Culture and sportsTexas is home to top universities such as Rice University, Texas A&M, and the University of Texas system . Significant attractions include The Alamo, Lyndon B. Johnson Space Center, and Guadalupe Mountains National Park.
Sports are also a large part of Texan culture, with their most popular sport being American football, which includes the most valuable team in the NFL, the Dallas Cowboys. Both MLB teams, the Houston Astros and the Texas Rangers, had lucrative revenues valued at over 300 million U.S. dollars. Texas is also home to three NBA teams, the San Antonio Spurs, Houston Rockets, and Dallas Mavericks.
The Texan economyAs one of the leading state economies in the United States, Texas has seen an increase in their state GDP over the past 20 years, with a dip in 2020 due to the impact of the coronavirus pandemic. In 2020, the real GDP of Texas was 1.7 trillion U.S. dollars, the second-highest in the United States.
Texas’ economy is driven by oil and exports, as Texas has the highest levels of crude oil production in the country, and exported goods worth about 301.26 billion U.S. dollars, the highest in the country. Not only did they have the highest number of exported goods, but Texas was also the leading state for chemical exports. Behind Texas’ powerful economy are 50 Fortune 500 companies that are headquartered there, which include ExxonMobil, AT&T, American Airlines, and Sysco. Texas is an attractive state for businesses for several reasons which include the high amount of cultural diversity, pro-business tax climate, and infrastructure.