 585.001 3,500.113 1,781.885 9,867.412

2003 75.860 143.872 576.748 903.737 562.642 341.095 1,557.216 389.872 236.534 593.923 3,538.496 1,803.339 9,819.597

2004 71.492 150.570 570.300 892.529 562.173 330.356 1,570.159 403.326 226.539 602.512 3,637.507 1,806.556 9,931.490

2005 76.168 162.961 590.077 902.746 575.160 327.586 1,605.875 411.519 223.711 616.575 3,755.410 1,826.790 10,171.832

2006 68.029 184.070 630.573 929.496 604.197 325.299 1,652.835 425.769 223.750 639.319 3,909.696 1,862.017 10,525.554

2007 71.421 204.114 672.912 934.784 614.840 319.944 1,702.704 439.456 222.157 652.391 4,072.525 1,886.158 10,858.622

2008 71.641 230.103 700.477 924.223 608.554 315.669 1,724.926 446.358 217.517 659.599 4,186.112 1,937.346 11,098.302

2009 78.498 203.253 626.602 838.585 537.366 301.219 1,662.459 424.714 205.543 641.043 4,148.236 1,983.785 10,812.718

2010 74.886 202.972 585.279 811.201 515.892 295.309 1,646.414 422.471 195.789 638.795 4,193.123 2,019.851 10,790.781

2011 73.717 233.875 583.161 837.535 543.773 293.762 1,689.458 439.337 195.887 655.305 4,343.311 1,991.022 11,042.608

2012 75.817 268.335 602.678 864.226 569.119 295.107 1,740.930 455.256 197.235 676.791 4,516.437 1,969.945 11,367.650

2013 80.055 287.505 632.749 874.490 578.952 295.538 1,793.335 464.790 201.239 699.732 4,661.755 1,975.722 11,671.372

2014 80.261 304.261 672.200 887.940 590.128 297.812 1,847.938 481.886 203.118 718.673 4,854.583 1,983.948 12,034.808

2015 80.631 275.124 705.447 881.334 585.599 295.735 1,914.952 496.132 209.437 735.368 5,039.716 2,019.839 12,357.980

2016 80.973 239.288 730.600 859.920 571.201 288.719 1,976.515 500.726 211.984 755.299 5,215.280 2,059.890 12,630.475

2017 81.379 256.193 743.062 867.864 577.068 290.796 2,032.713 508.137 214.663 770.199 5,377.470 2,089.866 12,941.547

2018 81.690 268.871 757.476 876.514 582.968 293.546 2,076.358 516.249 217.625 779.360 5,544.248 2,112.544 13,230.934

2019 81.984 282.601 770.322 885.432 589.094 296.337 2,119.129 524.383 220.581 785.915 5,710.595 2,132.396 13,513.336

2020 82.304 287.818 779.596 892.820 594.329 298.492 2,155.570 533.532 223.948 797.215 5,877.926 2,154.044 13,784.774

2021 82.608 292.992 788.868 900.158 599.535 300.624 2,191.955 542.698 227.306 808.427 6,046.188 2,175.560 14,056.762



Historical and Projected Values of Nominal Gross Product by Detailed Industrial Classification for Texas, page 1


Year Total Agriculture Farm

Forestry, Fishing,

Related Other

Forestry & Logging

Fishing, Hunting, Trapping

Agriculture & Forestry Support

Total Mining Oil & Gas Extraction

Mining (Except,

Oil & Gas)

Support Activities for

Mining Utilities Total

Construction Construction of Buildings

2001 $6,433.951 $5,253.063 $1,180.888 $235.365 $132.250 $813.272 $52,517.632 $43,035.112 $949.706 $8,532.813 $20,361.066 $41,410.166 $12,678.703

2002 $7,048.400 $5,876.672 $1,171.728 $223.604 $121.616 $826.508 $48,470.279 $40,986.055 $930.273 $6,553.952 $17,939.461 $42,494.629 $13,450.728

2003 $8,461.054 $7,227.845 $1,233.208 $229.175 $117.476 $886.557 $63,267.337 $54,504.493 $1,385.309 $7,377.536 $18,732.010 $44,885.973 $14,083.931

2004 $9,834.357 $8,537.856 $1,296.501 $241.638 $118.002 $936.861 $73,367.633 $62,937.913 $1,560.935 $8,868.785 $20,362.098 $48,046.471 $14,597.834

2005 $8,438.182 $7,066.824 $1,371.358 $258.671 $116.264 $996.424 $99,766.478 $85,244.386 $1,749.322 $12,772.771 $20,400.365 $53,086.977 $15,713.735

2006 $7,573.972 $5,969.920 $1,604.052 $300.648 $140.918 $1,162.487 $116,124.740 $94,508.234 $1,982.426 $19,634.080 $24,517.298 $59,564.194 $17,546.810

2007 $8,416.335 $6,895.632 $1,520.704 $280.214 $127.872 $1,112.618 $137,000.892 $111,307.159 $2,054.582 $23,639.151 $24,349.967 $64,568.076 $18,736.881

2008 $7,400.246 $5,889.497 $1,510.749 $278.164 $115.376 $1,117.209 $184,008.967 $154,695.383 $2,293.379 $27,020.204 $24,169.226 $64,036.429 $18,643.076

2009 $6,182.296 $4,693.765 $1,488.530 $249.905 $112.033 $1,126.593 $118,663.858 $97,567.396 $2,633.221 $18,463.242 $25,406.093 $61,052.039 $18,261.068

2010 $10,083.912 $8,391.219 $1,692.693 $301.919 $133.788 $1,256.986 $132,734.681 $109,354.995 $2,632.162 $20,747.525 $27,269.717 $59,565.544 $17,875.427

2011 $9,971.250 $8,296.469 $1,674.781 $272.790 $131.340 $1,270.651 $162,333.397 $132,281.407 $2,542.172 $27,509.817 $27,457.240 $60,725.230 $18,165.026

2012 $9,414.502 $7,586.454 $1,828.048 $305.576 $149.537 $1,372.935 $152,628.984 $147,001.170 $2,814.140 $2,813.674 $27,587.405 $67,089.437 $19,375.965

2013 $10,905.011 $9,087.764 $1,817.247 $286.694 $154.944 $1,375.610 $204,392.956 $169,344.351 $3,072.236 $31,976.369 $28,321.646 $72,383.550 $20,601.899

2014 $11,860.485 $9,869.835 $1,990.650 $308.307 $172.351 $1,509.993 $212,528.509 $173,472.807 $3,215.682 $35,840.020 $29,827.187 $78,869.475 $22,750.994

2015 $10,749.969 $8,942.569 $1,807.400 $276.139 $154.194 $1,377.067 $135,582.760 $112,224.007 $1,899.421 $21,465.355 $30,892.565 $84,919.700 $25,699.301

2016 $10,189.878 $8,472.890 $1,716.988 $258.759 $144.326 $1,313.903 $144,661.687 $120,597.133 $1,957.883 $22,106.671 $30,690.147 $89,712.843 $27,161.233

2017 $10,326.583 $8,581.943 $1,744.640 $259.335 $144.483 $1,340.822 $178,127.864 $149,294.302 $2,356.092 $26,477.469 $32,381.299 $95,122.287 $28,765.546

2018 $10,781.820 $8,954.584 $1,827.236 $267.884 $149.077 $1,410.275 $200,127.944 $168,506.268 $2,597.995 $29,023.680 $34,028.094 $101,046.469 $30,487.385

2019 $11,252.577 $9,338.705 $1,913.872 $276.715 $153.818 $1,483.339 $224,742.094 $190,010.912 $2,870.464 $31,860.718 $35,733.370 $107,055.724 $32,206.659

2020 $11,745.372 $9,739.546 $2,005.826 $285.990 $158.794 $1,561.041 $244,076.126 $207,130.406 $3,072.609 $33,873.111 $37,620.081 $112,836.405 $33,838.025

2021 $12,254.794 $10,152.435 $2,102.360 $295.580 $163.933 $1,642.846 $264,388.618 $225,139.281 $3,285.359 $35,963.978 $39,575.836 $118,878.921 $35,534.702





Year Heavy & Civil Engineering Construction

Specialty Trade

Contractors

Total Manufacturing Durable Goods Wood Products

NonMetallic Mineral

Products

Primary Metal Manufacturing

Fabricated Metal Products

Machinery Manufacturing

Computer & Electronic Products

Electrical Equipment &

Appliance Manufacturing

Motor Vehicle Manufacturing

Transportation Equipment Excl. Motor

Vehicles

2001 $5,776.570 $22,954.893 $107,163.534 $54,465.756 $1,420.134 $3,758.557 $2,146.860 $8,097.941 $7,052.903 $17,156.642 $1,704.262 $5,154.394 $4,379.672

2002 $5,769.354 $23,274.547 $105,830.856 $56,065.916 $1,484.725 $4,179.721 $1,947.546 $7,678.568 $6,326.418 $19,171.465 $1,796.341 $5,121.678 $4,378.845

2003 $5,881.245 $24,920.797 $109,991.094 $55,323.170 $1,519.685 $3,695.963 $1,793.753 $7,313.689 $6,526.138 $19,425.732 $1,788.839 $5,388.091 $3,959.856

2004 $6,363.941 $27,084.697 $142,055.709 $64,626.409 $1,595.337 $4,131.503 $3,263.867 $7,598.059 $9,438.447 $24,070.931 $1,671.610 $4,176.119 $4,483.824

2005 $7,452.590 $29,920.653 $147,339.192 $70,561.286 $1,626.116 $4,833.881 $2,837.792 $9,272.215 $10,863.518 $24,924.600 $1,859.561 $4,301.301 $5,799.920

2006 $8,786.345 $33,231.038 $168,111.823 $80,797.326 $1,570.512 $4,832.482 $3,611.016 $10,543.012 $13,077.572 $29,900.593 $2,407.443 $5,507.490 $4,835.632

2007 $10,504.382 $35,326.814 $182,402.788 $82,308.940 $1,503.326 $4,755.945 $3,685.343 $12,255.621 $15,171.411 $24,516.347 $2,191.796 $5,291.390 $8,006.497

2008 $11,219.648 $34,173.705 $163,669.955 $84,420.629 $1,392.148 $4,583.290 $4,387.362 $12,431.529 $14,840.892 $26,556.084 $2,579.738 $4,357.956 $8,809.636

2009 $9,880.063 $32,910.908 $155,927.304 $75,606.044 $1,308.306 $3,617.378 $2,888.545 $10,864.908 $12,554.101 $23,920.755 $2,430.972 $2,377.652 $11,022.161

2010 $9,360.763 $32,329.353 $179,848.676 $79,480.420 $1,178.614 $3,279.294 $3,142.803 $10,628.508 $14,633.042 $26,361.038 $2,383.597 $5,094.618 $8,273.469

2011 $9,946.792 $32,613.413 $209,443.103 $87,920.863 $1,201.283 $3,175.245 $3,839.984 $12,664.604 $17,576.736 $26,389.279 $2,130.070 $7,565.005 $9,124.454

2012 $11,701.166 $36,012.306 $216,712.681 $92,888.596 $1,379.277 $3,591.127 $3,775.439 $14,720.315 $18,543.653 $25,333.554 $2,171.183 $8,593.375 $10,794.764

2013 $12,603.165 $39,178.485 $233,084.619 $98,975.131 $1,451.031 $4,417.480 $3,467.074 $14,596.180 $18,554.433 $26,258.198 $2,434.108 $10,364.266 $13,024.835

2014 $13,590.887 $42,527.595 $222,935.276 $103,222.728 $1,510.033 $5,193.422 $3,571.640 $15,519.319 $19,972.828 $26,519.533 $2,504.333 $10,997.063 $13,091.888

2015 $15,242.662 $43,996.092 $227,457.282 $104,105.576 $1,521.299 $5,267.694 $3,600.136 $15,572.986 $20,365.464 $26,590.468 $2,495.694 $11,193.232 $13,264.543

2016 $16,055.243 $46,496.367 $230,545.858 $105,353.169 $1,537.448 $5,358.783 $3,640.652 $15,672.920 $20,827.054 $26,742.887 $2,494.146 $11,424.086 $13,479.106

2017 $16,988.911 $49,367.830 $244,805.102 $111,792.731 $1,629.549 $5,716.283 $3,861.639 $16,539.785 $22,333.834 $28,205.639 $2,613.402 $12,223.561 $14,362.558

2018 $18,018.847 $52,540.237 $259,612.491 $118,400.632 $1,723.965 $6,085.229 $4,088.934 $17,419.085 $23,900.902 $29,690.848 $2,732.481 $13,049.624 $15,272.779

2019 $19,065.797 $55,783.268 $275,144.965 $125,238.719 $1,821.601 $6,468.823 $4,324.779 $18,319.183 $25,541.744 $31,213.173 $2,852.620 $13,908.872 $16,217.712

2020 $20,071.928 $58,926.452 $291,597.618 $132,141.574 $1,920.055 $6,858.531 $4,563.578 $19,215.171 $27,223.515 $32,730.609 $2,969.875 $14,782.628 $17,175.861

2021 $21,123.231 $62,220.987 $308,969.732 $139,361.628 $2,023.002 $7,267.432 $4,814.169 $20,143.108 $28,998.926 $34,305.026 $3,089.768 $15,698.705 $18,179.902





Year Furniture &

Related Manufacturing

Miscellaneous Manufacturing

NonDurable Goods

Food Manufacturing

Beverage & Tobacco Products

Textile Mills Textile Product Mills

Apparel Manufacturing

Leather & Allied Products

Paper Manufacturing

Printing & Related Support

Petroleum & Coal Products

Chemical Manufacturing

2001 $1,410.728 $2,183.664 $52,697.778 $7,554.499 $1,450.774 $151.515 $327.437 $1,348.479 $304.982 $2,689.166 $2,590.700 $19,169.696 $12,977.255

2002 $1,396.208 $2,584.401 $49,764.940 $8,410.024 $1,510.284 $170.441 $349.094 $1,021.271 $237.738 $2,557.629 $2,247.027 $12,716.305 $16,805.095

2003 $1,336.501 $2,574.924 $54,667.924 $8,556.836 $1,557.099 $132.546 $254.239 $557.654 $200.444 $2,258.973 $2,350.311 $16,332.212 $18,841.576

2004 $1,352.358 $2,844.354 $77,429.300 $9,408.314 $1,568.007 $135.781 $259.989 $434.565 $167.800 $2,378.471 $2,200.458 $30,549.223 $26,400.134

2005 $1,506.052 $2,736.330 $76,777.905 $9,192.497 $1,525.929 $145.932 $289.148 $402.182 $200.116 $2,148.977 $2,310.486 $26,722.191 $29,876.725

2006 $1,706.704 $2,804.871 $87,314.497 $9,949.351 $1,739.231 $143.374 $289.777 $296.959 $179.008 $2,128.194 $2,447.668 $28,544.287 $37,347.685

2007 $1,556.749 $3,374.514 $100,093.848 $9,125.482 $1,777.898 $127.600 $255.605 $321.855 $221.371 $2,063.076 $2,459.123 $44,725.999 $34,799.337

2008 $1,304.144 $3,177.849 $79,249.326 $9,065.001 $1,916.987 $133.083 $243.961 $338.032 $246.682 $1,870.429 $2,286.023 $27,028.130 $32,050.116

2009 $1,305.866 $3,315.400 $80,321.260 $10,893.769 $2,215.292 $117.393 $241.338 $190.348 $148.097 $2,415.039 $2,028.146 $24,751.133 $33,158.898

2010 $1,573.781 $2,931.657 $100,368.256 $9,427.985 $1,972.187 $121.760 $231.058 $200.623 $160.618 $2,253.544 $2,042.625 $34,629.586 $45,133.326

2011 $1,512.048 $2,742.155 $121,522.240 $9,081.986 $1,852.155 $134.703 $229.972 $217.847 $172.558 $2,200.230 $1,959.251 $57,269.102 $44,204.148

2012 $1,227.247 $2,758.661 $123,824.086 $9,335.127 $1,923.109 $142.246 $241.123 $240.964 $196.682 $1,867.437 $2,119.373 $53,286.087 $49,562.415

2013 $1,290.650 $3,116.877 $134,109.487 $9,794.032 $2,056.650 $159.786 $279.234 $260.469 $220.718 $2,027.550 $1,965.743 $60,595.397 $51,653.614

2014 $1,247.909 $3,094.760 $119,712.547 $10,010.069 $2,151.744 $194.146 $354.919 $257.123 $217.442 $2,032.475 $1,906.899 $44,783.202 $52,627.283

2015 $1,254.328 $2,996.169 $123,351.706 $10,395.078 $2,201.234 $198.531 $363.872 $257.930 $217.608 $2,045.706 $1,951.053 $45,583.565 $55,023.917

2016 $1,264.623 $2,911.463 $125,192.689 $10,619.695 $2,215.291 $199.717 $367.055 $254.439 $214.199 $2,025.329 $1,963.592 $45,695.543 $56,589.370

2017 $1,337.078 $2,969.402 $133,012.372 $11,353.001 $2,332.949 $210.237 $387.523 $262.548 $220.595 $2,097.995 $2,067.741 $47,988.114 $60,895.178

2018 $1,410.949 $3,025.837 $141,211.860 $12,119.914 $2,453.386 $220.998 $408.626 $270.430 $226.823 $2,169.933 $2,174.105 $50,380.767 $65,429.348

2019 $1,486.943 $3,083.268 $149,906.246 $12,929.769 $2,578.251 $232.149 $430.654 $278.249 $233.025 $2,242.513 $2,284.114 $52,915.182 $70,245.272

2020 $1,563.070 $3,138.681 $159,456.044 $13,813.254 $2,713.285 $244.205 $454.589 $286.588 $239.693 $2,320.505 $2,402.816 $55,717.668 $75,514.287

2021 $1,642.290 $3,199.301 $169,608.104 $14,748.058 $2,853.620 $256.729 $479.642 $294.882 $246.357 $2,399.441 $2,525.861 $58,698.003 $81,120.254





Year Plastics &

Rubber Products

Total Trade Wholesale Trade Retail Trade Motor Vehicle

& Parts Dealers Furniture &

Home Stores

Electronics & Appliance

Stores

Building Material &

Garden Stores

Food & Beverage

Stores

Health & Personal Care

Stores

Gasoline Stations

Clothing & Clothing

Accessories

Sporting Goods, Hobby,

Book, Music

2001 $4,133.277 $110,036.201 $55,405.127 $54,631.074 $12,521.941 $2,295.623 $3,127.289 $3,926.875 $7,815.727 $3,078.340 $3,012.716 $3,407.527 $1,583.425

2002 $3,740.031 $109,946.119 $53,655.480 $56,290.640 $12,973.790 $2,366.144 $2,902.946 $4,155.831 $7,855.830 $3,307.540 $2,979.904 $3,529.862 $1,595.411

2003 $3,626.033 $114,326.363 $56,194.422 $58,131.941 $13,419.108 $2,323.495 $2,750.815 $4,364.840 $8,135.072 $3,481.054 $3,123.751 $3,610.573 $1,578.871

2004 $3,926.557 $120,832.428 $61,968.860 $58,863.568 $13,362.251 $2,312.557 $2,802.201 $4,652.558 $8,372.193 $3,592.342 $3,194.264 $3,684.005 $1,419.344

2005 $3,963.721 $131,229.235 $68,147.546 $63,081.689 $14,182.559 $2,465.188 $3,092.809 $5,105.750 $8,444.652 $3,830.189 $3,636.057 $3,922.211 $1,555.873

2006 $4,248.963 $140,983.812 $74,746.753 $66,237.059 $15,128.218 $2,681.426 $3,209.522 $5,659.110 $8,808.761 $4,131.364 $3,307.349 $4,308.917 $1,678.962

2007 $4,216.503 $150,146.082 $82,396.867 $67,749.215 $15,740.166 $2,896.790 $3,265.140 $5,699.063 $8,935.746 $4,395.398 $3,426.410 $4,590.292 $1,658.537

2008 $4,070.881 $154,598.804 $87,151.792 $67,447.012 $15,006.013 $2,831.619 $3,280.856 $5,834.918 $8,813.640 $4,650.658 $3,254.688 $4,483.723 $1,678.034

2009 $4,161.808 $151,935.819 $83,598.231 $68,337.588 $14,016.667 $2,605.257 $2,998.680 $5,709.148 $10,062.975 $4,946.068 $3,539.560 $4,441.673 $1,804.650

2010 $4,194.945 $161,274.872 $90,431.343 $70,843.529 $15,360.260 $2,610.992 $3,240.488 $5,698.293 $10,426.769 $5,209.630 $3,692.937 $4,633.744 $1,821.305

2011 $4,200.290 $171,740.902 $98,082.362 $73,658.540 $16,474.208 $2,717.120 $3,436.496 $5,672.908 $10,717.452 $5,320.619 $3,955.396 $4,848.874 $1,822.355

2012 $4,909.522 $189,889.282 $110,107.775 $79,781.508 $18,734.560 $2,829.575 $3,563.829 $5,929.993 $11,566.680 $5,673.214 $4,445.748 $5,290.657 $1,966.161

2013 $5,096.294 $199,536.406 $115,926.803 $83,609.604 $19,982.308 $3,013.550 $3,373.697 $6,370.497 $12,042.534 $6,006.633 $4,738.693 $5,432.789 $2,066.504

2014 $5,177.245 $213,077.299 $125,093.984 $87,983.315 $21,195.292 $3,229.572 $3,501.682 $6,683.850 $12,553.118 $6,356.092 $5,148.232 $5,439.388 $2,095.759

2015 $5,147.327 $222,657.543 $129,533.439 $93,160.180 $22,450.682 $3,430.920 $3,709.665 $7,067.375 $13,324.164 $6,708.277 $5,452.384 $5,713.147 $2,188.388

2016 $5,048.459 $238,727.659 $139,029.428 $99,698.231 $24,043.134 $3,684.997 $3,973.167 $7,555.281 $14,298.463 $7,158.018 $5,838.156 $6,066.829 $2,310.300

2017 $5,196.490 $255,874.341 $149,197.178 $106,677.163 $25,740.244 $3,956.521 $4,253.748 $8,074.075 $15,338.696 $7,635.269 $6,249.060 $6,440.178 $2,438.160

2018 $5,357.530 $272,201.803 $158,911.283 $113,290.520 $27,351.170 $4,216.199 $4,519.820 $8,563.796 $16,331.229 $8,083.272 $6,638.730 $6,785.241 $2,553.802

2019 $5,537.069 $289,074.923 $168,967.823 $120,107.100 $29,013.203 $4,485.130 $4,794.022 $9,067.470 $17,357.836 $8,542.724 $7,040.469 $7,136.397 $2,670.290

2020 $5,749.156 $305,917.944 $179,031.058 $126,886.886 $30,668.459 $4,754.395 $5,066.735 $9,566.922 $18,383.940 $8,996.464 $7,440.198 $7,479.267 $2,782.250

2021 $5,985.257 $323,480.348 $189,540.115 $133,940.233 $32,392.020 $5,035.644 $5,350.313 $10,085.512 $19,454.551 $9,466.445 $7,856.100 $7,832.108 $2,896.499





Year General

Merchandise Stores

Miscellaneous Store Retailers

NonStore Retailers

Transportation, Warehousing,

Utilities

Transportation & Warehousing

Air Transportation

Rail Transportation

Water Transportation

Truck Transportation

Transit & Ground

Passenger

Pipeline Transportation

Scenic & Sightseeing

Transportation


Transportation

2001 $8,056.348 $3,802.454 $2,002.810 $53,283.246 $32,922.180 $6,489.642 $1,997.262 $723.394 $7,516.672 $931.728 $7,616.664 $34.207 $4,783.062

2002 $8,813.852 $3,802.913 $2,006.618 $47,272.726 $29,333.266 $6,686.465 $1,957.341 $597.678 $7,459.845 $940.208 $3,585.401 $30.969 $5,036.225

2003 $9,520.441 $3,598.546 $2,225.375 $48,631.753 $29,899.744 $6,703.732 $2,103.839 $640.091 $7,887.856 $992.501 $3,383.924 $26.938 $4,603.036

2004 $9,528.386 $3,530.486 $2,412.980 $52,769.142 $32,407.044 $7,201.931 $2,281.610 $661.119 $8,573.824 $1,079.358 $3,260.354 $26.244 $4,849.889

2005 $10,602.617 $3,664.976 $2,578.809 $54,982.836 $34,582.471 $7,319.600 $2,587.561 $718.301 $9,424.920 $1,135.052 $2,757.330 $31.571 $5,462.004

2006 $10,765.304 $3,896.838 $2,661.288 $63,061.691 $38,544.393 $7,806.593 $2,979.443 $1,010.490 $10,583.632 $1,244.704 $3,107.871 $32.217 $6,191.105

2007 $10,603.264 $3,788.075 $2,750.334 $63,763.002 $39,413.035 $8,379.347 $2,996.796 $1,076.390 $10,757.497 $1,222.749 $3,874.514 $30.084 $5,821.085

2008 $11,167.768 $3,812.634 $2,632.462 $66,320.397 $42,151.171 $7,848.084 $3,406.738 $1,263.956 $10,633.636 $1,175.144 $4,184.849 $33.041 $6,472.996

2009 $11,536.507 $3,903.814 $2,772.588 $64,890.514 $39,484.422 $7,768.755 $3,011.972 $1,328.652 $9,781.161 $1,181.866 $3,682.400 $37.950 $5,892.936

2010 $11,268.670 $4,011.708 $2,868.732 $70,599.034 $43,329.316 $8,297.038 $3,156.597 $1,278.618 $10,526.469 $1,187.781 $5,550.657 $42.349 $6,578.023

2011 $11,722.053 $4,058.027 $2,913.033 $74,601.832 $47,144.591 $8,690.279 $3,437.070 $1,155.005 $11,966.454 $1,324.048 $6,259.155 $47.056 $7,383.403

2012 $12,139.807 $4,353.748 $3,287.536 $78,729.499 $51,142.095 $8,994.554 $3,942.183 $1,178.375 $13,512.764 $1,314.247 $7,412.661 $50.300 $7,690.814

2013 $12,703.560 $4,481.543 $3,397.295 $80,356.168 $52,034.522 $9,386.198 $3,910.108 $1,367.266 $13,970.835 $1,342.650 $7,213.877 $49.806 $7,624.085

2014 $13,339.394 $4,840.643 $3,600.293 $85,252.162 $55,424.975 $9,592.533 $4,109.333 $1,490.063 $15,097.888 $1,405.909 $7,816.760 $49.526 $8,253.727

2015 $14,145.094 $5,131.103 $3,823.889 $88,410.420 $57,526.828 $9,982.642 $4,348.064 $1,566.069 $15,599.884 $1,453.571 $8,143.005 $50.142 $8,533.578

2016 $15,164.796 $5,498.946 $4,106.144 $92,566.573 $61,876.427 $10,763.301 $4,763.439 $1,706.182 $16,711.897 $1,556.538 $8,793.609 $52.600 $9,145.933

2017 $16,252.382 $5,891.120 $4,407.711 $97,787.357 $65,406.058 $11,398.652 $5,122.282 $1,826.694 $17,597.364 $1,636.614 $9,332.381 $54.203 $9,632.942

2018 $17,287.366 $6,263.940 $4,695.955 $102,886.713 $68,858.619 $12,017.863 $5,480.001 $1,948.000 $18,460.481 $1,712.582 $9,865.444 $55.610 $10,106.017

2019 $18,356.374 $6,648.806 $4,994.377 $108,175.490 $72,442.120 $12,656.560 $5,852.201 $2,076.067 $19,357.936 $1,789.463 $10,422.858 $56.995 $10,595.911

2020 $19,422.774 $7,032.439 $5,293.044 $114,027.038 $76,406.956 $13,357.922 $6,258.895 $2,218.409 $20,357.018 $1,873.175 $11,041.329 $58.544 $11,139.154

2021 $20,534.080 $7,432.038 $5,604.923 $120,102.330 $80,526.494 $14,081.720 $6,681.485 $2,368.900 $21,397.615 $1,957.833 $11,689.001 $60.069 $11,702.505





Year Couriers & Messengers

Warehousing & Storage

Total Information

Publishing, Excluding

Internet

Motion Picture & Sound

Recording

Broadcasting, Excluding

Internet

Telecommuni- cations

ISPs, Search Portals, Data Processing

Other Information

Services

Finance, Real Estate,

Insurace

Total Finance & Insurance

Monetary, Authorities - Central Bank

Credit Intermediation

& Related

2001 $1,684.843 $1,144.706 $37,171.022 $6,364.461 $2,087.166 $4,902.861 $19,662.839 $3,906.364 $247.332 $122,461.275 $45,818.209 $175.367 $19,831.056

2002 $1,732.861 $1,306.273 $40,017.970 $8,164.010 $2,346.629 $5,155.922 $18,071.105 $5,870.512 $409.793 $127,365.870 $46,935.346 $193.400 $20,991.460

2003 $1,814.519 $1,743.309 $39,766.595 $8,118.098 $2,109.973 $5,118.015 $18,387.297 $5,590.369 $442.843 $130,581.943 $49,475.997 $182.035 $22,002.511

2004 $2,046.781 $2,425.935 $42,308.517 $8,907.365 $2,231.471 $5,422.802 $19,228.656 $5,946.067 $572.156 $131,662.255 $48,641.312 $158.235 $19,563.518

2005 $2,285.810 $2,860.322 $42,007.953 $9,241.298 $1,891.977 $5,749.956 $19,381.530 $5,160.376 $582.816 $141,411.524 $54,014.304 $174.906 $22,747.960

2006 $2,333.912 $3,254.426 $42,773.116 $8,584.967 $2,051.194 $5,952.769 $19,595.899 $5,908.485 $679.802 $149,896.247 $56,924.125 $202.192 $25,151.600

2007 $2,256.991 $2,997.582 $48,955.424 $9,913.226 $2,492.076 $7,149.637 $24,326.486 $4,395.952 $678.047 $155,815.080 $55,043.193 $191.305 $23,699.711

2008 $2,350.346 $4,782.379 $48,965.296 $9,445.715 $1,921.429 $7,619.492 $24,177.530 $5,047.389 $753.740 $161,732.315 $53,808.723 $193.430 $24,727.913

2009 $2,259.510 $4,539.221 $46,213.763 $8,701.445 $2,217.039 $6,880.149 $22,907.997 $4,885.271 $621.862 $163,567.053 $55,360.241 $214.672 $24,060.965

2010 $2,405.623 $4,306.162 $45,254.995 $8,762.240 $2,224.544 $6,789.182 $22,491.443 $4,379.347 $608.239 $170,901.459 $58,182.372 $223.728 $24,556.047

2011 $2,436.948 $4,445.172 $44,938.987 $8,880.405 $2,145.230 $5,704.395 $23,176.857 $4,417.622 $614.480 $181,668.849 $61,592.389 $245.328 $26,505.475

2012 $2,526.055 $4,520.140 $45,333.543 $9,048.646 $2,325.437 $5,776.275 $23,386.097 $4,182.729 $614.358 $194,892.742 $66,555.603 $199.416 $29,250.568

2013 $2,652.460 $4,517.236 $49,982.876 $9,498.187 $2,624.550 $7,431.211 $25,671.532 $4,066.655 $690.742 $203,481.062 $69,156.962 $209.055 $28,977.385

2014 $2,825.554 $4,783.682 $53,972.141 $9,649.565 $2,698.475 $8,529.720 $28,071.179 $4,261.335 $761.867 $218,762.836 $75,662.885 $218.623 $29,482.451

2015 $2,918.565 $4,925.470 $56,987.066 $10,183.960 $2,846.349 $9,048.156 $29,581.662 $4,490.783 $837.332 $227,557.501 $79,767.480 $234.978 $30,719.343

2016 $3,125.007 $5,257.921 $58,997.526 $10,532.119 $2,943.900 $9,412.047 $30,567.941 $4,640.664 $900.855 $244,414.406 $84,964.280 $254.988 $32,373.096

2017 $3,288.264 $5,516.663 $61,608.260 $10,980.659 $3,071.476 $9,877.109 $31,865.056 $4,837.746 $976.215 $259,663.671 $89,554.559 $273.502 $33,779.232

2018 $3,446.454 $5,766.166 $65,084.095 $11,575.199 $3,242.157 $10,487.472 $33,607.922 $5,102.518 $1,068.827 $273,749.559 $93,695.868 $290.920 $35,012.399

2019 $3,610.069 $6,024.059 $68,678.845 $12,181.394 $3,418.732 $11,124.684 $35,410.152 $5,376.320 $1,167.564 $288,478.850 $98,015.796 $309.127 $36,313.233

2020 $3,791.527 $6,310.983 $72,288.542 $12,779.667 $3,596.053 $11,772.420 $37,218.462 $5,651.063 $1,270.877 $305,110.213 $102,938.934 $329.480 $37,839.595

2021 $3,979.472 $6,607.894 $76,002.788 $13,384.763 $3,778.606 $12,445.692 $39,079.400 $5,933.816 $1,380.510 $322,559.268 $108,093.700 $350.825 $39,454.602





Year

Securities, Commodity, Contracts,

Investments

Insurance Carriers &

Related

Funds, Trusts, & Other

Financial Vehicles

Real Estate, Rental & Leasing

Real Estate Rental & Leasing Services

Lessors of NonFinancial

Intangible Services

Professional, Scientific, & Technical Services

Management of Companies & Enterprises

Administrative & Waste

Management Services

Administrative & Support Services

Waste Management &

Remediation Services

2001 $7,269.640 $16,232.319 $2,309.828 $76,643.066 $62,813.394 $13,323.814 $505.858 $167,530.559 $49,497.401 $3,326.010 $23,138.681 $21,156.458 $1,982.223

2002 $6,576.941 $16,417.903 $2,755.642 $80,430.524 $66,224.678 $13,682.207 $523.638 $176,672.289 $51,169.924 $3,691.098 $23,257.677 $21,039.486 $2,218.191

2003 $5,955.568 $19,180.418 $2,155.465 $81,105.947 $67,514.091 $13,064.838 $527.018 $182,516.958 $52,062.354 $4,083.365 $24,315.955 $21,963.668 $2,352.287

2004 $6,078.689 $20,791.138 $2,049.732 $83,020.943 $69,639.119 $12,795.651 $586.173 $195,848.686 $55,725.330 $5,285.298 $26,868.122 $24,421.123 $2,446.999

2005 $7,573.059 $20,959.447 $2,558.931 $87,397.221 $74,068.301 $12,642.152 $686.768 $209,241.706 $59,974.871 $6,629.967 $29,731.152 $27,208.023 $2,523.130

2006 $8,589.215 $21,377.518 $1,603.600 $92,972.122 $76,940.490 $15,237.983 $793.649 $228,026.708 $66,163.514 $7,664.226 $32,864.857 $30,466.589 $2,398.268

2007 $8,111.012 $21,858.572 $1,182.593 $100,771.887 $83,945.390 $15,918.620 $907.877 $244,644.701 $71,397.849 $9,845.715 $36,876.211 $34,216.625 $2,659.586

2008 $5,935.621 $21,700.411 $1,251.347 $107,923.592 $87,891.956 $19,173.757 $857.879 $260,827.865 $79,389.578 $10,570.717 $38,470.353 $35,754.251 $2,716.102

2009 $8,436.428 $21,822.364 $825.812 $108,206.813 $89,833.652 $17,571.129 $802.031 $263,041.555 $75,441.727 $10,422.122 $36,890.283 $34,153.118 $2,737.165

2010 $9,162.540 $22,787.450 $1,452.608 $112,719.087 $94,648.618 $17,281.552 $788.916 $274,494.913 $78,608.155 $11,441.405 $39,022.139 $35,725.743 $3,296.397

2011 $9,090.508 $23,698.042 $2,053.038 $120,076.460 $101,491.005 $17,788.786 $796.668 $287,905.760 $83,082.661 $12,412.646 $41,742.100 $38,684.899 $3,057.202

2012 $11,374.604 $24,094.736 $1,636.279 $128,337.139 $107,613.375 $19,848.266 $875.497 $305,527.626 $88,269.877 $14,087.187 $43,794.951 $40,468.696 $3,326.255

2013 $11,678.315 $26,413.653 $1,878.554 $134,324.100 $112,484.266 $21,003.146 $836.689 $317,338.620 $90,573.760 $14,677.565 $46,196.400 $42,809.305 $3,387.095

2014 $13,141.180 $30,939.433 $1,881.198 $143,099.951 $118,300.063 $23,529.109 $1,270.779 $344,156.902 $97,004.112 $18,653.166 $50,999.788 $47,199.212 $3,800.576

2015 $14,236.943 $32,670.927 $1,892.562 $147,826.333 $122,169.101 $24,335.161 $1,298.485 $366,320.942 $103,042.055 $19,974.629 $54,025.311 $49,989.583 $4,024.307

2016 $15,567.069 $34,849.536 $1,919.591 $159,450.126 $131,773.587 $26,291.018 $1,385.521 $396,449.562 $111,571.728 $21,516.380 $58,178.301 $53,844.680 $4,333.620

2017 $16,819.092 $36,760.882 $1,921.850 $170,109.113 $140,555.198 $28,092.218 $1,461.697 $428,178.832 $120,586.030 $23,134.136 $62,534.591 $57,877.509 $4,657.082

2018 $18,015.353 $38,471.517 $1,905.680 $180,053.691 $148,740.195 $29,783.898 $1,529.598 $461,963.971 $130,192.386 $24,846.967 $67,145.597 $62,146.238 $4,999.359

2019 $19,271.468 $40,236.426 $1,885.541 $190,463.054 $157,302.329 $31,561.415 $1,599.311 $497,777.317 $140,384.165 $26,651.861 $72,003.027 $66,643.207 $5,359.820

2020 $20,673.154 $42,227.140 $1,869.566 $202,171.279 $166,929.467 $33,564.221 $1,677.591 $535,660.315 $151,174.193 $28,549.510 $77,108.608 $71,370.026 $5,738.582

2021 $22,149.720 $44,287.921 $1,850.631 $214,465.568 $177,031.791 $35,675.599 $1,758.178 $575,727.477 $162,595.939 $30,544.435 $82,474.406 $76,337.878 $6,136.528





Year Educational Services

Health Care & Social

Assistance

Ambulatory Health Care

Services Hospitals

Nursing & Residential

Care Facilities

Social & Assistance

Arts, Entertainment & Recreation

Performing Arts &

Spectator Sports

Museums, History Sites, Zoos, Parks

Amusement, Gambling & Recreation

Accommoda- tion & Food

Services

Accommoda- tion

Food Services & Drinking

Places

2001 $4,169.721 $40,963.437 $22,783.059 $12,015.277 $3,439.171 $2,725.931 $4,665.368 $2,218.961 $193.687 $2,252.720 $22,267.774 $4,998.175 $17,269.599

2002 $4,445.963 $44,827.333 $24,865.215 $13,364.048 $3,681.470 $2,916.600 $5,238.279 $2,675.651 $209.862 $2,352.765 $23,305.795 $5,052.400 $18,253.396

2003 $4,736.503 $47,279.177 $26,103.012 $14,080.402 $3,948.170 $3,147.593 $5,571.813 $2,888.165 $216.487 $2,467.161 $23,893.731 $4,926.727 $18,967.004

2004 $5,209.881 $50,495.380 $27,884.621 $15,275.684 $4,103.727 $3,231.347 $5,801.945 $2,935.376 $236.860 $2,629.709 $25,078.189 $5,251.011 $19,827.178

2005 $5,355.482 $52,545.505 $29,692.529 $15,039.421 $4,307.471 $3,506.084 $6,088.283 $3,071.175 $259.310 $2,757.797 $26,181.612 $5,659.424 $20,522.189

2006 $5,687.945 $56,426.597 $32,050.540 $16,035.535 $4,602.915 $3,737.608 $6,675.535 $3,383.342 $275.128 $3,017.065 $28,111.343 $6,230.186 $21,881.157

2007 $6,097.290 $59,167.587 $33,697.508 $16,755.588 $4,826.453 $3,888.038 $6,848.044 $3,323.892 $275.888 $3,248.263 $29,132.620 $6,592.368 $22,540.253

2008 $6,679.522 $63,587.619 $36,475.604 $17,942.735 $5,066.000 $4,103.279 $6,979.518 $3,406.702 $304.149 $3,268.667 $29,679.522 $6,530.823 $23,148.699

2009 $7,441.791 $69,389.134 $39,671.752 $19,946.462 $5,444.833 $4,326.086 $7,310.560 $3,716.872 $330.795 $3,262.894 $30,060.735 $5,832.699 $24,228.037

2010 $7,864.245 $72,465.811 $41,614.180 $20,634.392 $5,742.041 $4,475.198 $7,479.424 $3,607.990 $349.754 $3,521.680 $31,047.257 $6,058.289 $24,988.968

2011 $8,287.127 $74,926.680 $43,311.319 $21,320.003 $5,879.825 $4,415.533 $7,554.642 $3,570.611 $338.614 $3,645.417 $32,655.877 $6,657.325 $25,998.552

2012 $8,660.480 $77,767.807 $44,859.903 $22,071.271 $6,079.371 $4,757.262 $8,121.458 $3,775.094 $350.424 $3,995.940 $35,512.753 $7,322.951 $28,189.802

2013 $8,827.422 $80,339.223 $46,291.418 $22,710.978 $6,213.487 $5,123.341 $8,549.745 $3,880.998 $369.376 $4,299.370 $37,654.125 $7,967.338 $29,686.787

2014 $9,198.860 $84,297.708 $48,389.138 $23,954.754 $6,484.978 $5,468.839 $9,557.415 $4,172.772 $400.296 $4,984.346 $42,029.539 $8,735.442 $33,294.097

2015 $9,825.546 $89,915.689 $51,670.972 $25,547.271 $6,881.132 $5,797.306 $10,534.936 $4,593.966 $441.386 $5,497.358 $45,199.250 $9,414.194 $35,775.501

2016 $10,620.291 $97,688.359 $56,226.861 $27,760.437 $7,439.441 $6,261.619 $11,434.952 $4,982.217 $479.428 $5,973.307 $48,886.520 $10,207.440 $38,679.080

2017 $11,458.065 $105,946.764 $61,068.019 $30,103.110 $8,026.459 $6,749.175 $12,388.456 $5,391.671 $519.625 $6,477.160 $52,773.249 $11,043.235 $41,730.014

2018 $12,348.767 $114,792.294 $66,266.024 $32,608.734 $8,650.580 $7,266.956 $13,406.734 $5,828.064 $562.539 $7,016.131 $56,904.653 $11,933.175 $44,971.478

2019 $13,291.424 $124,227.051 $71,824.592 $35,277.035 $9,311.121 $7,814.302 $14,489.381 $6,291.053 $608.148 $7,590.181 $61,275.802 $12,876.393 $48,399.409

2020 $14,286.895 $134,270.657 $77,757.726 $38,112.607 $10,008.689 $8,391.635 $15,637.984 $6,781.152 $656.512 $8,200.320 $65,890.137 $13,873.757 $52,016.380

2021 $15,337.973 $144,961.641 $84,090.597 $41,125.296 $10,745.241 $9,000.507 $16,856.259 $7,299.786 $707.781 $8,848.692 $70,759.921 $14,927.984 $55,831.937





Year

Other Services, Excluding

Public Administration

Repair & Maintenance

Personal & Laundry Services

Membership Associations & Organizations

Private Households

Total Government

Total Federal

Government

Federal Civilian

Government

Federal Military

Government

State & Local Government

State Government

Local Government

Total All Industries

2001 $19,502.167 $6,968.785 $5,608.541 $5,761.444 $1,163.397 $89,644.630 $22,053.484 $14,189.445 $7,864.039 $67,591.146 $16,547.879 $51,043.267 $787,652.216

2002 $20,736.221 $7,253.466 $6,084.021 $6,290.661 $1,108.073 $96,038.012 $24,308.727 $15,267.122 $9,041.605 $71,729.285 $17,637.798 $54,091.487 $801,157.151

2003 $20,574.060 $6,841.643 $6,028.767 $6,487.285 $1,216.364 $102,001.804 $26,672.201 $16,348.560 $10,323.641 $75,329.603 $18,374.136 $56,955.467 $844,430.875

2004 $21,384.541 $7,082.778 $6,364.685 $6,653.422 $1,283.656 $106,044.632 $28,318.514 $17,342.246 $10,976.267 $77,726.118 $18,756.343 $58,969.775 $922,769.829

2005 $22,734.834 $7,862.825 $6,969.703 $6,635.703 $1,266.603 $112,135.945 $30,124.842 $18,193.453 $11,931.389 $82,011.103 $20,062.151 $61,948.952 $999,640.028

2006 $24,432.691 $8,713.301 $7,593.873 $6,814.118 $1,311.399 $117,947.738 $32,380.325 $19,106.567 $13,273.759 $85,567.413 $21,035.520 $64,531.893 $1,094,064.041

2007 $25,279.385 $8,991.235 $7,637.522 $7,213.687 $1,436.941 $125,591.625 $33,891.407 $20,007.492 $13,883.915 $91,700.218 $22,217.042 $69,483.176 $1,181,304.004

2008 $25,471.037 $8,938.812 $7,098.151 $7,877.192 $1,556.882 $132,196.700 $36,063.428 $20,771.716 $15,291.712 $96,133.272 $23,302.166 $72,831.106 $1,243,756.972

2009 $26,085.203 $9,103.810 $7,258.171 $8,300.671 $1,422.551 $140,001.276 $38,062.984 $21,827.712 $16,235.272 $101,938.293 $24,772.057 $77,166.236 $1,171,475.478

2010 $26,566.477 $9,449.314 $7,525.687 $8,349.574 $1,241.901 $146,728.148 $40,027.556 $23,674.328 $16,353.229 $106,700.592 $26,279.748 $80,420.844 $1,251,486.235

2011 $27,244.026 $9,909.414 $7,704.207 $8,307.093 $1,323.312 $147,724.864 $40,775.714 $24,107.474 $16,668.239 $106,949.150 $26,699.430 $80,249.720 $1,351,054.173

2012 $29,313.114 $10,786.557 $8,415.384 $8,699.572 $1,411.601 $152,714.451 $41,025.710 $24,192.502 $16,833.207 $111,688.741 $28,536.120 $83,152.621 $1,412,932.748

2013 $30,520.381 $11,165.104 $8,736.543 $9,125.619 $1,493.115 $155,699.689 $39,795.988 $23,804.684 $15,991.304 $115,903.701 $29,743.131 $86,160.570 $1,527,160.959

2014 $32,416.314 $11,868.020 $9,245.322 $9,582.241 $1,720.732 $160,562.507 $39,960.154 $24,362.139 $15,598.015 $120,602.353 $30,733.505 $89,868.848 $1,601,977.593

2015 $33,880.983 $12,416.656 $9,645.183 $10,006.949 $1,805.033 $165,668.093 $41,180.129 $25,136.563 $16,043.566 $124,470.203 $31,741.207 $92,728.996 $1,586,468.279

2016 $36,553.031 $13,417.143 $10,389.033 $10,791.167 $1,955.688 $174,848.600 $43,411.828 $26,530.552 $16,881.276 $131,436.772 $33,541.051 $97,895.721 $1,681,114.592

2017 $39,357.542 $14,468.747 $11,163.553 $11,610.571 $2,114.671 $184,177.030 $45,663.563 $27,939.463 $17,724.100 $138,513.467 $35,371.506 $103,141.962 $1,815,671.329

2018 $42,326.574 $15,586.629 $11,979.183 $12,476.480 $2,284.282 $193,119.722 $47,806.511 $29,284.332 $18,522.179 $145,313.211 $37,133.717 $108,179.493 $1,940,574.586

2019 $45,454.607 $16,769.599 $12,833.587 $13,386.976 $2,464.444 $202,387.339 $50,015.807 $30,672.238 $19,343.569 $152,371.532 $38,964.487 $113,407.045 $2,072,768.124

2020 $48,742.330 $18,018.805 $13,726.144 $14,341.957 $2,655.425 $212,035.330 $52,303.755 $32,110.777 $20,192.978 $159,731.575 $40,874.996 $118,856.580 $2,205,294.903

2021 $52,196.902 $19,337.851 $14,657.999 $15,343.194 $2,857.859 $222,026.629 $54,659.708 $33,593.464 $21,066.244 $167,366.921 $42,858.642 $124,508.279 $2,344,390.904



Historical and Projected Values of Real Gross Product by Detailed Industrial Classification for Texas, page 1



Forestry, Fishing,

Related Other

Forestry & Logging




Mining (Except,

Oil & Gas)




2001 $6,494.518 $5,225.851 $1,268.667 $252.861 $142.081 $873.725 $97,059.558 $79,295.823 $2,481.699 $15,282.037 $28,505.203 $64,097.492 $19,624.965

2002 $7,720.830 $6,423.904 $1,296.926 $247.496 $134.610 $914.820 $103,177.634 $90,121.723 $2,281.830 $10,774.082 $26,159.581 $62,811.716 $19,881.650

2003 $8,328.424 $6,973.744 $1,354.680 $251.749 $129.048 $973.884 $88,931.734 $74,303.289 $3,235.968 $11,392.477 $25,528.182 $63,388.043 $19,889.350

2004 $8,321.642 $6,899.225 $1,422.417 $265.106 $129.462 $1,027.849 $84,946.903 $69,182.325 $3,087.552 $12,677.026 $26,845.645 $63,006.328 $19,143.048

2005 $8,363.458 $6,872.517 $1,490.940 $281.227 $126.402 $1,083.312 $83,457.867 $65,985.951 $2,789.802 $14,682.114 $25,390.990 $62,717.474 $18,564.360

2006 $7,859.745 $6,154.374 $1,705.370 $319.638 $149.819 $1,235.914 $91,636.506 $69,655.338 $2,685.787 $19,295.381 $28,157.488 $64,275.502 $18,934.698

2007 $6,790.415 $5,234.069 $1,556.346 $286.782 $130.869 $1,138.695 $100,729.853 $76,033.442 $2,539.097 $22,157.314 $27,694.994 $65,482.684 $19,002.289

2008 $5,890.607 $4,414.720 $1,475.887 $271.745 $112.714 $1,091.428 $104,786.749 $77,609.599 $2,499.167 $24,677.983 $27,438.210 $64,939.139 $18,905.884

2009 $6,182.296 $4,693.765 $1,488.530 $249.905 $112.033 $1,126.593 $118,663.858 $97,567.396 $2,633.221 $18,463.242 $25,406.093 $61,052.039 $18,261.068

2010 $8,807.026 $7,210.161 $1,596.866 $284.826 $126.214 $1,185.825 $106,411.796 $82,864.004 $2,384.060 $21,163.731 $28,030.445 $60,664.605 $18,205.252

2011 $6,814.304 $5,274.709 $1,539.595 $250.771 $120.738 $1,168.086 $115,337.453 $86,567.178 $2,088.541 $26,681.733 $28,045.122 $60,949.641 $18,232.155

2012 $6,339.471 $4,689.797 $1,649.673 $275.759 $134.946 $1,238.969 $138,589.279 $107,711.189 $2,343.834 $28,534.257 $29,057.560 $65,425.267 $18,895.339

2013 $7,088.236 $5,499.065 $1,589.171 $250.712 $135.497 $1,202.962 $150,042.268 $118,024.157 $2,706.691 $29,311.421 $28,880.246 $68,206.389 $19,412.990

2014 $8,234.941 $6,549.263 $1,685.677 $261.073 $145.946 $1,278.658 $163,031.300 $127,176.253 $2,908.385 $32,946.663 $28,121.453 $70,026.759 $20,200.190

2015 $12,409.656 $10,695.579 $1,714.077 $261.881 $146.232 $1,305.964 $181,937.368 $146,517.161 $3,050.808 $32,377.002 $26,900.567 $73,330.915 $23,511.336

2016 $11,506.933 $9,774.639 $1,732.293 $261.066 $145.612 $1,325.615 $158,289.235 $126,996.210 $2,568.499 $28,724.526 $27,293.407 $75,129.044 $24,085.453

2017 $11,408.142 $9,674.116 $1,734.026 $257.757 $143.604 $1,332.665 $168,496.956 $135,965.032 $2,670.100 $29,861.824 $28,297.667 $77,269.752 $24,728.728

2018 $11,653.264 $9,864.729 $1,788.535 $262.210 $145.920 $1,380.405 $182,379.387 $147,884.764 $2,833.154 $31,661.469 $29,222.401 $79,638.172 $25,412.855

2019 $11,899.651 $10,055.384 $1,844.268 $266.651 $148.224 $1,429.393 $197,389.137 $160,747.425 $3,012.959 $33,628.753 $30,157.776 $81,880.758 $26,035.598

2020 $12,153.606 $10,251.365 $1,902.241 $271.221 $150.594 $1,480.426 $206,684.544 $168,975.690 $3,105.360 $34,603.494 $31,204.485 $83,770.660 $26,534.017

2021 $12,408.801 $10,447.285 $1,961.516 $275.778 $152.951 $1,532.786 $215,948.590 $177,180.795 $3,198.334 $35,569.461 $32,264.493 $85,687.445 $27,034.387






Specialty Trade

Contractors


NonMetallic Mineral

Products









Vehicles

2001 $8,941.370 $35,531.157 $117,228.585 $50,389.908 $1,252.050 $4,546.438 $2,342.656 $10,500.336 $7,871.844 $8,721.549 $1,956.349 $3,978.079 $5,349.904

2002 $8,527.737 $34,402.329 $118,113.678 $51,614.914 $1,325.573 $4,933.876 $2,127.958 $9,939.919 $7,008.659 $10,606.278 $2,082.410 $4,143.688 $5,264.744

2003 $8,305.504 $35,193.189 $121,798.667 $51,871.425 $1,286.737 $4,457.563 $1,991.584 $9,617.434 $7,282.481 $11,969.357 $2,135.695 $4,462.862 $4,567.225

2004 $8,345.431 $35,517.848 $157,180.699 $61,218.157 $1,169.979 $4,939.769 $2,835.705 $9,824.154 $10,897.748 $16,258.855 $2,040.107 $3,653.872 $5,065.517

2005 $8,804.562 $35,348.552 $152,708.134 $68,006.165 $1,216.520 $5,427.883 $2,220.075 $11,461.464 $12,280.947 $18,163.627 $2,231.135 $4,069.840 $6,359.374

2006 $9,481.313 $35,859.491 $170,996.891 $79,149.735 $1,264.898 $4,898.808 $2,322.231 $13,089.535 $14,833.616 $24,023.577 $2,821.317 $5,840.936 $5,164.069

2007 $10,653.176 $35,827.219 $181,671.026 $84,058.228 $1,380.498 $4,845.032 $2,243.028 $14,864.588 $16,925.609 $21,863.460 $2,464.507 $5,762.648 $8,487.720

2008 $11,377.809 $34,655.446 $165,213.418 $87,715.953 $1,349.962 $4,906.360 $2,639.637 $14,441.428 $16,582.364 $25,808.812 $2,816.406 $5,076.513 $9,318.765

2009 $9,880.063 $32,910.908 $155,927.304 $75,606.044 $1,308.306 $3,617.378 $2,888.545 $10,864.908 $12,554.101 $23,920.755 $2,430.972 $2,377.652 $11,022.161

2010 $9,533.482 $32,925.872 $173,857.054 $81,631.709 $1,140.539 $3,384.791 $2,489.556 $11,418.466 $15,313.624 $27,081.193 $2,447.274 $5,471.235 $8,281.709

2011 $9,983.550 $32,733.936 $181,856.538 $91,920.980 $1,270.310 $3,393.819 $2,652.524 $13,658.058 $18,581.054 $28,082.613 $2,214.635 $8,681.485 $9,040.797

2012 $11,410.916 $35,119.013 $183,418.759 $95,066.167 $1,370.261 $3,687.000 $2,947.620 $15,073.752 $18,710.295 $27,267.086 $2,126.022 $9,454.470 $10,462.065

2013 $11,875.853 $36,917.546 $196,979.423 $99,230.669 $1,242.143 $4,313.456 $3,069.332 $14,491.669 $17,894.571 $28,036.199 $2,332.392 $11,278.780 $12,271.263

2014 $12,067.099 $37,759.470 $191,025.369 $101,289.631 $1,136.496 $4,810.090 $2,939.197 $15,412.449 $18,662.214 $28,266.125 $2,378.282 $11,468.851 $12,001.667

2015 $13,953.571 $35,881.775 $195,386.746 $97,716.047 $1,102.048 $4,626.496 $2,816.751 $14,749.857 $18,032.411 $27,349.027 $2,316.536 $11,157.180 $11,605.627

2016 $14,256.233 $36,787.358 $194,306.475 $98,092.702 $1,111.680 $4,628.575 $2,808.680 $14,682.763 $18,125.571 $27,526.100 $2,346.566 $11,287.068 $11,673.984

2017 $14,636.068 $37,904.957 $202,517.813 $103,274.561 $1,176.316 $4,856.882 $2,938.388 $15,330.294 $19,111.542 $29,059.863 $2,492.660 $11,973.439 $12,317.198

2018 $15,064.748 $39,160.569 $210,877.658 $108,537.054 $1,242.532 $5,086.959 $3,069.335 $15,976.851 $20,115.979 $30,624.133 $2,642.437 $12,674.855 $12,972.461

2019 $15,472.807 $40,372.352 $219,451.964 $113,934.193 $1,310.972 $5,321.244 $3,203.108 $16,630.059 $21,149.104 $32,234.379 $2,797.186 $13,397.302 $13,646.283

2020 $15,815.560 $41,421.083 $228,307.030 $119,313.997 $1,379.911 $5,552.554 $3,335.504 $17,267.470 $22,182.911 $33,847.804 $2,953.132 $14,122.525 $14,320.505

2021 $16,163.613 $42,489.446 $237,464.151 $124,903.944 $1,452.000 $5,791.404 $3,472.967 $17,921.843 $23,259.883 $35,529.089 $3,115.844 $14,876.977 $15,022.455





Year Furniture &



NonDurable Goods

Food Manufacturing





Paper Manufacturing




2001 $1,643.926 $2,226.776 $66,838.678 $9,183.266 $1,763.564 $157.250 $339.832 $1,205.856 $272.725 $3,122.492 $2,468.915 $26,051.218 $17,481.300

2002 $1,594.680 $2,587.129 $66,498.763 $9,622.030 $1,727.938 $175.343 $359.134 $921.637 $214.545 $3,022.716 $2,270.712 $21,395.272 $22,491.293

2003 $1,536.417 $2,564.071 $69,927.241 $9,931.334 $1,807.218 $147.364 $282.662 $508.772 $182.874 $2,779.043 $2,387.321 $22,918.111 $24,724.047

2004 $1,635.940 $2,896.509 $95,962.542 $11,293.590 $1,882.211 $152.710 $292.404 $407.602 $157.388 $3,017.328 $2,254.229 $37,237.592 $34,478.050

2005 $1,763.370 $2,811.930 $84,701.969 $10,836.893 $1,798.894 $156.431 $309.950 $385.615 $191.873 $2,685.474 $2,307.239 $23,868.150 $37,427.573

2006 $1,988.346 $2,902.402 $91,847.156 $12,039.492 $2,104.605 $150.710 $304.604 $290.113 $174.881 $2,503.502 $2,366.207 $22,128.741 $45,170.737

2007 $1,751.887 $3,469.250 $97,612.798 $11,096.300 $2,161.868 $134.186 $268.797 $320.068 $220.142 $2,373.684 $2,401.304 $31,927.701 $41,995.979

2008 $1,466.530 $3,309.175 $77,497.465 $10,153.952 $2,147.269 $143.036 $262.206 $342.876 $250.217 $2,055.139 $2,314.015 $20,449.353 $34,902.520

2009 $1,305.866 $3,315.400 $80,321.260 $10,893.769 $2,215.292 $117.393 $241.338 $190.348 $148.097 $2,415.039 $2,028.146 $24,751.133 $33,158.898

2010 $1,647.595 $2,955.727 $92,225.345 $9,574.670 $2,002.871 $122.076 $231.658 $206.666 $165.456 $2,175.605 $2,091.285 $26,247.528 $45,076.498

2011 $1,581.673 $2,764.011 $89,935.558 $9,443.045 $1,925.788 $119.773 $204.484 $221.839 $175.720 $2,125.641 $2,094.603 $28,618.342 $40,813.962

2012 $1,235.171 $2,732.424 $88,352.592 $9,002.173 $1,854.518 $131.876 $223.545 $245.149 $200.098 $1,810.267 $2,289.118 $24,975.165 $42,948.306

2013 $1,299.677 $3,001.186 $97,748.754 $9,184.690 $1,928.695 $149.829 $261.833 $263.860 $223.593 $1,860.389 $2,118.103 $33,339.432 $43,633.539

2014 $1,241.894 $2,972.368 $89,735.738 $8,943.549 $1,922.487 $178.283 $325.920 $259.291 $219.275 $1,846.759 $2,028.413 $26,155.631 $42,923.310

2015 $1,183.247 $2,792.047 $97,670.699 $9,744.769 $2,063.527 $192.624 $353.046 $278.357 $234.841 $1,981.342 $2,207.546 $28,217.442 $47,043.734

2016 $1,172.874 $2,728.842 $96,213.773 $9,600.739 $2,002.734 $188.182 $345.854 $270.114 $227.395 $1,921.990 $2,172.262 $27,558.058 $46,618.177

2017 $1,219.638 $2,798.341 $99,243.251 $9,903.599 $2,035.108 $192.484 $354.800 $274.350 $230.511 $1,951.955 $2,237.936 $28,212.548 $48,365.751

2018 $1,266.163 $2,865.349 $102,340.604 $10,209.663 $2,066.701 $196.761 $363.811 $278.388 $233.498 $1,981.027 $2,304.047 $28,898.400 $50,144.669

2019 $1,313.081 $2,931.476 $105,517.771 $10,519.863 $2,097.706 $201.029 $372.925 $282.252 $236.377 $2,009.386 $2,370.795 $29,620.592 $51,959.679

2020 $1,358.647 $2,993.034 $108,993.032 $10,855.664 $2,132.337 $205.695 $382.902 $286.503 $239.622 $2,041.064 $2,442.998 $30,441.767 $53,917.625

2021 $1,405.471 $3,056.011 $112,560.207 $11,196.184 $2,166.364 $210.355 $393.002 $290.569 $242.754 $2,072.002 $2,515.931 $31,305.611 $55,916.200





Year Plastics &

Rubber Products



Home Stores


Stores

Building Material &

Garden Stores

Food & Beverage

Stores


Stores

Gasoline Stations

Clothing & Clothing

Accessories


Book, Music

2001 $4,792.261 $129,242.332 $67,623.000 $61,619.332 $14,123.713 $2,589.272 $3,527.323 $4,429.190 $8,815.493 $3,472.113 $3,398.094 $3,843.409 $1,785.972

2002 $4,298.143 $129,475.652 $65,808.456 $63,667.197 $14,673.929 $2,676.213 $3,283.359 $4,700.428 $8,885.290 $3,740.973 $3,370.403 $3,992.429 $1,804.480

2003 $4,258.496 $135,785.426 $69,642.090 $66,143.336 $15,268.449 $2,643.706 $3,129.916 $4,966.376 $9,256.199 $3,960.792 $3,554.247 $4,108.161 $1,796.462

2004 $4,789.438 $140,171.575 $74,501.656 $65,669.919 $14,907.318 $2,579.956 $3,126.218 $5,190.530 $9,340.263 $4,007.722 $3,563.615 $4,109.984 $1,583.462

2005 $4,733.876 $148,596.392 $79,842.958 $68,753.434 $15,457.728 $2,686.836 $3,370.887 $5,564.814 $9,203.921 $4,174.565 $3,962.979 $4,274.861 $1,695.763

2006 $4,613.563 $154,756.738 $84,614.584 $70,142.154 $16,020.122 $2,839.513 $3,398.743 $5,992.751 $9,328.093 $4,374.935 $3,502.338 $4,562.955 $1,777.947

2007 $4,712.769 $161,160.169 $91,358.705 $69,801.464 $16,216.964 $2,984.539 $3,364.047 $5,871.698 $9,206.426 $4,528.543 $3,530.202 $4,729.340 $1,708.777

2008 $4,476.883 $161,929.610 $93,672.075 $68,257.535 $15,186.342 $2,865.648 $3,320.282 $5,905.037 $8,919.555 $4,706.546 $3,293.800 $4,537.604 $1,698.199

2009 $4,161.808 $151,935.819 $83,598.231 $68,337.588 $14,016.667 $2,605.257 $2,998.680 $5,709.148 $10,062.975 $4,946.068 $3,539.560 $4,441.673 $1,804.650

2010 $4,331.032 $158,639.456 $88,336.028 $70,303.428 $15,243.155 $2,591.086 $3,215.783 $5,654.850 $10,347.277 $5,169.913 $3,664.782 $4,598.417 $1,807.419

2011 $4,192.360 $165,287.546 $93,625.637 $71,661.908 $16,027.649 $2,643.468 $3,343.344 $5,519.135 $10,426.938 $5,176.395 $3,848.179 $4,717.438 $1,772.957

2012 $4,672.378 $177,525.012 $101,936.545 $75,588.466 $17,749.936 $2,680.862 $3,376.526 $5,618.333 $10,958.775 $5,375.049 $4,212.095 $5,012.598 $1,862.827

2013 $4,784.791 $184,781.614 $106,343.556 $78,438.058 $18,746.332 $2,827.151 $3,165.022 $5,976.460 $11,297.661 $5,635.102 $4,445.588 $5,096.752 $1,938.684

2014 $4,932.819 $195,278.276 $113,792.524 $81,485.752 $19,630.021 $2,991.068 $3,243.083 $6,190.248 $11,626.071 $5,886.695 $4,768.036 $5,037.689 $1,940.988

2015 $5,380.718 $202,123.696 $117,215.620 $84,941.669 $20,470.017 $3,128.234 $3,382.387 $6,443.870 $12,148.667 $6,116.453 $4,971.358 $5,209.116 $1,995.322

2016 $5,308.268 $212,382.406 $122,950.777 $89,431.629 $21,567.250 $3,305.528 $3,564.023 $6,777.262 $12,826.053 $6,420.909 $5,236.961 $5,442.087 $2,072.393

2017 $5,484.208 $223,130.839 $128,972.793 $94,158.045 $22,719.493 $3,492.203 $3,754.549 $7,126.541 $13,538.621 $6,739.231 $5,515.700 $5,684.390 $2,152.029

2018 $5,663.638 $232,713.741 $134,305.996 $98,407.745 $23,758.095 $3,662.324 $3,926.060 $7,438.785 $14,185.825 $7,021.387 $5,766.612 $5,893.876 $2,218.313

2019 $5,847.168 $242,337.488 $139,649.034 $102,688.454 $24,805.536 $3,834.670 $4,098.764 $7,752.452 $14,840.500 $7,303.808 $6,019.418 $6,101.435 $2,283.029

2020 $6,046.856 $251,521.531 $144,725.660 $106,795.871 $25,812.477 $4,001.593 $4,264.478 $8,052.114 $15,473.064 $7,571.982 $6,262.132 $6,295.015 $2,341.714

2021 $6,251.234 $260,891.029 $149,896.544 $110,994.485 $26,842.835 $4,172.971 $4,433.733 $8,357.729 $16,121.727 $7,844.716 $6,510.245 $6,490.363 $2,400.290





Year General

Merchandise Stores


NonStore Retailers


Utilities


Air Transportation

Rail Transportation



Transit & Ground

Passenger



Transportation


Transportation

2001 $9,086.894 $4,288.853 $2,259.004 $65,656.309 $37,151.105 $6,492.549 $2,895.349 $359.079 $8,716.904 $1,359.926 $7,850.776 $43.049 $6,019.421

2002 $9,968.856 $4,301.263 $2,269.573 $58,950.063 $32,790.482 $6,352.278 $2,762.410 $262.688 $8,551.744 $1,332.680 $3,649.129 $38.350 $6,236.517

2003 $10,832.491 $4,094.475 $2,532.062 $59,074.065 $33,545.883 $6,545.357 $2,985.695 $248.862 $8,897.225 $1,309.417 $3,803.071 $32.705 $5,588.567

2004 $10,630.146 $3,938.714 $2,691.992 $63,502.323 $36,656.678 $7,628.855 $3,194.107 $312.872 $9,574.517 $1,363.940 $3,822.509 $30.567 $5,648.811

2005 $11,555.910 $3,994.498 $2,810.672 $64,224.019 $38,833.029 $8,057.627 $3,327.135 $430.840 $10,183.374 $1,397.370 $3,463.930 $35.591 $6,157.492

2006 $11,399.987 $4,126.582 $2,818.187 $70,153.260 $41,995.773 $8,385.577 $3,457.317 $685.936 $11,299.069 $1,461.346 $3,677.402 $35.274 $6,778.657

2007 $10,924.457 $3,902.823 $2,833.647 $69,898.004 $42,203.010 $9,096.460 $3,410.507 $863.648 $11,334.720 $1,418.887 $4,480.250 $31.294 $6,055.333

2008 $11,301.973 $3,858.451 $2,664.097 $71,386.179 $43,947.969 $8,271.812 $3,488.406 $1,042.513 $10,934.765 $1,314.530 $5,138.175 $33.198 $6,503.850

2009 $11,536.507 $3,903.814 $2,772.588 $64,890.514 $39,484.422 $7,768.755 $3,011.972 $1,328.652 $9,781.161 $1,181.866 $3,682.400 $37.950 $5,892.936

2010 $11,182.759 $3,981.124 $2,846.861 $70,772.243 $42,741.798 $8,061.193 $3,103.274 $1,119.235 $11,130.709 $1,158.595 $5,136.727 $40.266 $6,254.449

2011 $11,404.308 $3,948.027 $2,834.070 $73,889.056 $45,843.934 $8,066.613 $3,196.635 $1,173.485 $12,744.797 $1,264.673 $5,713.011 $42.320 $6,640.208

2012 $11,501.780 $4,124.930 $3,114.754 $76,956.820 $47,899.260 $7,711.086 $3,423.022 $1,263.470 $13,950.065 $1,202.171 $6,462.424 $43.050 $6,582.207

2013 $11,917.800 $4,204.344 $3,187.161 $76,220.591 $47,340.345 $7,753.199 $3,260.392 $1,564.780 $13,952.263 $1,152.677 $5,862.186 $41.085 $6,289.070

2014 $12,354.280 $4,483.162 $3,334.412 $76,776.276 $48,654.823 $7,540.125 $3,326.282 $1,529.851 $14,432.667 $1,195.894 $6,163.368 $39.292 $6,548.253

2015 $12,897.172 $4,678.422 $3,486.534 $73,770.142 $46,877.214 $7,315.735 $3,269.263 $1,485.982 $14,074.492 $1,153.484 $5,936.935 $37.374 $6,279.934

2016 $13,603.174 $4,932.682 $3,683.306 $75,864.744 $48,571.336 $7,631.073 $3,452.207 $1,552.755 $14,560.377 $1,195.756 $6,151.601 $38.225 $6,479.028

2017 $14,345.081 $5,199.766 $3,890.443 $78,734.316 $50,436.650 $7,972.539 $3,648.665 $1,626.116 $15,097.995 $1,241.135 $6,387.481 $39.162 $6,699.210

2018 $15,016.355 $5,441.057 $4,079.055 $81,388.028 $52,165.627 $8,292.097 $3,836.485 $1,696.411 $15,597.137 $1,282.075 $6,606.307 $39.949 $6,900.308

2019 $15,694.224 $5,684.556 $4,270.063 $84,076.598 $53,918.823 $8,614.670 $4,026.651 $1,768.848 $16,106.385 $1,322.435 $6,828.484 $40.711 $7,103.841

2020 $16,347.411 $5,918.937 $4,454.954 $87,081.128 $55,876.643 $8,968.908 $4,232.378 $1,849.476 $16,680.066 $1,366.535 $7,076.934 $41.582 $7,333.590

2021 $17,016.318 $6,158.831 $4,644.725 $90,128.690 $57,864.198 $9,326.667 $4,440.307 $1,932.697 $17,266.416 $1,409.972 $7,329.588 $42.427 $7,566.535







Total Information


Internet


Recording


Internet



Other Information

Services


Insurace




& Related

2001 $2,120.353 $1,293.699 $33,918.206 $6,852.581 $2,237.492 $4,145.691 $16,626.224 $3,814.691 $241.527 $140,245.933 $48,147.950 $166.817 $18,864.273

2002 $2,145.856 $1,458.830 $37,121.882 $8,596.182 $2,456.716 $4,433.975 $15,540.737 $5,696.617 $397.654 $141,567.817 $48,030.385 $180.407 $19,581.249

2003 $2,203.016 $1,931.968 $36,803.121 $8,468.645 $2,270.043 $4,397.520 $15,798.801 $5,437.387 $430.725 $141,286.900 $49,238.814 $165.554 $20,010.404

2004 $2,383.947 $2,696.552 $39,644.138 $9,469.990 $2,346.328 $4,705.400 $16,684.829 $5,872.514 $565.078 $139,581.246 $47,345.856 $141.104 $17,445.480

2005 $2,576.867 $3,202.802 $40,248.352 $9,724.488 $1,962.474 $5,245.178 $17,680.062 $5,064.197 $571.953 $146,245.677 $51,293.463 $153.823 $20,005.883

2006 $2,555.407 $3,659.787 $41,570.445 $8,849.994 $2,108.502 $5,639.514 $18,564.694 $5,746.569 $661.173 $152,003.118 $53,576.113 $173.262 $21,552.813

2007 $2,347.815 $3,164.097 $48,326.899 $10,202.210 $2,532.684 $6,927.076 $23,569.227 $4,414.754 $680.947 $155,672.327 $51,179.959 $162.016 $20,071.215

2008 $2,361.550 $4,859.167 $48,989.600 $9,605.093 $1,925.139 $7,566.533 $24,009.483 $5,118.929 $764.424 $159,981.964 $49,911.685 $164.290 $21,002.738

2009 $2,259.510 $4,539.221 $46,213.763 $8,701.445 $2,217.039 $6,880.149 $22,907.997 $4,885.271 $621.862 $163,567.053 $55,360.241 $214.672 $24,060.965

2010 $2,287.290 $4,450.060 $45,572.540 $8,867.122 $2,222.605 $6,823.419 $22,604.865 $4,438.125 $616.402 $169,434.254 $56,071.309 $211.790 $23,245.755

2011 $2,191.651 $4,810.541 $45,493.146 $8,951.560 $2,143.641 $5,775.963 $23,467.639 $4,524.935 $629.407 $177,869.122 $58,119.839 $230.597 $24,913.959

2012 $2,161.932 $5,099.834 $45,887.796 $9,081.246 $2,310.267 $5,849.908 $23,684.210 $4,326.665 $635.499 $185,562.784 $59,966.249 $176.587 $25,901.937

2013 $2,188.002 $5,276.691 $50,186.377 $9,429.453 $2,596.389 $7,448.802 $25,732.301 $4,256.452 $722.980 $188,770.797 $60,034.753 $175.391 $24,311.229

2014 $2,241.708 $5,637.385 $54,297.369 $9,519.567 $2,637.759 $8,581.343 $28,241.070 $4,511.108 $806.523 $197,842.288 $63,508.771 $176.323 $23,778.009

2015 $2,055.004 $5,264.158 $58,203.203 $10,470.191 $2,805.772 $8,848.428 $30,407.428 $4,823.017 $849.639 $200,172.670 $64,795.456 $181.817 $23,865.006

2016 $2,103.237 $5,407.078 $59,952.055 $10,779.455 $2,868.159 $9,137.765 $31,368.828 $4,979.556 $818.293 $210,015.273 $67,833.703 $192.241 $24,603.203

2017 $2,157.361 $5,566.988 $62,303.316 $11,190.938 $2,958.539 $9,522.382 $32,653.040 $5,187.065 $791.352 $217,962.621 $70,279.403 $200.930 $25,116.404

2018 $2,204.390 $5,710.469 $65,516.635 $11,749.992 $3,088.510 $10,042.840 $34,397.700 $5,467.467 $770.127 $224,495.521 $72,281.854 $208.288 $25,472.645

2019 $2,251.304 $5,855.494 $68,834.552 $12,319.444 $3,221.806 $10,584.092 $36,207.330 $5,757.914 $743.967 $231,147.069 $74,337.354 $215.713 $25,852.771

2020 $2,305.570 $6,021.605 $72,154.227 $12,879.908 $3,353.625 $11,130.693 $38,028.606 $6,049.849 $711.546 $238,884.612 $76,757.899 $224.112 $26,364.854

2021 $2,359.824 $6,189.763 $75,567.038 $13,446.746 $3,488.262 $11,581.246 $39,910.354 $6,350.957 $789.473 $246,794.183 $79,250.650 $232.632 $26,906.743





Year


Investments


Related


Financial Vehicles




Intangible Services




Management Services


Waste Management &


2001 $8,851.197 $18,464.449 $1,801.214 $92,097.984 $75,086.079 $16,389.648 $622.257 $211,285.033 $60,159.129 $5,352.182 $26,182.821 $23,808.229 $2,374.592

2002 $8,021.336 $18,274.844 $1,972.549 $93,537.432 $76,135.688 $16,760.302 $641.442 $217,192.062 $61,428.071 $5,828.645 $25,937.389 $23,376.239 $2,561.150

2003 $7,154.919 $20,381.659 $1,526.278 $92,048.086 $75,955.862 $15,468.256 $623.969 $219,728.099 $61,083.509 $6,274.990 $27,241.949 $24,617.207 $2,624.741

2004 $6,885.434 $21,363.481 $1,510.357 $92,235.389 $76,775.872 $14,782.334 $677.183 $228,593.784 $63,636.930 $7,010.488 $29,219.005 $26,527.304 $2,691.701

2005 $8,205.154 $21,056.748 $1,871.855 $94,952.215 $79,956.840 $14,222.743 $772.631 $236,475.932 $65,931.402 $8,346.994 $32,118.368 $29,333.015 $2,785.353

2006 $9,159.464 $21,521.947 $1,168.627 $98,427.005 $80,840.936 $16,715.467 $870.601 $249,390.285 $70,269.250 $8,953.210 $34,589.279 $31,974.146 $2,615.133

2007 $7,954.535 $22,031.616 $960.577 $104,492.368 $86,432.648 $17,085.304 $974.416 $256,774.227 $73,103.175 $10,296.093 $37,633.813 $34,834.285 $2,799.528

2008 $5,422.588 $22,265.609 $1,056.460 $110,070.279 $89,236.513 $19,941.535 $892.231 $268,252.134 $80,325.400 $10,914.445 $38,827.945 $36,054.603 $2,773.342

2009 $8,436.428 $21,822.364 $825.812 $108,206.813 $89,833.652 $17,571.129 $802.031 $263,041.555 $75,441.727 $10,422.122 $36,890.283 $34,153.118 $2,737.165

2010 $8,827.908 $22,443.101 $1,342.755 $113,362.945 $95,223.235 $17,347.770 $791.939 $271,271.559 $77,643.011 $11,348.560 $39,339.535 $36,131.103 $3,208.432

2011 $8,311.466 $22,740.624 $1,923.193 $119,749.283 $101,244.485 $17,711.587 $793.211 $281,712.938 $80,979.424 $12,264.246 $41,966.044 $39,036.413 $2,929.631

2012 $9,851.058 $22,631.054 $1,405.613 $125,596.535 $105,159.470 $19,573.679 $863.386 $293,159.066 $84,641.186 $13,824.453 $43,569.518 $40,418.218 $3,151.300

2013 $9,309.752 $24,469.295 $1,769.086 $128,736.044 $107,369.780 $20,547.718 $818.546 $299,529.290 $85,517.368 $14,299.567 $45,251.564 $42,131.272 $3,120.293

2014 $9,572.669 $28,050.571 $1,931.199 $134,333.518 $110,125.851 $22,967.234 $1,240.433 $320,158.617 $90,222.823 $18,512.492 $48,927.159 $45,563.111 $3,364.047

2015 $9,906.173 $28,789.529 $2,042.552 $135,409.282 $110,972.652 $23,178.389 $1,236.551 $332,852.726 $94,573.723 $19,527.716 $50,452.321 $46,975.825 $3,465.564

2016 $10,508.029 $30,439.017 $2,091.213 $142,181.570 $116,520.815 $24,376.598 $1,284.157 $349,423.838 $99,389.504 $20,594.129 $53,153.165 $49,504.044 $3,649.122

2017 $11,015.334 $31,829.914 $2,116.821 $147,683.218 $121,005.559 $25,358.975 $1,318.684 $366,186.972 $104,291.995 $21,685.939 $55,910.610 $52,075.099 $3,835.511

2018 $11,449.172 $33,026.328 $2,125.422 $152,213.667 $124,690.280 $26,180.040 $1,343.347 $383,475.615 $109,355.872 $22,818.967 $58,764.698 $54,736.483 $4,028.215

2019 $11,886.054 $34,250.523 $2,132.293 $156,809.715 $128,424.374 $27,017.869 $1,367.472 $401,195.170 $114,554.541 $23,988.051 $61,701.279 $57,475.031 $4,226.247

2020 $12,375.894 $35,646.893 $2,146.145 $162,126.713 $132,744.127 $27,985.917 $1,396.669 $419,314.691 $119,879.452 $25,191.747 $64,715.777 $60,286.500 $4,429.277

2021 $12,871.832 $37,081.120 $2,158.323 $167,543.533 $137,140.368 $28,977.762 $1,425.404 $437,861.367 $125,338.634 $26,432.079 $67,812.518 $63,174.932 $4,637.585







Assistance


Services Hospitals


Care Facilities

Social & Assistance


Performing Arts &

Spectator Sports




Services

Accommoda- tion


Places

2001 $5,861.876 $51,840.757 $27,403.154 $16,272.126 $4,657.622 $3,507.855 $5,880.415 $2,948.686 $257.382 $2,674.346 $29,407.539 $6,008.442 $23,399.097

2002 $5,897.563 $55,005.037 $29,506.464 $17,188.056 $4,734.891 $3,575.627 $6,459.607 $3,463.095 $271.625 $2,724.887 $29,560.766 $6,006.599 $23,554.167

2003 $6,083.769 $56,240.728 $30,280.535 $17,345.036 $4,863.580 $3,751.577 $6,667.296 $3,610.160 $270.605 $2,786.530 $30,017.616 $5,854.396 $24,163.221

2004 $6,407.883 $58,368.657 $31,610.588 $18,114.303 $4,866.306 $3,777.460 $6,764.026 $3,533.072 $285.089 $2,945.866 $30,870.065 $6,125.004 $24,745.060

2005 $6,331.808 $58,992.604 $32,885.428 $17,227.268 $4,934.096 $3,945.812 $6,865.304 $3,518.620 $297.089 $3,049.595 $31,004.719 $6,220.178 $24,784.541

2006 $6,414.032 $62,008.764 $35,120.908 $17,731.397 $5,089.704 $4,066.755 $7,278.471 $3,736.917 $303.880 $3,237.673 $32,113.022 $6,581.189 $25,531.834

2007 $6,581.360 $62,438.283 $35,324.466 $17,877.891 $5,149.733 $4,086.193 $7,178.236 $3,515.290 $291.774 $3,371.171 $31,941.847 $6,620.157 $25,321.691

2008 $6,960.378 $65,876.725 $37,721.058 $18,664.319 $5,269.734 $4,221.613 $7,161.941 $3,491.541 $311.723 $3,358.677 $31,437.638 $6,403.253 $25,034.385

2009 $7,441.791 $69,389.134 $39,671.752 $19,946.462 $5,444.833 $4,326.086 $7,310.560 $3,716.872 $330.795 $3,262.894 $30,060.735 $5,832.699 $24,228.037

2010 $7,656.819 $70,859.439 $40,607.669 $20,247.259 $5,634.311 $4,370.199 $7,508.702 $3,586.277 $347.649 $3,574.776 $31,027.911 $6,112.830 $24,915.082

2011 $7,847.000 $72,385.788 $41,840.449 $20,648.565 $5,694.649 $4,202.125 $7,578.809 $3,537.232 $335.448 $3,706.129 $32,749.445 $6,621.968 $26,127.477

2012 $7,930.456 $73,894.742 $42,697.844 $20,959.427 $5,773.122 $4,464.349 $7,906.488 $3,644.148 $338.269 $3,924.071 $34,205.578 $7,049.552 $27,156.026

2013 $7,848.090 $75,680.347 $43,925.659 $21,262.956 $5,817.323 $4,674.410 $8,187.449 $3,687.939 $351.001 $4,148.509 $35,214.915 $7,487.802 $27,727.114

2014 $7,986.656 $78,658.533 $45,630.481 $22,155.476 $5,997.881 $4,874.695 $8,992.300 $3,875.584 $371.787 $4,744.930 $38,347.168 $7,892.787 $30,454.381

2015 $8,202.958 $82,668.434 $47,957.330 $23,344.452 $6,287.805 $5,060.936 $9,579.374 $4,125.866 $396.411 $5,055.021 $39,135.338 $8,043.877 $31,082.982

2016 $8,595.118 $86,742.860 $50,346.342 $24,565.652 $6,583.280 $5,247.585 $10,014.556 $4,312.073 $414.941 $5,287.541 $41,040.395 $8,426.754 $32,613.641

2017 $8,991.834 $90,889.670 $52,771.341 $25,805.916 $6,880.689 $5,431.724 $10,452.327 $4,498.070 $433.504 $5,520.753 $42,969.549 $8,811.160 $34,158.389

2018 $9,399.392 $95,174.828 $55,281.491 $27,088.864 $7,186.246 $5,618.228 $10,899.864 $4,687.806 $452.478 $5,759.579 $44,952.831 $9,204.884 $35,747.947

2019 $9,815.321 $99,575.988 $57,864.331 $28,408.022 $7,498.094 $5,805.541 $11,354.140 $4,879.941 $471.738 $6,002.461 $46,978.439 $9,605.382 $37,373.057

2020 $10,238.716 $104,086.648 $60,516.613 $29,761.366 $7,815.583 $5,993.085 $11,813.959 $5,073.924 $491.228 $6,248.807 $49,042.033 $10,011.643 $39,030.390

2021 $10,670.087 $108,714.783 $63,243.527 $31,150.980 $8,139.146 $6,181.129 $12,279.767 $5,269.910 $510.966 $6,498.891 $51,146.054 $10,424.042 $40,722.012





Year






Private Households

Total Government

Total Federal

Government

Federal Civilian

Government

Federal Military

Government


State Government

Local Government


2001 $26,600.314 $9,505.193 $7,649.866 $7,858.420 $1,586.835 $122,126.507 $30,533.154 $19,282.139 $11,251.015 $91,593.353 $22,424.175 $69,169.178 $987,354.473

2002 $27,074.983 $9,470.745 $7,943.818 $8,213.625 $1,446.795 $126,015.318 $31,752.185 $19,581.039 $12,171.146 $94,263.133 $23,178.735 $71,084.398 $1,002,146.652

2003 $26,118.242 $8,685.291 $7,653.366 $8,235.442 $1,544.143 $128,176.418 $32,679.890 $19,931.605 $12,748.285 $95,496.528 $23,293.182 $72,203.345 $1,003,300.897

2004 $26,316.731 $8,716.369 $7,832.653 $8,187.986 $1,579.723 $126,913.586 $33,184.244 $20,149.641 $13,034.603 $93,729.342 $22,618.133 $71,111.209 $1,051,862.223

2005 $26,884.733 $9,298.065 $8,241.917 $7,846.950 $1,497.802 $128,707.550 $33,521.385 $20,262.267 $13,259.118 $95,186.165 $23,285.130 $71,901.034 $1,071,744.854

2006 $27,764.257 $9,901.419 $8,629.350 $7,743.270 $1,490.217 $129,935.924 $34,703.492 $20,648.389 $14,055.103 $95,232.432 $23,411.526 $71,820.906 $1,132,578.414

2007 $27,601.421 $9,817.125 $8,339.066 $7,876.299 $1,568.931 $132,785.802 $34,946.172 $20,845.759 $14,100.413 $97,839.631 $23,704.493 $74,135.138 $1,179,291.408

2008 $26,747.663 $9,386.832 $7,453.915 $8,272.002 $1,634.914 $135,295.433 $36,298.133 $21,163.915 $15,134.218 $98,997.300 $23,996.390 $75,000.910 $1,186,664.833

2009 $26,085.203 $9,103.810 $7,258.171 $8,300.671 $1,422.551 $140,001.276 $38,062.984 $21,827.712 $16,235.272 $101,938.293 $24,772.057 $77,166.236 $1,171,475.478

2010 $25,887.581 $9,207.841 $7,333.371 $8,136.204 $1,210.165 $142,674.479 $38,749.432 $22,817.321 $15,932.111 $103,925.047 $25,596.147 $78,328.900 $1,208,105.012

2011 $25,942.182 $9,435.897 $7,336.065 $7,910.142 $1,260.078 $140,951.871 $38,672.821 $22,689.229 $15,983.592 $102,279.050 $25,533.558 $76,745.492 $1,250,161.613

2012 $27,186.645 $10,004.065 $7,804.905 $8,068.477 $1,309.199 $143,477.963 $38,602.389 $22,715.239 $15,887.150 $104,875.573 $26,795.377 $78,080.196 $1,316,342.216

2013 $27,529.990 $10,071.145 $7,880.535 $8,231.490 $1,346.820 $143,175.686 $37,019.949 $21,865.207 $15,154.741 $106,155.737 $27,241.615 $78,914.122 $1,364,980.672

2014 $28,511.488 $10,438.414 $8,131.643 $8,427.976 $1,513.454 $144,172.984 $36,408.005 $21,853.304 $14,554.701 $107,764.979 $27,462.113 $80,302.866 $1,420,844.181

2015 $28,784.994 $10,549.029 $8,194.422 $8,501.774 $1,533.532 $145,203.684 $36,621.751 $21,982.056 $14,639.695 $108,565.186 $27,685.261 $80,879.925 $1,475,534.613

2016 $29,894.110 $10,972.922 $8,496.447 $8,825.324 $1,599.417 $149,346.646 $37,622.044 $22,582.431 $15,039.613 $111,724.602 $28,510.747 $83,213.855 $1,496,216.648

2017 $30,995.050 $11,394.500 $8,791.577 $9,143.616 $1,665.356 $153,337.689 $38,571.617 $23,151.831 $15,419.786 $114,766.072 $29,307.250 $85,458.822 $1,561,348.418

2018 $32,109.163 $11,824.099 $9,087.471 $9,464.723 $1,732.869 $156,751.289 $39,367.575 $23,628.462 $15,739.113 $117,383.715 $29,996.541 $87,387.174 $1,628,889.311

2019 $33,227.411 $12,258.611 $9,381.378 $9,785.907 $1,801.514 $160,187.282 $40,160.642 $24,102.764 $16,057.878 $120,026.640 $30,693.243 $89,333.397 $1,698,399.670

2020 $34,346.359 $12,696.979 $9,672.149 $10,106.082 $1,871.149 $163,682.510 $40,959.658 $24,580.009 $16,379.649 $122,722.852 $31,404.536 $91,318.316 $1,763,554.538

2021 $35,467.444 $13,139.940 $9,960.012 $10,425.597 $1,941.896 $167,200.523 $41,755.082 $25,054.439 $16,700.643 $125,445.441 $32,123.559 $93,321.882 $1,829,951.817



Historical and Projected Values of Employment by Detailed Industrial Classification for Texas, page 1



Forestry, Fishing,

Related Other

Forestry & Logging




Mining (Except,

Oil & Gas)




2001 88.473 59.135 29.338 2.672 1.771 24.895 151.304 64.966 9.660 76.678 50.799 602.330 152.628

2002 79.365 49.973 29.392 2.627 1.729 25.036 143.448 64.161 9.762 69.525 51.608 591.970 153.065

2003 75.860 46.905 28.955 2.470 1.633 24.852 143.872 62.964 9.919 70.989 48.460 576.748 147.318

2004 71.492 42.602 28.890 2.415 1.657 24.818 150.570 64.056 10.180 76.334 47.271 570.300 138.507

2005 76.168 46.382 29.786 2.383 1.614 25.789 162.961 66.333 9.472 87.156 45.862 590.077 142.471

2006 68.029 39.304 28.725 2.230 1.618 24.877 184.070 70.735 9.861 103.474 44.559 630.573 153.996

2007 71.421 42.917 28.504 2.132 1.619 24.753 204.114 75.771 10.362 117.981 45.605 672.912 160.618

2008 71.641 42.547 29.094 2.214 1.609 25.271 230.103 84.450 11.078 134.575 47.516 700.477 165.624

2009 78.498 48.340 30.158 2.063 1.801 26.294 203.253 86.520 9.848 106.885 48.050 626.602 146.513

2010 74.886 43.326 31.560 1.923 1.754 27.883 202.972 81.897 9.493 111.582 48.301 585.279 136.412

2011 73.717 41.977 31.740 1.846 1.776 28.118 233.875 87.976 9.448 136.451 49.010 583.161 135.305

2012 75.817 43.718 32.099 1.771 1.680 28.648 268.335 96.676 10.133 161.526 48.693 602.678 133.873

2013 80.055 47.503 32.552 1.777 1.813 28.962 287.505 104.101 10.187 173.217 48.981 632.749 139.453

2014 80.261 47.052 33.209 1.787 1.906 29.516 304.261 101.888 11.134 191.239 49.003 672.200 151.259

2015 80.631 47.167 33.464 1.782 1.899 29.784 275.124 91.844 9.479 173.801 50.975 705.447 162.460

2016 80.973 47.265 33.708 1.776 1.891 30.042 239.288 79.633 7.897 151.759 51.416 730.600 171.422

2017 81.379 47.400 33.980 1.771 1.885 30.324 256.193 84.993 8.195 163.005 51.878 743.062 176.968

2018 81.690 47.478 34.212 1.764 1.876 30.572 268.871 88.921 8.391 171.559 52.384 757.476 182.570

2019 81.984 47.546 34.438 1.757 1.867 30.815 282.601 93.171 8.633 180.796 52.863 770.322 187.470

2020 82.304 47.629 34.676 1.750 1.858 31.068 287.818 94.596 8.620 184.601 53.412 779.596 191.237

2021 82.608 47.701 34.907 1.742 1.849 31.315 292.992 95.997 8.609 188.386 53.929 788.868 194.792






Specialty Trade

Contractors


NonMetallic Mineral

Products









Vehicles

2001 105.289 344.413 1,031.529 650.468 31.445 44.517 28.049 123.278 87.677 157.872 22.360 32.483 52.097

2002 102.575 336.330 951.797 593.016 29.597 44.438 25.858 114.491 81.724 130.131 19.428 31.050 49.322

2003 99.981 329.449 903.737 562.642 26.608 43.076 24.630 106.153 77.957 115.488 18.240 29.832 55.317

2004 103.491 328.302 892.529 562.173 27.146 43.334 24.882 107.228 77.403 112.893 17.777 30.767 55.154

2005 109.977 337.629 902.746 575.160 27.515 43.726 24.389 114.454 80.313 113.227 17.846 31.612 57.420

2006 119.877 356.700 929.496 604.197 28.386 44.578 25.897 125.012 87.996 111.863 19.122 35.222 60.060

2007 132.065 380.229 934.784 614.840 27.154 44.673 25.901 131.062 94.061 111.420 19.710 36.970 60.287

2008 138.829 396.024 924.223 608.554 24.992 42.028 25.658 135.157 96.012 109.917 20.366 34.158 60.516

2009 120.361 359.728 838.585 537.366 21.154 35.816 20.027 117.911 87.515 98.996 18.075 28.244 56.884

2010 114.839 334.028 811.201 515.892 19.439 32.944 19.768 112.336 85.615 94.818 16.973 28.952 55.101

2011 119.751 328.105 837.535 543.773 18.756 32.126 21.308 122.297 94.886 98.654 17.606 31.891 55.849

2012 130.604 338.201 864.226 569.119 19.348 32.253 22.432 133.660 103.469 96.966 18.770 33.835 57.286

2013 134.471 358.825 874.490 578.952 20.020 33.824 23.095 136.431 106.435 95.200 19.268 35.636 56.905

2014 139.876 381.065 887.940 590.128 21.270 35.215 23.133 142.814 109.116 95.875 19.717 36.995 53.719

2015 145.422 397.565 881.334 585.599 21.119 34.849 22.962 141.337 109.052 94.648 19.613 36.975 53.469

2016 149.378 409.800 859.920 571.201 20.611 33.899 22.403 137.490 107.131 91.845 19.177 36.326 52.312

2017 150.845 415.249 867.864 577.068 20.834 34.153 22.639 138.526 109.005 92.310 19.420 36.963 53.009

2018 152.811 422.095 876.514 582.968 21.059 34.408 22.876 139.564 110.906 92.772 19.666 37.610 53.713

2019 154.540 428.312 885.432 589.094 21.292 34.673 23.122 140.647 112.872 93.264 19.920 38.279 54.441

2020 155.619 432.741 892.820 594.329 21.494 34.885 23.333 141.511 114.689 93.607 20.145 38.897 55.090

2021 156.750 437.325 900.158 599.535 21.694 35.093 23.543 142.361 116.520 93.940 20.370 39.520 55.739





Year Furniture &



NonDurable Goods

Food Manufacturing





Paper Manufacturing




2001 33.626 37.064 381.061 93.551 11.392 3.533 9.144 26.961 5.496 26.563 44.454 24.067 83.888

2002 31.498 35.479 358.781 93.514 11.053 3.340 8.444 20.952 4.815 25.126 40.827 23.629 78.941

2003 30.669 34.672 341.095 91.420 10.820 3.450 8.243 14.850 4.509 23.879 38.516 23.254 76.386

2004 31.052 34.537 330.356 89.974 10.262 3.346 8.184 11.388 4.324 22.392 37.339 23.332 74.489

2005 31.364 33.294 327.586 91.571 10.532 3.271 8.053 9.473 4.408 21.697 36.174 22.882 73.389

2006 32.997 33.064 325.299 91.313 11.057 3.166 8.032 7.971 4.374 20.657 35.197 23.554 73.238

2007 31.658 31.944 319.944 88.214 11.303 3.094 7.984 6.336 4.425 20.149 34.544 24.415 74.397

2008 29.058 30.692 315.669 87.746 11.499 3.115 7.141 5.592 4.122 19.325 33.046 25.383 75.093

2009 24.477 28.267 301.219 88.367 11.397 2.577 6.184 5.018 3.992 18.021 29.672 25.211 71.982

2010 22.642 27.304 295.309 88.907 11.203 2.565 5.898 4.578 3.969 17.649 28.394 24.399 70.521

2011 21.983 28.417 293.762 87.485 11.347 2.809 5.838 4.735 3.941 17.484 27.178 24.528 71.376

2012 22.152 28.948 295.107 86.007 11.791 2.879 5.764 4.879 4.046 17.225 26.372 24.643 73.631

2013 22.224 29.914 295.538 84.154 12.270 2.897 5.906 4.863 4.462 16.938 25.743 24.816 75.101

2014 21.972 30.302 297.812 85.307 12.795 2.710 6.128 4.722 4.298 16.887 25.759 22.800 77.595

2015 21.448 30.128 295.735 84.738 12.718 2.674 6.069 4.629 4.177 16.492 25.611 22.685 77.357

2016 20.579 29.428 288.719 82.751 12.428 2.593 5.910 4.462 3.990 15.833 25.033 22.190 75.817

2017 20.451 29.757 290.796 83.369 12.528 2.595 5.939 4.436 3.933 15.682 25.242 22.391 76.657

2018 20.323 30.071 293.546 84.179 12.658 2.602 5.982 4.421 3.885 15.567 25.508 22.645 77.678

2019 20.202 30.382 296.337 85.000 12.788 2.610 6.027 4.405 3.837 15.452 25.778 22.901 78.713

2020 20.049 30.630 298.492 85.637 12.891 2.611 6.060 4.380 3.782 15.304 25.992 23.108 79.582

2021 19.895 30.860 300.624 86.266 12.993 2.613 6.093 4.354 3.727 15.155 26.204 23.314 80.448





Year Plastics &

Rubber Products



Home Stores


Stores

Building Material &

Garden Stores

Food & Beverage

Stores


Stores

Gasoline Stations

Clothing & Clothing

Accessories


Book, Music

2001 52.012 1,610.240 476.635 1,133.605 152.165 41.414 46.992 78.402 212.789 56.792 71.721 99.832 41.439

2002 48.140 1,587.114 463.994 1,123.120 154.500 41.927 42.834 83.065 203.979 57.257 70.807 98.013 39.993

2003 45.768 1,557.216 461.990 1,095.226 152.795 40.614 41.155 81.175 195.269 56.869 68.883 99.166 37.746

2004 45.326 1,570.159 467.589 1,102.570 152.807 41.535 42.690 84.337 195.901 57.459 69.806 100.948 35.771

2005 46.136 1,605.875 479.963 1,125.912 152.989 43.201 44.912 86.765 193.468 57.214 69.426 104.938 36.984

2006 46.740 1,652.835 502.901 1,149.934 155.671 44.733 46.102 92.713 197.124 58.986 68.479 111.843 37.545

2007 45.083 1,702.704 523.539 1,179.165 159.604 46.322 46.527 94.623 201.041 62.212 69.100 121.194 37.519

2008 43.607 1,724.926 533.951 1,190.975 158.211 44.728 47.180 93.546 204.782 64.385 69.872 118.342 38.250

2009 38.798 1,662.459 503.182 1,159.277 144.490 39.627 41.058 91.379 207.607 65.497 71.006 115.165 40.190

2010 37.226 1,646.414 499.769 1,146.645 143.090 37.849 43.295 88.843 206.865 66.953 69.782 115.639 39.684

2011 37.041 1,689.458 517.723 1,171.735 148.413 37.522 43.862 89.770 209.716 67.967 71.859 120.877 39.105

2012 37.870 1,740.930 542.974 1,197.956 155.727 37.512 42.069 91.076 213.426 69.366 75.058 126.422 39.896

2013 38.388 1,793.335 562.995 1,230.340 164.160 38.366 39.897 96.188 220.703 71.239 79.574 122.199 40.894

2014 38.811 1,847.938 580.402 1,267.536 172.446 39.478 41.147 98.829 226.196 73.221 80.634 117.051 41.193

2015 38.585 1,914.952 601.675 1,313.277 178.688 40.901 42.873 102.544 234.800 75.707 83.588 120.615 42.605

2016 37.711 1,976.515 621.251 1,355.264 184.421 42.207 44.492 105.975 242.762 77.966 86.305 123.793 43.890

2017 38.022 2,032.713 639.155 1,393.558 189.652 43.397 46.004 109.127 250.089 80.003 88.790 126.597 45.051

2018 38.421 2,076.358 653.123 1,423.234 193.711 44.319 47.243 111.611 255.892 81.538 90.727 128.587 45.930

2019 38.824 2,119.129 666.827 1,452.301 197.687 45.221 48.472 114.053 261.605 83.030 92.627 130.497 46.785

2020 39.143 2,155.570 678.549 1,477.021 201.073 45.988 49.565 116.160 266.552 84.267 94.251 131.992 47.498

2021 39.457 2,191.955 690.262 1,501.693 204.453 46.753 50.665 118.269 271.507 85.496 95.873 133.463 48.206





Year General

Merchandise Stores


NonStore Retailers


Utilities


Air Transportation

Rail Transportation



Transit & Ground

Passenger



Transportation


Transportation

2001 235.227 70.085 26.747 409.170 358.371 77.222 15.450 5.233 110.122 17.256 17.679 0.822 57.927

2002 239.190 66.889 24.666 396.941 345.333 72.227 15.305 5.008 105.948 17.529 15.296 0.709 55.937

2003 236.914 63.495 21.145 389.872 341.412 67.703 15.274 4.628 103.075 16.964 13.647 0.662 57.393

2004 236.596 63.402 21.318 403.326 356.055 66.544 15.987 4.342 106.514 16.437 12.195 0.645 61.245

2005 251.578 63.299 21.138 411.519 365.657 63.178 16.715 4.476 111.476 16.624 12.152 0.710 64.376

2006 253.197 62.654 20.887 425.769 381.210 63.477 17.462 4.796 117.814 16.928 12.515 0.674 68.001

2007 258.207 61.458 21.358 439.456 393.851 64.899 17.600 4.948 122.197 17.523 13.283 0.722 69.870

2008 267.594 62.281 21.804 446.358 398.842 64.397 17.145 5.043 121.125 18.068 12.910 0.662 72.725

2009 263.043 59.814 20.401 424.714 376.664 61.433 15.891 5.207 111.022 18.706 13.453 0.743 67.225

2010 256.629 58.467 19.549 422.471 374.170 60.712 15.651 4.997 109.488 18.301 15.310 0.773 68.097

2011 263.535 59.130 19.979 439.337 390.327 61.352 16.581 4.583 119.218 19.066 15.869 0.809 71.518

2012 266.060 60.560 20.784 455.256 406.563 60.696 17.138 4.963 129.886 19.453 16.409 0.843 73.514

2013 274.912 62.009 20.199 464.790 415.809 59.445 17.562 5.046 134.506 20.088 15.844 0.831 74.744

2014 291.151 65.245 20.945 481.886 432.883 54.034 18.173 5.265 142.854 21.530 17.035 0.824 79.231

2015 301.595 67.663 21.698 496.132 445.156 55.677 18.707 5.425 146.716 22.197 17.552 0.841 81.331

2016 311.171 69.893 22.390 500.726 449.310 56.309 18.901 5.487 147.895 22.461 17.750 0.842 81.943

2017 319.893 71.935 23.021 508.137 456.258 57.294 19.213 5.583 149.989 22.867 18.059 0.849 83.060

2018 326.632 73.535 23.510 516.249 463.864 58.366 19.553 5.687 152.292 23.307 18.395 0.856 84.293

2019 333.227 75.107 23.990 524.383 471.520 59.448 19.896 5.793 154.605 23.752 18.734 0.863 85.529

2020 338.821 76.456 24.398 533.532 480.120 60.654 20.279 5.910 157.220 24.246 19.112 0.872 86.931

2021 344.399 77.804 24.806 542.698 488.770 61.871 20.665 6.029 159.844 24.746 19.494 0.881 88.337







Total Information


Internet


Recording


Internet



Other Information

Services


Insurace




& Related

2001 36.782 19.878 270.222 55.927 17.408 25.166 126.406 42.892 2.423 580.386 402.091 1.769 195.740

2002 35.511 21.863 249.778 53.200 17.882 25.094 112.248 38.946 2.408 585.001 407.756 1.920 201.725

2003 36.455 25.611 236.534 50.682 18.140 25.311 101.964 36.839 3.598 593.923 418.419 1.916 210.688

2004 35.854 36.292 226.539 49.445 16.932 25.409 95.540 35.390 3.823 602.512 425.612 1.755 218.324

2005 37.107 38.843 223.711 49.672 16.733 25.873 92.373 35.170 3.890 616.575 437.946 1.721 229.814

2006 38.431 41.112 223.750 50.039 16.892 26.368 89.402 36.969 4.080 639.319 456.718 1.831 241.756

2007 38.976 43.833 222.157 49.237 16.456 26.574 95.356 30.021 4.513 652.391 465.182 1.856 246.407

2008 38.917 47.850 217.517 47.417 16.317 23.602 96.325 29.220 4.636 659.599 467.409 1.892 242.453

2009 35.882 47.102 205.543 43.478 16.499 22.135 92.506 26.434 4.491 641.043 458.406 1.831 237.100

2010 34.779 46.062 195.789 41.142 16.562 21.601 86.046 25.915 4.523 638.795 463.249 1.721 238.304

2011 35.630 45.701 195.887 40.562 16.881 18.805 87.095 27.389 5.155 655.305 476.380 1.777 243.162

2012 36.479 47.182 197.235 40.424 17.969 18.759 85.045 29.118 5.920 676.791 492.851 1.316 251.949

2013 38.519 49.224 201.239 39.540 20.308 18.754 86.328 29.707 6.602 699.732 507.184 1.385 258.926

2014 42.378 51.559 203.118 39.048 21.028 19.232 86.491 30.458 6.861 718.673 517.505 1.392 255.044

2015 43.678 53.032 209.437 40.306 21.596 19.928 89.056 31.412 7.139 735.368 529.036 1.432 260.312

2016 44.184 53.538 211.984 40.840 21.771 20.266 90.014 31.801 7.292 755.299 542.874 1.479 266.697

2017 44.968 54.377 214.663 41.402 21.956 20.616 91.027 32.211 7.452 770.199 553.074 1.516 271.276

2018 45.820 55.295 217.625 42.019 22.167 20.992 92.159 32.664 7.624 779.360 559.141 1.543 273.816

2019 46.681 56.219 220.581 42.637 22.374 21.367 93.287 33.117 7.798 785.915 563.331 1.564 275.429

2020 47.638 57.256 223.948 43.336 22.620 21.780 94.588 33.633 7.990 797.215 570.914 1.595 278.692

2021 48.605 58.299 227.306 44.036 22.861 22.192 95.884 34.149 8.184 808.427 578.423 1.626 281.909





Year


Investments


Related


Financial Vehicles




Intangible Services




Management Services


Waste Management &


2001 46.662 157.255 0.665 178.295 115.787 60.390 2.118 3,451.310 480.552 35.697 586.683 564.790 21.893

2002 45.481 157.964 0.666 177.245 116.341 58.906 1.998 3,500.113 464.959 40.341 568.254 545.102 23.152

2003 44.060 161.010 0.745 175.504 115.507 58.126 1.871 3,538.496 459.533 41.333 558.101 536.011 22.090

2004 44.537 160.205 0.791 176.900 116.784 58.264 1.852 3,637.507 474.823 47.291 582.907 560.641 22.266

2005 46.457 158.931 1.023 178.629 117.979 58.671 1.979 3,755.410 500.285 53.329 615.690 591.838 23.852

2006 48.734 163.359 1.038 182.601 120.581 59.837 2.183 3,909.696 533.336 57.042 657.408 632.254 25.154

2007 52.837 163.818 0.264 187.209 124.028 60.955 2.226 4,072.525 566.076 67.909 679.973 654.114 25.859

2008 56.146 166.683 0.235 192.190 127.967 61.895 2.328 4,186.112 595.335 74.991 683.518 656.525 26.993

2009 54.296 165.011 0.168 182.637 125.310 55.083 2.244 4,148.236 570.470 77.097 622.682 597.358 25.324

2010 54.140 168.929 0.155 175.546 121.937 51.471 2.138 4,193.123 573.982 79.375 633.308 608.125 25.183

2011 56.013 175.320 0.108 178.925 124.200 52.590 2.135 4,343.311 593.233 83.406 675.365 648.573 26.792

2012 57.838 181.687 0.061 183.940 126.246 55.472 2.222 4,516.437 627.780 89.976 707.501 679.207 28.294

2013 59.363 187.419 0.091 192.548 131.737 58.472 2.339 4,661.755 653.185 92.544 728.700 699.573 29.127

2014 60.991 199.949 0.129 201.168 136.381 62.393 2.394 4,854.583 684.600 110.357 763.295 732.404 30.891

2015 62.449 204.668 0.175 206.332 139.871 64.007 2.454 5,039.716 711.372 114.686 792.017 759.968 32.049

2016 64.184 210.293 0.222 212.426 143.991 65.910 2.524 5,215.280 736.833 118.804 819.200 786.054 33.145

2017 65.493 214.521 0.268 217.124 147.165 67.382 2.578 5,377.470 760.440 122.625 844.246 810.092 34.155

2018 66.316 217.155 0.312 220.218 149.251 68.355 2.613 5,544.248 784.729 126.557 869.978 834.787 35.191

2019 66.919 219.065 0.355 222.583 150.842 69.103 2.639 5,710.595 808.991 130.485 895.606 859.383 36.223

2020 67.927 222.300 0.399 226.301 153.349 70.270 2.681 5,877.926 833.425 134.443 921.351 884.091 37.260

2021 68.929 225.515 0.443 230.005 155.848 71.435 2.723 6,046.188 858.024 138.427 947.203 908.903 38.301







Assistance


Services Hospitals


Care Facilities

Social & Assistance


Performing Arts &

Spectator Sports




Services

Accommoda- tion


Places

2001 118.210 875.488 380.233 240.083 144.698 110.474 94.419 20.137 6.543 67.739 750.265 94.343 655.922

2002 125.925 914.124 401.810 249.341 146.330 116.643 97.936 21.668 6.592 69.676 759.860 90.588 669.272

2003 126.926 950.584 424.421 258.169 148.286 119.708 97.939 21.647 6.666 69.626 772.902 89.435 683.467

2004 128.813 974.959 443.972 259.797 150.143 121.047 101.619 22.175 7.059 72.385 794.057 92.096 701.961

2005 129.400 1,003.998 463.108 262.161 151.993 126.736 103.170 21.436 7.129 74.605 817.120 96.190 720.930

2006 132.727 1,037.041 484.691 265.918 154.137 132.295 104.997 21.491 7.232 76.274 850.071 98.296 751.775

2007 138.462 1,073.266 507.433 272.549 156.134 137.150 108.640 21.964 7.513 79.163 884.020 101.135 782.885

2008 143.212 1,108.286 529.055 278.740 159.472 141.019 110.172 21.740 7.805 80.627 908.304 103.847 804.457

2009 148.381 1,155.391 558.467 287.195 164.927 144.802 111.693 23.439 7.930 80.324 906.035 100.063 805.972

2010 153.578 1,195.195 583.398 292.420 172.085 147.292 111.953 23.968 8.559 79.426 903.182 100.928 802.254

2011 159.028 1,225.814 606.425 298.533 175.026 145.830 111.488 23.981 8.345 79.162 938.896 106.110 832.786

2012 162.971 1,263.159 625.953 302.757 176.840 157.609 113.104 23.987 8.565 80.552 981.693 109.529 872.164

2013 165.630 1,294.010 639.490 306.081 177.539 170.900 118.888 25.865 8.969 84.054 1,028.047 112.376 915.671

2014 169.054 1,326.634 655.871 307.203 181.372 182.188 125.914 27.627 9.724 88.563 1,070.515 116.276 954.239

2015 175.974 1,382.236 683.444 320.688 188.509 189.595 131.127 28.780 10.131 92.217 1,107.057 121.094 985.962

2016 182.592 1,435.581 709.908 333.698 195.301 196.674 136.122 29.886 10.521 95.715 1,141.191 125.710 1,015.481

2017 188.774 1,485.590 734.729 345.978 201.605 203.279 140.794 30.922 10.886 98.986 1,172.112 130.028 1,042.084

2018 195.147 1,537.204 760.348 358.676 208.094 210.086 145.614 31.991 11.263 102.360 1,203.756 134.482 1,069.274

2019 201.534 1,589.040 786.084 371.471 214.578 216.906 150.450 33.064 11.642 105.744 1,235.024 138.950 1,096.075

2020 207.987 1,641.493 812.132 384.457 221.112 223.792 155.339 34.150 12.025 109.165 1,266.224 143.467 1,122.758

2021 214.503 1,694.552 838.485 397.632 227.692 230.744 160.281 35.248 12.412 112.621 1,297.341 148.031 1,149.311





Year






Private Households

Total Government

Total Federal

Government

Federal Civilian

Government

Federal Military

Government


State Government

Local Government


2001 509.996 109.610 97.712 195.541 107.133 1,734.567 341.074 173.500 167.574 1,393.493 324.143 1,069.350 9,929.531

2002 528.714 108.767 97.080 207.847 115.020 1,781.885 351.734 179.278 172.456 1,430.151 332.251 1,097.900 9,867.412

2003 531.178 107.529 96.367 210.476 116.806 1,803.339 352.344 180.900 171.444 1,450.995 332.753 1,118.242 9,819.597

2004 533.038 106.995 96.210 210.318 119.515 1,806.556 349.258 179.842 169.416 1,457.298 328.383 1,128.915 9,931.490

2005 532.418 109.140 95.927 207.650 119.701 1,826.790 342.462 181.295 161.167 1,484.328 336.876 1,147.452 10,171.832

2006 537.074 110.106 97.516 208.540 120.912 1,862.017 356.228 184.552 171.676 1,505.789 341.746 1,164.043 10,525.554

2007 554.179 112.597 100.131 214.139 127.312 1,886.158 364.481 186.940 177.541 1,521.677 339.089 1,182.588 10,858.622

2008 562.294 113.459 103.136 217.872 127.827 1,937.346 377.222 191.689 185.533 1,560.124 345.392 1,214.732 11,098.302

2009 556.487 110.488 101.739 217.480 126.780 1,983.785 387.709 198.361 189.348 1,596.076 353.451 1,242.625 10,812.718

2010 542.550 110.130 97.532 221.272 113.616 2,019.851 393.981 210.381 183.600 1,625.870 367.541 1,258.329 10,790.781

2011 556.081 115.100 99.343 220.364 121.274 1,991.022 385.975 202.171 183.804 1,605.047 364.707 1,240.340 11,042.608

2012 570.253 119.745 100.620 226.446 123.442 1,969.945 384.141 199.941 184.200 1,585.804 365.110 1,220.694 11,367.650

2013 580.751 125.801 104.316 228.199 122.435 1,975.722 375.487 197.745 177.742 1,600.235 363.630 1,236.605 11,671.372

2014 604.214 128.515 107.599 232.356 135.744 1,983.948 366.258 193.961 172.297 1,617.690 360.181 1,257.509 12,034.808

2015 625.246 132.928 110.996 240.222 141.101 2,019.839 370.799 196.795 174.004 1,649.040 367.915 1,281.125 12,357.980

2016 644.956 137.058 114.135 247.562 146.201 2,059.890 376.022 200.003 176.019 1,683.868 376.457 1,307.411 12,630.475

2017 662.887 140.807 116.938 254.204 150.938 2,089.866 379.330 202.204 177.126 1,710.537 383.204 1,327.332 12,941.547

2018 681.263 144.649 119.799 261.001 155.814 2,112.544 381.256 203.674 177.581 1,731.288 388.650 1,342.638 13,230.934

2019 699.464 148.451 122.609 267.714 160.689 2,132.396 382.625 204.853 177.773 1,749.770 393.606 1,356.164 13,513.336

2020 717.664 152.252 125.398 274.411 165.603 2,154.044 384.273 206.184 178.088 1,769.771 398.923 1,370.848 13,784.774

2021 735.856 156.049 128.166 281.088 170.553 2,175.560 385.850 207.483 178.367 1,789.710 404.247 1,385.464 14,056.762



TABLES FOR THE LUBBOCK MSA



Lubbock MSA Economic Indicators

Economic Outlook for Lubbock MSA 2016 - 2021



Projected Increase

Real Gross Product* $11.981 billion $14.364 billion 3.70% $2.383 billion

Population 311,542 331,671 1.26% 20,130

Wage & Salary Employment 150,543 166,173 2.00% 15,630

Real Personal Income* $11.106 billion $13.812 billion 4.46% $2.705 billion

Real Retail Sales* $5.038 billion $6.263 billion 4.45% $1.225 billion

Total Housing Permits 1,634 1,735 1.21% 101

*Compound Annual Growth Rate, meaning that it reflects changes in the base from which growth is calculated. Real Gross Product and Real Retail Sales are computed in 2009 dollars. Real Personal Income by place of residence, in 2009 dollars. 'Projected Increase' may differ from the difference of the table values due to rounding. See the Appendices for further information.



Lubbock MSA Employment and RGP

Projected 2016 - 2021 Lubbock MSA Employment and Output (RGP) Growth by Sector

Sector Projected Employment Change


Projected Output Change


Agriculture 14 0.21% $0.008 billion 1.41%

Mining 77 4.27% $0.123 billion 6.53%

Construction 508 1.46% $0.082 billion 2.69%

Total Manufacturing 237 0.95% $0.133 billion 4.30%

Durable Mfg. 131 0.91% $0.082 billion 4.95%

Nondurable Mfg. 106 1.01% $0.052 billion 3.56%

Trade 2,543 1.88% $0.499 billion 4.05%

TWU* 231 0.92% $0.085 billion 3.13%

Information 163 0.85% $0.168 billion 3.87%

FIRE* 486 1.16% $0.229 billion 3.06%

Services 9,456 2.85% $0.771 billion 4.49%

Government 1,914 1.19% $0.286 billion 2.41%

TOTAL 15,630 2.00% $2.383 billion 3.70% *Compound Annual Growth Rate, meaning that it reflects changes in the base from which growth is calculated. TWU is Transportation, Warehousing, & Utilities; FIRE is Finance, Insurance, & Real Estate. See Appendices for more information.



Historical and Projected Values of Key Economic Indicators for Lubbock MSA

GROSS AREA PRODUCT - Millions of Dollars; REAL GROSS AREA PRODUCT - Millions of 2009 Dollars; PERSONAL INCOME (By place of residence and work) - Millions of Dollars; REAL PERSONAL INCOME (By place of residence and work) - Millions of 2009 Dollars; EMPLOYMENT - Thousands of

Persons; TEXAS CONSUMER PRICE INDEX - 2009 = 100; GROSS PRODUCT DEFLATOR - 2009 = 100; POPULATION - Thousands of Persons; INDUSTRIAL PRODUCTION INDEX - 2009 = 100; LABOR PRODUCTIVITY - 2009 Dollars per Employee; RETAIL SALES - Millions of Dollars; REAL

RETAIL SALES - Millions of 2009 Dollars; HOUSING PERMITS - Number of Single and Multi-Family Units

Year Gross Area

Product

Real Gross Area

Product

Personal Income

(residence)


(residence)

Personal Income (work)

Real Personal Income (work)

Total Employment

Wage and Salary

Employment Population

Gross Product Deflator

Texas Consumer Price Index


Index

Labor Productivity

Retail Sales

Real Retail Sales

Housing Permits

2001 $6,793.852 $8,328.987 $6,264.136 $7,442.690 $4,796.169 $5,698.535 157.316 127.874 260.015 81.6 84.2 95.6 $65,134 N/A N/A 1,730

2002 $7,219.907 $8,648.924 $6,536.679 $7,700.977 $5,046.390 $5,945.241 157.033 126.956 262.680 83.5 84.9 93.5 $68,125 $3,448.346 $4,062.558 1,875

2003 $7,654.162 $8,931.439 $6,945.273 $7,982.097 $5,271.288 $6,058.212 157.016 124.971 266.338 85.7 87.0 93.8 $71,468 $3,522.581 $4,048.449 2,958

2004 $8,226.277 $9,236.708 $7,188.257 $8,068.920 $5,569.091 $6,251.384 160.081 126.436 268.466 89.1 89.1 101.5 $73,054 $3,777.944 $4,240.796 3,779

2005 $8,674.187 $9,474.680 $7,624.985 $8,272.057 $5,786.870 $6,277.956 162.958 128.383 270.478 91.6 92.2 106.2 $73,800 $3,927.250 $4,260.525 1,784

2006 $9,173.540 $9,770.117 $8,026.285 $8,465.450 $6,081.731 $6,414.498 165.871 130.585 274.419 93.9 94.8 117.4 $74,818 $4,146.405 $4,373.280 1,517

2007 $9,519.862 $9,814.106 $8,551.715 $8,866.778 $6,300.821 $6,532.956 167.892 131.181 277.466 97.0 96.4 102.9 $74,813 $4,337.404 $4,497.203 1,281

2008 $9,989.747 $10,050.683 $9,135.499 $9,120.085 $6,548.663 $6,537.614 170.879 134.243 280.321 99.4 100.2 104.6 $74,869 $4,461.760 $4,454.231 1,508

2009 $10,271.574 $10,271.574 $9,147.189 $9,147.189 $6,596.403 $6,596.403 171.757 133.272 286.236 100.0 100.0 100.0 $77,072 $4,168.567 $4,168.567 1,035

2010 $10,605.034 $10,397.912 $9,622.215 $9,504.612 $6,902.673 $6,818.308 170.941 132.454 292.152 102.0 101.2 110.0 $78,502 $4,382.941 $4,329.373 1,452

2011 $10,486.662 $10,096.098 $10,073.563 $9,639.672 $7,006.824 $6,705.024 174.742 134.300 295.366 103.9 104.5 122.2 $75,176 $4,730.226 $4,526.484 1,510

2012 $11,190.378 $10,591.251 $10,747.714 $10,090.029 $7,448.181 $6,992.404 177.045 136.264 297.972 105.7 106.5 128.8 $77,726 $5,172.463 $4,855.944 1,471

2013 $12,024.904 $11,024.254 $11,034.893 $10,186.530 $7,934.128 $7,324.152 181.781 139.794 301.760 109.1 108.3 137.3 $78,861 $5,545.632 $5,119.284 2,048

2014 $12,337.892 $11,234.429 $11,441.626 $10,359.885 $8,185.612 $7,411.709 185.103 142.522 305.644 109.8 110.4 139.4 $78,826 $5,681.220 $5,144.093 2,136

2015 $12,682.332 $11,565.212 $11,913.040 $10,820.126 $8,467.887 $7,691.035 189.776 146.076 308.342 109.7 110.1 141.8 $79,172 $5,460.556 $4,959.599 1,856

2016 $13,533.953 $11,981.037 $12,350.250 $11,106.443 $8,680.391 $7,806.180 195.638 150.543 311.542 113.0 111.2 138.6 $79,586 $5,602.190 $5,037.988 1,634

2017 $14,456.370 $12,461.454 $13,179.036 $11,639.886 $9,250.849 $8,170.463 200.152 153.970 315.614 116.0 113.2 144.8 $80,934 $5,977.839 $5,279.701 1,603

2018 $15,361.816 $12,931.373 $14,106.215 $12,192.735 $9,925.163 $8,578.835 204.264 157.086 319.818 118.8 115.7 151.9 $82,320 $6,397.683 $5,529.850 1,697

2019 $16,309.569 $13,408.934 $15,093.393 $12,755.364 $10,647.307 $8,997.995 208.327 160.163 324.043 121.6 118.3 159.3 $83,721 $6,844.610 $5,784.352 1,738

2020 $17,286.941 $13,882.376 $16,065.130 $13,275.852 $11,307.735 $9,344.451 212.302 163.169 327.841 124.5 121.0 165.7 $85,080 $7,285.138 $6,020.270 1,758

2021 $18,309.593 $14,364.308 $17,090.563 $13,811.658 $12,003.198 $9,700.328 216.275 166.173 331.671 127.5 123.7 172.2 $86,442 $7,750.086 $6,263.196 1,735



Historical and Projected Values of Per Capita Key Indicators for Lubbock MSA

PER CAPITA GROSS AREA PRODUCT - Thousands of Dollars; PER CAPITA REAL GROSS AREA PRODUCT - Thousands of 2009 Dollars; PER CAPITA PERSONAL INCOME (By place of residence and work) - Thousands of Dollars; PER CAPITA REAL PERSONAL INCOME (By place of residence and work)

- Thousands of 2009 Dollars; PER CAPITA RETAIL SALES - Thousands of Dollars; PER CAPITA REAL RETAIL SALES - Thousands of 2009 Dollars

Year Per Capita Gross Area Product

Per Capita Real Gross Area Product

Per Capita Personal Income (by residence)

Per Capita Real Personal Income

(by residence)

Per Capita Retail Sales

Per Capita Real Retail Sales

2001 $26.129 $32.033 $24.091 $28.624 N/A N/A

2002 $27.486 $32.926 $24.885 $29.317 $13.128 $15.466

2003 $28.739 $33.534 $26.077 $29.970 $13.226 $15.200

2004 $30.642 $34.406 $26.775 $30.056 $14.072 $15.796

2005 $32.070 $35.029 $28.191 $30.583 $14.520 $15.752

2006 $33.429 $35.603 $29.248 $30.849 $15.110 $15.937

2007 $34.310 $35.370 $30.821 $31.956 $15.632 $16.208

2008 $35.637 $35.854 $32.589 $32.534 $15.917 $15.890

2009 $35.885 $35.885 $31.957 $31.957 $14.563 $14.563

2010 $36.300 $35.591 $32.936 $32.533 $15.002 $14.819

2011 $35.504 $34.182 $34.105 $32.636 $16.015 $15.325

2012 $37.555 $35.544 $36.070 $33.862 $17.359 $16.297

2013 $39.849 $36.533 $36.568 $33.757 $18.378 $16.965

2014 $40.367 $36.757 $37.434 $33.895 $18.588 $16.830

2015 $41.131 $37.508 $38.636 $35.091 $17.709 $16.085

2016 $43.442 $38.457 $39.642 $35.650 $17.982 $16.171

2017 $45.804 $39.483 $41.757 $36.880 $18.940 $16.728

2018 $48.033 $40.434 $44.107 $38.124 $20.004 $17.291

2019 $50.331 $41.380 $46.578 $39.363 $21.123 $17.851

2020 $52.730 $42.345 $49.003 $40.495 $22.222 $18.363

2021 $55.204 $43.309 $51.529 $41.643 $23.367 $18.884



Historical and Projected Values of Nominal Gross Product by Major Industrial Classification for Lubbock MSA









2001 $121.730 $50.335 $280.086 $446.962 $260.174 $186.788 $1,216.268 $309.528 $460.460 $865.720 $1,739.447 $1,303.315 $6,793.852

2002 $125.032 $44.836 $275.681 $436.008 $248.725 $187.283 $1,226.761 $301.917 $556.727 $974.976 $1,917.377 $1,360.592 $7,219.907

2003 $213.851 $77.113 $302.231 $429.229 $243.905 $185.324 $1,292.363 $309.666 $610.141 $1,025.838 $1,950.795 $1,442.935 $7,654.162

2004 $346.907 $104.742 $311.229 $476.710 $279.952 $196.758 $1,373.681 $327.032 $716.372 $1,036.373 $2,050.947 $1,482.285 $8,226.277

2005 $348.901 $144.845 $343.134 $510.043 $320.458 $189.586 $1,510.733 $371.672 $778.127 $1,076.726 $2,010.627 $1,579.379 $8,674.187

2006 $194.833 $167.902 $385.741 $577.334 $356.288 $221.045 $1,589.279 $410.061 $880.688 $1,172.241 $2,160.649 $1,634.812 $9,173.540

2007 $370.809 $175.242 $420.665 $441.575 $271.013 $170.562 $1,637.531 $397.237 $796.747 $1,273.363 $2,269.144 $1,737.552 $9,519.862

2008 $329.689 $282.148 $452.673 $447.887 $261.694 $186.193 $1,677.322 $392.754 $754.321 $1,422.711 $2,421.664 $1,808.579 $9,989.747

2009 $489.377 $130.696 $480.255 $464.457 $230.049 $234.408 $1,702.982 $420.562 $672.512 $1,507.301 $2,497.466 $1,905.966 $10,271.574

2010 $492.477 $194.438 $474.077 $493.936 $249.609 $244.327 $1,799.352 $449.095 $670.678 $1,407.048 $2,602.242 $2,021.690 $10,605.034

2011 $235.798 $297.413 $478.379 $529.894 $272.217 $257.677 $1,864.784 $487.287 $642.311 $1,228.687 $2,682.460 $2,039.649 $10,486.662

2012 $170.799 $336.523 $538.566 $539.532 $284.383 $255.148 $2,018.311 $505.004 $638.137 $1,459.063 $2,800.795 $2,183.648 $11,190.378

2013 $501.285 $423.114 $574.364 $570.466 $298.456 $272.010 $2,169.821 $551.718 $725.166 $1,365.958 $2,866.299 $2,276.712 $12,024.904

2014 $113.146 $449.548 $608.612 $579.382 $308.264 $271.118 $2,301.670 $571.233 $751.187 $1,513.802 $3,046.843 $2,402.468 $12,337.892

2015 $102.437 $287.139 $639.158 $597.943 $314.390 $283.553 $2,387.858 $578.137 $778.482 $1,572.264 $3,232.607 $2,506.305 $12,682.332

2016 $96.990 $306.713 $685.020 $621.541 $325.805 $295.736 $2,548.493 $594.774 $796.426 $1,653.309 $3,572.431 $2,658.257 $13,533.953

2017 $98.181 $378.111 $726.521 $661.060 $345.714 $315.346 $2,727.597 $624.124 $830.868 $1,752.699 $3,853.759 $2,803.450 $14,456.370

2018 $102.394 $425.309 $771.978 $702.374 $365.866 $336.508 $2,897.459 $655.315 $867.165 $1,843.820 $4,152.894 $2,943.111 $15,361.816

2019 $106.744 $478.178 $818.108 $745.719 $386.756 $358.962 $3,072.624 $687.539 $904.206 $1,938.867 $4,469.523 $3,088.061 $16,309.569

2020 $111.293 $519.924 $862.517 $791.012 $408.373 $382.639 $3,246.958 $722.145 $943.716 $2,046.254 $4,803.955 $3,239.167 $17,286.941

2021 $115.989 $563.853 $908.951 $838.866 $431.003 $407.863 $3,428.407 $757.868 $983.982 $2,158.645 $5,157.150 $3,395.882 $18,309.593



Historical and Projected Values of Real Gross Product by Major Industrial Classification for Lubbock MSA









2001 $124.821 $95.951 $433.537 $473.094 $254.761 $218.333 $1,419.416 $402.111 $403.194 $978.928 $2,230.383 $1,767.552 $8,328.987

2002 $137.276 $98.662 $407.487 $457.048 $242.609 $214.439 $1,434.460 $394.088 $494.466 $1,064.812 $2,375.458 $1,785.168 $8,648.924

2003 $212.255 $111.645 $426.811 $453.132 $238.555 $214.577 $1,522.488 $387.835 $541.774 $1,092.840 $2,359.881 $1,822.777 $8,931.439

2004 $293.415 $122.684 $408.134 $506.942 $272.826 $234.115 $1,582.390 $401.039 $644.898 $1,086.634 $2,408.836 $1,781.737 $9,236.708

2005 $345.597 $120.305 $405.381 $523.256 $303.103 $220.153 $1,700.058 $435.393 $727.415 $1,096.041 $2,295.474 $1,825.759 $9,474.680

2006 $202.710 $132.692 $416.252 $601.527 $345.887 $255.641 $1,735.226 $458.129 $844.301 $1,174.489 $2,391.070 $1,813.721 $9,770.117

2007 $293.684 $128.708 $426.623 $481.193 $286.321 $194.872 $1,745.252 $435.577 $781.280 $1,262.665 $2,409.986 $1,849.138 $9,814.106

2008 $257.591 $158.709 $459.055 $485.532 $281.881 $203.651 $1,747.637 $417.835 $752.687 $1,400.210 $2,511.673 $1,859.756 $10,050.683

2009 $489.377 $130.696 $480.255 $464.457 $230.049 $234.408 $1,702.982 $420.562 $672.512 $1,507.301 $2,497.466 $1,905.966 $10,271.574

2010 $426.912 $152.924 $482.824 $506.356 $258.669 $247.687 $1,772.296 $458.036 $674.833 $1,391.813 $2,564.349 $1,967.568 $10,397.912

2011 $160.123 $202.844 $480.147 $543.492 $286.784 $256.708 $1,798.166 $494.936 $649.574 $1,198.740 $2,619.616 $1,948.461 $10,096.098

2012 $116.435 $265.558 $525.207 $530.323 $289.820 $240.503 $1,891.524 $512.064 $644.975 $1,377.295 $2,677.276 $2,050.595 $10,591.251

2013 $313.524 $304.596 $541.218 $543.357 $294.199 $249.159 $2,014.352 $546.712 $725.238 $1,253.001 $2,695.629 $2,086.626 $11,024.254

2014 $82.643 $338.636 $540.375 $538.720 $297.481 $241.239 $2,113.787 $538.858 $752.645 $1,357.231 $2,823.071 $2,148.462 $11,234.429

2015 $124.404 $378.367 $551.934 $556.719 $290.207 $266.513 $2,172.159 $505.299 $791.867 $1,371.129 $2,925.557 $2,187.777 $11,565.212

2016 $115.229 $329.560 $573.664 $568.118 $298.329 $269.790 $2,271.979 $510.598 $806.024 $1,408.373 $3,136.144 $2,261.349 $11,981.037

2017 $114.115 $351.225 $590.170 $593.376 $314.084 $279.291 $2,383.526 $526.374 $836.828 $1,458.539 $3,282.706 $2,324.595 $12,461.454

2018 $116.440 $380.609 $608.425 $619.324 $329.835 $289.489 $2,482.315 $542.993 $869.380 $1,499.038 $3,433.623 $2,379.226 $12,931.373

2019 $118.773 $412.418 $625.728 $645.949 $346.023 $299.926 $2,581.250 $559.741 $902.571 $1,540.149 $3,588.031 $2,434.325 $13,408.934

2020 $121.176 $432.347 $640.344 $673.089 $362.629 $310.460 $2,675.218 $577.677 $938.131 $1,588.296 $3,745.642 $2,490.456 $13,882.376

2021 $123.585 $452.256 $655.174 $701.198 $379.898 $321.299 $2,770.880 $595.732 $974.360 $1,637.372 $3,906.685 $2,547.067 $14,364.308



Historical and Projected Values of Employment by Major Industrial Classification for Lubbock MSA









2001 1.799 0.136 5.088 6.889 4.126 2.763 22.451 3.802 5.345 7.311 50.068 24.985 127.874

2002 1.756 0.127 5.342 6.237 3.670 2.567 21.749 3.662 5.682 7.034 49.971 25.396 126.956

2003 1.644 0.140 5.497 5.615 3.175 2.440 21.495 3.615 5.850 7.189 48.259 25.667 124.971

2004 1.479 0.129 5.446 5.366 3.012 2.354 21.720 3.551 5.874 7.250 50.003 25.618 126.436

2005 1.762 0.122 5.466 5.336 3.067 2.269 21.927 3.911 6.331 7.080 50.103 26.345 128.383

2006 1.544 0.154 5.498 5.455 3.106 2.349 22.569 3.926 6.274 7.200 51.847 26.118 130.585

2007 1.427 0.184 5.715 5.086 3.177 1.909 23.193 3.850 5.698 7.274 52.173 26.581 131.181

2008 1.480 0.224 6.025 5.139 3.100 2.039 23.482 3.785 5.341 7.473 54.077 27.217 134.243

2009 1.501 0.176 6.160 4.980 2.820 2.160 22.986 3.710 4.687 7.319 54.084 27.669 133.272

2010 1.390 0.205 5.702 4.977 2.751 2.226 22.704 3.745 4.508 7.247 53.256 28.720 132.454

2011 1.226 0.199 5.642 5.032 2.767 2.265 23.067 4.044 4.271 7.073 55.123 28.623 134.300

2012 1.262 0.278 5.622 4.995 2.899 2.096 23.269 4.415 3.966 7.245 56.159 29.053 136.264

2013 1.357 0.402 6.177 4.879 2.837 2.042 24.268 4.782 4.022 7.528 57.107 29.272 139.794

2014 1.355 0.431 6.422 4.948 2.874 2.074 24.921 4.971 3.836 7.946 57.645 30.047 142.522

2015 1.359 0.384 6.573 4.961 2.881 2.081 25.525 4.982 3.841 8.156 59.521 30.773 146.076

2016 1.362 0.332 6.748 4.894 2.840 2.054 26.116 4.920 3.791 8.223 62.752 31.404 150.543

2017 1.366 0.356 6.858 4.946 2.869 2.077 26.809 4.958 3.818 8.358 64.614 31.887 153.970

2018 1.369 0.374 6.985 4.996 2.897 2.099 27.329 5.003 3.849 8.431 66.506 32.244 157.086

2019 1.371 0.394 7.098 5.044 2.924 2.120 27.824 5.046 3.880 8.502 68.405 32.599 160.163

2020 1.374 0.402 7.177 5.087 2.948 2.140 28.243 5.099 3.918 8.606 70.303 32.959 163.169

2021 1.376 0.410 7.257 5.131 2.972 2.159 28.659 5.151 3.954 8.709 72.207 33.319 166.173



APPENDICES



Definition of Terms

Compound Annual Growth Rates (CAGR): A CAGR differs from a simple growth rate in that it reflects changes in the size of the base used to calculate growth. The idea of compounding is routine in calculating interest; interest for the current period is calculated on the principle plus previously accrued interest. Nominal and Real Values: Real variables are adjusted for the effects of inflation; nominal values are not. Real variables are expressed in terms of dollars (or rates such as interest rates) at a particular point in time (2009 at present); therefore, the pattern in real variables over time removes distortions caused by changes in the value of the dollar (inflation). Gross Area Product, Real Gross Area Product (RGP): Gross area product, often referred to as output, is the final value of all goods and services produced in an economy during a given period of time. RGP is gross area product adjusted for inflation. Productivity: Productivity is real output (2009$) per worker. Personal Income (by place of residence): Personal income is the total income accruing to households. “By place of residence” denotes where the income-earner resides rather than works. Real personal income is expressed on an inflation-adjusted basis. Personal Income (by place of work): Personal income is total earnings expressed at the location where the earnings occur. Total Employment: Total employment includes wage and salary employment plus farm and non-farm proprietors. Wage and Salary Employment: Wage and salary employment is a measure of the number of persons in the workforce excluding proprietors, but including agricultural workers and military personnel. Industrial Production Index: The Industrial Production Index is a measure of output in the core production sectors of the economy. It is expressed as an index with 2009=100. Gross Product Deflator: The gross product deflator is the price index which allows the expression of changes in output (gross product) over time which are actual changes in production levels as opposed to inflation-driven increases in dollar production. It is expressed as an index with 2009=100. Consumer Price Index: The Consumer Price Index measures inflation, the escalation of prices of consumer goods. It is expressed as an index with 2009=100. Population: Population is the total number of persons residing in a specific area. Real Retail Sales: Retail sales is the total volume of retail goods sold. It is expressed on an inflation-adjusted basis. Housing Permits: Housing permits reflects the total number of permits for single and multi-family housing during a given period.



Definition of Sectors

Mining: This sector is composed of companies primarily involved in the extraction of minerals occurring naturally. Mining includes quarrying, oil and gas well operations, milling, and other activities which are a part of mining activity. In Texas, this sector is largely oil and gas related. Construction: Companies in this sector are primarily engaged in construction activities including new work, additions, alterations, and repairs. Construction includes buildings, water systems, highways, utility plants, and other related projects. Trade: Trade establishments are involved in wholesale and retail trade―selling items and rendering services incidental to the sale of goods. Examples include wholesale distributors, food stores, and clothing stores. FIRE (Finance, Insurance, and Real Estate): This sector includes companies in the fields of finance, insurance, and real estate such as depository institutions, credit institutions, holding companies, insurance carriers, insurance agents, real estate buyers, real estate sellers, real estate agents, and real estate developers. Nondurable Manufacturing: These companies are engaged in the mechanical or chemical transformation of materials or substances into items consumed in a time period such as paper, bread, chemicals, and clothing. Durable Manufacturing: Companies in this sector are primarily engaged in the mechanical or chemical transformation of materials or substances into goods typically consumed over a period of several years such as automobiles, washing machines, industrial machinery, and computers. Total Manufacturing: Nondurable and durable manufacturing may be aggregated to obtain measures of total manufacturing. Services: This sector includes companies providing services to individuals, businesses, or government entities. Examples include medical services, business services (excluding finance, insurance, and real estate), hotels, and amusements. Government: All government establishments involved in public administration including the executive, legislative, judicial, administrative, and regulatory activities of Federal, state, local, and international governments are included in this sector. Military activity is also included. TWU (Transportation, Warehousing, and Utilities): Companies in this sector are engaged in transportation, warehousing, electric, water, and sanitary services (including all establishments of the US Postal Service). Agriculture: These establishments are engaged in farming, ranching, commercial fishing, forestry, hunting and trapping, and related services. Information: This sector includes those establishments that create, disseminate, or provide the means to distribute information. It also includes establishments that provide data processing services. Industries included in this new sector are newspaper, book, and periodical publishers, previously included in the manufacturing sector in the SIC; software publishers, previously included in services; broadcasting and telecommunications producers and distributors, previously included with utilities and transportation; and motion picture and sound recording industries, information services, and data processing services, previously included in services.



Technical Explanation

This document provides a detailed methodological overview of the Texas Econometric Model. The system was developed by Dr. M. Ray Perryman, President and CEO of The Perryman Group (TPG) approximately 30 years ago has been consistently maintained and updated since that time. It is formulated in an internally consistent manner and is designed to permit the integration of relevant global, national, state, and local factors into the projection process. It is the result of more than three decades of continuing research in econometrics, economic theory, statistical methods, and key policy issues and behavioral patterns, as well as intensive, ongoing study of all aspects of the global, US, and Texas economies. It is extensively used by scores of federal and State governmental entities on an ongoing basis, as well as hundreds of major corporations. This section describes the forecasting process in a comprehensive manner, focusing on both the modeling and the supplemental analysis. The overall methodology, while certainly not ensuring perfect foresight, permits an enormous body of relevant information to impact the economic outlook in a systematic manner. Model Logic and Structure

• The Texas Econometric Model revolves around a core system which projects output (real and nominal), income (real and nominal), and employment by industry in a simultaneous manner. For purposes of illustration, it is useful to initially consider the employment functions. Essentially, employment within the system is a derived demand relationship obtained from a neo-Classical production function. The expressions are augmented to include dynamic temporal adjustments to changes in relative factor input costs, output and (implicitly) productivity, and technological progress over time. Thus, the typical equation includes output, the relative real cost of labor and capital, dynamic lag structures, and a technological adjustment parameter. The functional form is logarithmic, thus preserving the theoretical consistency with the neo-Classical formulation.

• The income segment of the model is divided into wage and non-wage components. The wage equations, like their employment counterparts, are individually estimated at the 3-digit North American Industry Classification System (NAICS) level of aggregation. Hence, income by place of work is measured for approximately 90 production categories. The wage equations measure real compensation, with the form of the variable structure differing between “basic” and “non-basic.”

• The basic industries, comprised primarily of the various components of Mining, Agriculture, and Manufacturing, are export-oriented, i.e., they bring external dollars into the area and form the core of the economy. The production of these sectors typically flows into national and international markets; hence, the labor markets are influenced by conditions in areas beyond the borders of the particular region. Thus, real (inflation-adjusted) wages in the basic industry are expressed as a function of the corresponding national rates, as well as measures of local labor market conditions (the reciprocal of the unemployment rate), dynamic adjustment parameters, and ongoing trends.

• The “non-basic” sectors are somewhat different in nature, as the strength of their labor markets is linked to the health of the local export sectors. Consequently, wages in these industries are related to those in the basic segment of the economy. The relationship also includes the local labor market measures contained in the basic wage equations.



Technical Explanation (continued)

• Note that compensation rates in the export or “basic” sectors provide a key element of the interaction of the regional economies with national and international market phenomena, while the “non-basic” or local industries are strongly impacted by area production levels. Given the wage and employment equations, multiplicative identities in each industry provide expressions for total compensation; these totals may then be aggregated to determine aggregate wage and salary income. Simple linkage equations are then estimated for the calculation of personal income by place of work.

• The non-labor aspects of personal income are modeled at the regional level using straightforward empirical expressions relating to national performance, dynamic responses, and evolving temporal patterns. In some instances (such as dividends, rents, and others) national variables (for example, interest rates) directly enter the forecasting system. These factors have numerous other implicit linkages into the system resulting from their simultaneous interaction with other phenomena in national and international markets which are explicitly included in various expressions.

• The output or gross area product expressions are also developed at the 3-digit NAICS level. Regional output for basic industries is linked to national performance in the relevant industries, local and national production in key related sectors, relative area and national labor costs in the industry, dynamic adjustment parameters, and ongoing changes in industrial interrelationships (driven by technological changes in production processes).

• Output in the non-basic sectors is modeled as a function of basic production levels, output in related local support industries (if applicable), dynamic temporal adjustments, and ongoing patterns. The inter-industry linkages are obtained from the input-output (impact assessment) system which is part of the overall integrated modeling structure maintained by The Perryman Group. Note that the dominant component of the econometric system involves the simultaneous estimation and projection of output (real and nominal), income (real and nominal), and employment at a disaggregated industrial level. This process, of necessity, also produces projections of regional price deflators by industry. These values are affected by both national pricing patterns and local cost variations and permit changes in prices to impact other aspects of economic behavior. Income is converted from real to nominal terms using Texas Consumer Price Index, which fluctuates in response to national pricing patterns and unique local phenomena.

• Several other components of the model are critical to the forecasting process. The demographic module includes (1) a linkage equation between wage and salary (establishment) employment and household employment, (2) a labor force participation rate function, and (3) a complete population system with endogenous migration. Given household employment, labor force participation (which is a function of economic conditions and evolving patterns of worker preferences), and the working age population, the unemployment rate and level become identities.




• The population system uses Census information, fertility rates, and life tables to determine the “natural” changes in population by age group. Migration, the most difficult segment of population dynamics to track, is estimated in relation to relative regional and extra-regional economic conditions over time. Because evolving economic conditions determine migration in the system, population changes are allowed to interact simultaneously with overall economic conditions. Through this process, migration is treated as endogenous to the system, thus allowing population to vary in accordance with relative business performance (particularly employment).

• Retail sales is related to income, interest rates, dynamic adjustments, and patterns in consumer behavior on a store group basis. Inflation at the state level relates to national patterns, indicators of relative economic conditions, and ongoing trends. As noted earlier, prices are endogenous to the system.

• A final significant segment of the forecasting system relates to real estate absorption and activity. The demand for various types of property is determined by underlying economic and demographic factors, with adjustments to reflect the current status of the pertinent building cycle. In some instances, this portion of the forecast requires integration with the Multi-Regional Industry-Occupation System which is maintained by The Perryman Group.

• The overall Texas Econometric Model contains numerous additional specifications, and individual expressions are modified to reflect alternative lag structures, empirical properties of the estimates, simulation requirements, and similar phenomena. Moreover, it is updated on an ongoing basis as new data releases become available. Nonetheless, the above synopsis offers a basic understanding of the overall structure and underlying logic of the system.

Model Simulation and Multi-Regional Structure • The initial phase of the simulation process is the execution of a standard non-linear algorithm for the state system and that of each

of the individual sub-areas. The external assumptions are derived from scenarios developed through national and international models and extensive analysis by The Perryman Group. The US model, which follows the basic structure outlined above, was used to some extent in the current analysis to define the demand for domestically produced goods on a per capita basis.

• Once the initial simulations are completed, they are merged into a single system with additive constraints and interregional flows. Using information on minimum regional requirements, import needs, export potential, and locations, it becomes possible to balance the various forecasts into a mathematically consistent set of results. This process is, in effect, a disciplining exercise with regard to the individual regional (including metropolitan and rural) systems. By compelling equilibrium across all regions and sectors, the algorithm ensures that the patterns in state activity are reasonable in light of smaller area dynamics and, conversely, that the regional outlooks are within plausible performance levels for the state as a whole.




• The iterative simulation process has the additional property of imposing a global convergence criterion across the entire multi-regional system, with balance being achieved simultaneously on both a sectoral and a geographic basis. This approach is particularly critical on non-linear dynamic systems, as independent simulations of individual systems often yield unstable, non-convergent outcomes.

• It should be noted that the underlying data for the modeling and simulation process are frequently updated and revised by the various public and private entities compiling them. Whenever those modifications to the database occur, they bring corresponding changes to the structural parameter estimates of the various systems and the solutions to the simulation and forecasting system. The multi-regional version of the Texas Econometric Model is re-estimated and simulated with each such data release, thus providing a constantly evolving and current assessment of state and local business activity.

The Final Forecast • The process described above is followed to produce an initial set of projections. Through the comprehensive multi-regional

modeling and simulation process, a systematic analysis is generated which accounts for both historical patterns in economic performance and inter-relationships and best available information on the future course of pertinent external factors. While the best available techniques and data are employed in this effort, they are not capable of directly capturing “street sense,” i.e., the contemporaneous and often non-quantifiable information that can materially affect economic outcomes. In order to provide a comprehensive approach to the prediction of business conditions, it is necessary to compile and assimilate extensive material regarding current events and factors both across the state of Texas and elsewhere.

• This critical aspect of the forecasting methodology includes activities such as (1) daily review of hundreds of financial and business publications and electronic information sites; (2) review of all major newspapers in the state on a daily basis; (3) dozens of hours of direct telephone interviews with key business and political leaders in all parts of the state; (4) face-to-face discussions with representatives of major industry groups; and (5) frequent site visits to the various regions of the state. The insights arising from this “fact finding” are analyzed and evaluated for their effects on the likely course of the future activity.

• Another vital information resource stems from the firm’s ongoing interaction with key players in the international, domestic, and state economic scenes. Such activities include visiting with corporate groups on a regular basis and being regularly involved in the policy process at all levels. The firm is also an active participant in many major corporate relocations, economic development initiatives, and regulatory proceedings.

• Once organized, this information is carefully assessed and, when appropriate, independently verified. The impact on specific communities and sectors that is distinct from what is captured by the econometric system is then factored into the forecast analysis. For example, the opening or closing of a major facility, particularly in a relatively small area, can cause a sudden change in business performance that will not be accounted for by either a modeling system based on historical relationships or expected (primarily national and international) factors.




• The final step in the forecasting process is the integration of this material into the results in a logical and mathematically consistent

manner. In some instances, this task is accomplished through “constant adjustment factors” which augment relevant equations. In other cases, anticipated changes in industrial structure or regulatory parameters are initially simulated within the context of the Multi-Regional Impact Assessment System to estimate their ultimate effects by sector. Those findings are then factored into the simulation as constant adjustments on a distributed temporal basis. Once this scenario is formulated, the extended system is again balanced across regions and sectors through an iterative simulation algorithm analogous to that described in the preceding section.

• There are those who maintain that the best forecasts are generated by complex models that capture the interactive forces that drive economic activity. There are others who claim that the optimal approach is to rely on the informed judgment of those who are involved in the process. On this issue, I stand firmly in the middle. I have long held that well-developed models are invaluable tools. They impose logic and consistency on millions of interrelated phenomena and, when properly structured, provide key insights into the ways in which changes in part of the economy work through the entire system. On the other hand, I realize that the knowledge on the streets (both Main and Wall) is equally essential to reliable forecasting. I view my mission for my clients and subscribers as providing the best information I possibly can. I can only do that by combining the two approaches.

• As much as some of my colleagues in the quantitative world hate to admit it, there is an irrefutable rationale in statistical theory for using judgmental, non-quantitative information in the preparation of forecasts. Specifically, the desirable property of statistical efficiency (minimum variance) can only be achieved if a prior condition, known as statistical sufficiency, is satisfied. Statistical sufficiency, in turn, requires that all relevant information be used, be it an economic time series published by a government agency or the thoughts and insights of a local building contractor. It’s really pretty simple: the more relevant the information, the better the forecast.

Synopsis • No forecasting technique is perfect. There are no guarantees. Wars, assassinations, natural disasters, technological

breakthroughs, and countless other factors can alter the course of the economy in a heartbeat. Subtle changes in the underlying structure of the economy may not be perceptible in the data for decades, and the future policy environment is anything but certain. Consumer and business expectations can shift with the wind, responding to things far removed from local conditions. At The Perryman Group, we don’t promise perfect forecasts. To do so would be patently foolish. We do pledge, however, to use the best information and systems available to provide a reasonable, rational picture of the future course of economic activity. Our expanded modeling systems reflect this commitment which has been consistent and unyielding over the course of the past two decades.



Other Forecast Information Available

United States Variables forecast: Gross domestic product Real gross domestic product Personal income Real personal income Total employment Population Implicit price deflator Personal consumption deflator Producer Price Index Consumer Price Index Industrial Production Index Interest rates: 3-mo. T-Bill, 10-yr. T-Bond, 20-yr. T-Bond, Prime Rate, Moody Aaa

Texas Variables forecast: Gross area product Real gross area product Personal income (by place of residence) Real personal income (by place of residence) Personal income (by place of work) Real personal income (by place of work) Total employment Wage and salary employment Population Gross product deflator Texas Consumer Price Index Industrial Production Index Labor productivity Retail sales Real retail sales Housing permits



Other Forecast Information Available (continued)

Metropolitan Statistical Areas (MSAs) & Metropolitan Divisions (MDs) Areas Forecast: Abilene MSA Amarillo MSA Austin-Round Rock MSA Beaumont-Port Arthur MSA Brownsville-Harlingen MSA College Station-Bryan MSA Corpus Christi MSA Dallas-Fort Worth-Arlington MSA Dallas-Plano-Irving MD Fort Worth-Arlington MD El Paso MSA Houston-The Woodlands-Sugar Land MSA Killeen-Temple MSA Laredo MSA Longview MSA Lubbock MSA McAllen-Edinburg-Mission MSA Midland MSA Odessa MSA San Angelo MSA San Antonio-New Braunfels MSA Sherman-Denison MSA Texarkana MSA

Tyler MSA Victoria MSA Waco MSA Wichita Falls MSA

Variables Forecast: Gross area product Real gross area product Personal income (by place of residence) Real personal income (by place of residence) Personal income (by place of work) Real personal income (by place of work) Total employment Wage and salary employment Population Gross product deflator Texas Consumer Price Index Industrial Production Index Labor productivity Retail sales Real retail sales Housing permits



Other Forecast Information Available (continued)

Economic Planning Areas Areas forecast: High Plains Region Northwest Texas Region Metroplex Region Upper East Texas Region Southeast Texas Region Gulf Coast Region Capital Region Central Texas Region Alamo Region South Texas Region West Texas Region Upper Rio Grande Region Variables forecast: Same as those listed for MSAs, with the exception of housing permits

Council of Governments Regions Areas forecast: Panhandle South Plains West Central Texas Nortex North Central Texas Texoma East Texas Ark-Tex Deep East Texas South East Texas Houston-Galveston Area Capital Area Brazos Valley Central Texas Heart of Texas Lower Rio Grande Valley Coastal Bend South Texas Alamo Area Golden Crescent Middle Rio Grande Permian Basin Concho Valley Rio Grande Variables forecast: Same as those listed for MSAs, with the exception of housing permits



Firm Information

The Perryman Group, Inc. (TPG) specializes in all aspects of economic analysis, research, and forecasting. Led by Dr. M. Ray Perryman, the organization enjoys a worldwide reputation for its forecasting and modeling efforts. Clients and subscribers frequently incorporate Perryman results into their own individual projects. Forecasting and Modeling

• The firm is equipped with a full range of international, national, regional, state, metropolitan area, and small area (zip code, census tract, etc.) forecasting and modeling capabilities. A command of this data allows forecasting of energy demand and supply, real estate market absorption, retail sales, industrial performance, transportation demand, and bond feasibility. In addition, other economic analysis including labor markets, demographics, global markets and trade, and cost factors such as wage rates and capital costs are generated on a regular basis for clients and subscribers.

Impact Assessment and Public Policy • Over the past three decades, The Perryman Group has developed a reputation for quality impact assessment techniques. The firm maintains a

set of impact evaluation models which can be applied in numerous contexts. These systems have been employed in projects measuring economic effects of various activities around the globe. Specific industrial detail can be provided for more than 500 industries at the national, state, regional, or MSA level.

• Previous studies include the economic impact of site locations, utility rate changes, infrastructure development, new transportation facilities, tourist attractions, regulatory changes, educational investments, legislative changes, modifications of the tax structure, and insurance reform. In addition to traditional economic aggregates such as employment, income, sales, expenditures, and gross product, TPG can also provide projections of consumer spending, secondary development, and fiscal revenues.

Regulatory Analysis • The Perryman Group has considerable experience and expertise in providing support for regulatory proceedings and initiatives. Previous projects

have included analyzing the effects of utility and transportation rate changes on consumers and industrial concerns and evaluating the need for new electric facilities, water projects, transportation projects, and telecommunications investments. Substantial environmental analysis has also been completed. In addition, testimony has been provided before state and federal regulatory bodies. TPG has also provided extensive research support for numerous deregulation initiatives.

Litigation Support and Expert Testimony • For litigation support and expert testimony purposes, The Perryman Group investigates and testifies on a variety of issues. Providing research,

deposition, and trial testimony for some of the largest law firms in the country, the Perryman team has addressed topics including security markets, intellectual property, employment, forensics, officers’ and directors’ liability, real estate markets, cash flow estimation, environmental and natural resource factors, lender liability valuation, taxation, damage measurement, business losses, and antitrust issues.



Firm Information (continued)

Economic Development and Strategic Planning • Utilizing systems specifically geared to economic development, the firm’s consultants can identify “target industries” that are likely to expand in the

near future and be a complement to the local resource base. Once these targets are identified and finalized, the project team prepares a list of industrial prospects, formulates specific marketing programs, inventories existing facilities and sites, and develops overall strategic plans. The Perryman Group also works extensively with corporations seeking locations for new and expanded facilities, thus bringing an essential synergy to the economic development process.

• The Perryman team of professionals brings a wealth of resources to programs designed for creating, implementing, evaluating, and maintaining successful strategic processes. The firm’s vast base of information aids in marketing initiatives, contingency assessment, internal evaluation, monitoring, and other aspects of a comprehensive planning effort.

Publications • The Perryman Group prepares several publications on a regular basis. The Forecast Series provides an in-depth analysis of the national, state,

regional, and local economies in the State of Texas. • The Perryman Report & Texas Letter is a monthly newsletter that provides analysis of local, statewide, national, and international issues, with

particular attention given to how these impact the economy in Texas. • The professionals at The Perryman Group prepare corporate analyses, economic reports, and other materials to meet any information

dissemination needs. Complete research facilities and resources are available to produce all types of business reports and presentations. Presentations

• Nationally recognized as an informative and entertaining speaker, Dr. M. Ray Perryman addresses audiences from all walks of life. Dr. Perryman has established a reputation for communicating often dry subjects in an effective and humorous fashion. Other presentations include specialized seminars on the economic outlook, industrial trends and patterns, economic development, and forecasting techniques.

• In addition, the firm often provides briefings to corporate boards of directors and senior management personnel on a variety of topics, including assessment of national and regional economic conditions, trends in specific industries, patterns in international trade, and strategic planning in an uncertain business environment.

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