May 23, 2019 Comments Off on Forecast for Texas Economy: 3.2% Growth Views: 396 Texas News, Top Texas

Forecast for Texas Economy: 3.2% Growth

Over the next five years, the Dallas and Austin metros will lead the way in economic output and employment growth, followed closely by the San Antonio and Houston metros. Ray Perryman with the Perryman Group forecasted that the Texas economy’s economic output (as measured by real gross product growth) will expand at 3.8% annually, while employment/job growth will expand by 2% by 2023.

Furthermore, the Perryman Group forecasted economic and employment growth by 2023 for the following metros in the Lone Star State.

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