Texas is Leading U.S. GDP Growth, Fueled by Oil and Energy

Texas is Leading U.S. GDP Growth, Fueled by Oil and Energy

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Distinct variations in regional economic growth were evident throughout America in 2023, driven by differences in industry composition and population dynamics. This graphic, via Visual Capitalist's Dorothy Neufeld, shows real GDP growth across U.S. regions in 2023, based on data from the Bureau of Economic Analysis. Which Regions Grew the Fastest in 2023? Below, we show the U.S. regions with the highest real GDP growth last year: Outpacing all other regions is the Southwest, fueled by rapid population growth and booming oil production across the…

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