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Texas Economy Still Booming, All Industries Growing

Texas Economy Still Booming, All Industries Growing

HOUSTON, Texas — The Texas economy, a shining star on the national level, continues to outpace the rest of the country. According to a recent Texas Workforce press release, 46,600 non-farm jobs were added in Texas during July alone. 

In a statement provided to Breitbart Texas, Governor Rick Perry said, “The only thing hotter than a Texas summer is Texas job growth, adding nearly 50,000 jobs in July. Every major industry in Texas added jobs meaning the diversity of our workforce is strong with opportunities for employers to hire good workers, and for workers to find jobs enabling them to meet the needs of their families.”

Texas’ current unemployment rate remains steady at about 5.1 percent. That’s below the national average, which currently sits at about 6.2 percent

While Texas’ economy is typically thought to be propelled by the booming gas and oil industry, professional and business services saw the most growth over the last month. TWC Commissioner Representing Labor Ronny Congleton said in a statement, “”The Professional and Business Services industry is thriving, with opportunities that range from legal advice and representation to security guards to landscaping. Industries across the board are hiring, and that is good news for job seekers in Texas.”

Breitbart Texas has reported extensively on the diversification of Texas’ industries.

Gas and oil economist Karr Ingham previously told Breitbart Texas that the state’s economy is not likely to see a “bust” like it did in the 1970’s, since the overall economy is not totally reliant on gas and oil. 

“The Texas economy in the 1970’s and 1980’s was troublesome,” Ingham told Breitbart Texas. “We went through years of economic hardship and a lot of it had to do with oil and gas, which was a much larger share of the Texas economy than it is now. Even though the oil industry and gas has been thriving in recent years, the Texas economy is no longer dependent on it for ups and downs.”

Texas’ reliable regulation and low taxes are most often credited for bolstering a wide range of industries. 

Perry has attempted to spread Texas’ economic messages of prosperity to other states around the nation. 

Earlier this year at the Conservative Political Action Conference, the governor told a large audience that in blue states, the government plays an increasingly large load in peoples’ daily lives. But then in “red state America,” freedom of the individual comes first and government is limited. In these states, opportunity and jobs are on the rise, according to Perry.

Perry further pointed out that Texas has presided over the nation’s largest economic boom in a generation while liberal utopias like California and New York are economically hurting.

Follow Kristin Tate on Twitter @KristinBTate.

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