Houston Stats

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Category: Output & Income (page 2 of 2)

Oil and Gas Extraction is the Largest Industry in Texas

Dozens of industries across all 50 states comprise the U.S. economy — the world’s largest economy accounts for more than a quarter of global GDP. Several states, including California and New York, generate more output than several countries, including Belgium, Poland, and Turkey. Texas’s largest industry alone produces more in economic output than the entire […]

Charlie Strong is the Highest Paid Public Employee in Texas

Nick Saban, head coach of the men’s football team at the University of Alabama, is paid more than $7 million annually. He is the highest paid employee of all U.S. workers employed by a local or state government. In the vast majority of states, college football and basketball coaches are the highest paid public employees. […]

Texas is the 22nd Richest State in America

The U.S. Census Bureau released on Wednesday new data from its 2015 nationwide population survey. According to the annual survey, the national median household income rose to $55,775 in 2015. No state reported income declines. While 39 states reported significant increases in household income, income levels in 11 states remained the same. 24/7 Wall St. […]

Houston Has the 19th Fastest Income Growth

The American workforce earned 2.9% more income in 2014 than in the previous year. As the American economy continues to recover from the Great Recession, more people are able to find jobs. While total income has been rising nationwide, income did not rise uniformly across the country in 2014. In some U.S. metro areas, total […]

Texas is the 24th Least Valuable State

Americans drove 3.15 trillion miles in 2015, breaking the previous record of about 3 trillion miles set in 2007. Driving is certainly a major part of life in the United States. Driving habits vary considerably between states, however. To determine in which states drivers travel the most, 24/7 Wall St. reviewed data from the Federal […]

Houston is Among the Richest 20% of American Cities

U.S. median household income increased in 2014 to $53,657, an increase of roughly $600 from the previous year. Still, U.S. incomes have yet to recover to pre-recession levels. Adjusting for inflation, U.S. 2014 median income was still below its 2009 level. Periods of recession and economic boom have an impact on the overall wealth of […]

Texas Has the 3rd Fastest Growing Economy

The U.S. economy grew 2.4% in 2015. This is the most the economy has grown in more than five years, and is a slight improvement on 2014’s 2.2% growth. The economies of all but two states grew in 2015, some substantially more than others, and for a variety of reasons. California and Oregon each grew […]

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