Report Texas Leads US With Fastest Economic Expansion

Texas led the U.S. in economic expansion from Q3 to Q4 2022. [Graphic: U.S. Bureau of Economic Analysis] Texas led all 50 states with 7% real GDP growth in the fourth quarter of 2022, according to a report released Friday by the U.S. Bureau of Economic Analysis. The Lone Star State far outpaced the nation as a whole, which grew at a rate of 2.6%. Still, growth in real gross domestic product was widespread in the quarter across the country, increasing in 46 states and the District of Columbia, with the percent change ranging from Texas’ lofty 7% to a…