05/19/2024

Texas Towns Led the Country in Economic Growth in 2014

The fastest growing economies in the U.S. last year were largely found deep in the heart of Texas.

Half of the 16 U.S. metro areas where the economy grew at a 6% rate or better last year were in Texas, led by the energy-rich Midland region’s 24.1% advance in gross domestic product, the Commerce Department said Wednesday.

In Texas, Midland was followed by 11.4% growth in San Angelo and an 8.5% increase in Dallas. The fastest growing non-Texas areas were Lake Charles, La., up 10.3%, and Greely, Colo., up 9.9%.

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