Originally posted by TerrierJack
Texas wouldn't last 2 weeks without the federal money pouring into the defense industries. Only California builds more bombs and planes than Texas. Aside from bombs and planes what else is built in America?
u asked for it!
http://en.wikipedia.org/wiki/Economy_of_Texas
The economy of Texas is one of the largest and fastest growing economies in the United States. In 2006, Texas was home to six of the top 50 companies on the Fortune 500 list and 46 overall, more than any other state. [1] Texas has an economy that was the second largest in the nation and the 15th largest in the world based on GDP (nominal) figures. As the largest exporter of goods in the United States, Texas currently grosses more than $100 billion a year in trade with other nations.
In 2008, Texas had a gross state product of $1.224 trillion,[2][3] the second highest in the U.S.[2][3] The Gross state product per capita as of 2005 was $42,975.
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The Texas economy today relies largely on information technology, oil and natural gas, aerospace, biomedical research, fuel processing, electric power, agriculture, and manufacturing.
Exports
Houston Ship Channel
In 2008, for the seventh year in a row, Texas led the United States in export revenues. Texas exports for 2008 totaled $192.2 billion.[9] In 2002, the Port of Houston was 6th among the top sea ports in the world in terms of total cargo volume;[10] Air Cargo World rated Dallas-Fort Worth International Airport as "the best air cargo airport in the world".[11] The ship channel at the Port of Houston—the largest in the U.S. in international commerce and the sixth-largest port in the world.[12]
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