In 2022, the mining, quarrying, and oil and gas extraction industry added 113.71 billion chained 2017 U.S. dollars of value to the Texas GDP. The total value added to the GDP of Texas from all industries came to around 1.92 trillion chained 2017 U.S. dollars in the same year.
Real value added to the gross domestic product of Texas in the United States in 2022, by industry
(in billion chained 2017 U.S. dollars)
Industry
Real value added in billion chained (2017) U.S. dollars
Finance, insurance, real estate, rental, and leasing
367.78
Professional and business services
278.13
Manufacturing
210.09
Government and government enterprises
191.47
Wholesale trade
137.1
Educational services, health care, and social assistance
134.52
Mining, quarrying, and oil and gas extraction
113.71
Retail trade
107.95
Information
101.88
Construction
83.7
Transportation and warehousing
70.7
Arts, entertainment, recreation, accommodation, and food services
Chained (2017) dollar series are calculated as the product of the chain-type quantity index and the 2017 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
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BEA. (September 30, 2023). Real value added to the gross domestic product of Texas in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/304890/texas-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Texas in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)." Chart. September 30, 2023. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/304890/texas-real-gdp-by-industry/
BEA. (2023). Real value added to the gross domestic product of Texas in the United States in 2022, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/304890/texas-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Texas in The United States in 2022, by Industry (in Billion Chained 2017 U.S. Dollars)." Statista, Statista Inc., 30 Sep 2023, https://www.statista.com/statistics/304890/texas-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Texas in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/304890/texas-real-gdp-by-industry/ (last visited October 12, 2024)
Real value added to the gross domestic product of Texas in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph], BEA, September 30, 2023. [Online]. Available: https://www.statista.com/statistics/304890/texas-real-gdp-by-industry/
