Texas’ economy grew at a faster pace than the national average in the second quarter of 2025, according to new data from the U.S. Bureau of Economic Analysis (BEA). The state’s real gross domestic product (GDP) expanded at an annual rate of 6.8%, compared to the U.S. rate of 3.8%.
Governor Greg Abbott commented on the report, stating, “Texas is where free enterprise flourishes and families prosper. Thanks to the productivity of our skilled and growing workforce and our pro-growth economic policies, Texas is where the American Dream lives. We will continue to cut red tape, streamline regulations, and invest in career and technical training to build on this momentum for a bigger, better Texas for generations to come.”
The BEA data also indicated that personal incomes in Texas rose at an annual rate of 6.4% during the same period, surpassing the national average increase of 5.5%.
Governor Abbott highlighted these achievements during a fireside chat at the second annual Texas Economic Development Corporation Investor Summit earlier this week.
