Texas

Texas by Haddox

According to Winipedia, the economy of Texas is a dominant force in the United States. One of the largest growing economies in the nation and as of 2006, home to six of the top 50 companies on the Forturne 500 list and 56 overall, more than any other state.Texas has an economy that is the second largest in the nation and the 15th largest in the world based on GDP (PPP) figures. As the largest exporter of goods in the United States, Texas currently grosses more than 100 billion dollars a year in trade with other nations.Texas's growth can be attributed to the availability of jobs, the low cost of housing, the lack of a personal state income tax, high quality of education, low taxation and limited regulation of business, a central geographic location, a limited government, favorable weather, and plentiful supplies of oil and natural gas. There are currently 33 billionaires residing in Texas today. Dallas has 11 billionaires, the most of any city in Texas. oil wells Austin, Capital Texas Flag