Economic Profile<\/p>\nGovernor: Greg Abbott, Republican<\/p>\n
Population: 31,709,821<\/p>\n
GDP growth (Q1 2026): 0.90%<\/p>\n
Unemployment rate (May 2026): 4.30%<\/p>\n
Top corporate tax rate: None<\/p>\n
Top individual income tax rate: None<\/p>\n
Gasoline tax: 38.40 cents\/gallon<\/p>\n
Bond rating (Moody’s\/S&P): Aaa, Stable\/AAA, Stable<\/p>\n
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (including 18.40 cent\/gallon federal tax), Moody’s Investor Service, S&P Global Market Intelligence<\/p>\n
More coverage of the 2026 America’s Top States for BusinessChoose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Manuel Augusto Moreno | Moment | Getty Images Texas Score and RankingCATEGORY 2026 SCORE 2026 RANK 2025 RANK…\n","protected":false},"author":2,"featured_media":752853,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,122,1051,101,113349,10062,2603,13951,1022],"class_list":["post-752852","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-business-news","tag-economic-events","tag-economy","tag-exclude-from-automated-curation","tag-greg-abbott","tag-social-issues","tag-suppress-zephr","tag-texas"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/752852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=752852"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/752852\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/752853"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=752852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=752852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=752852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}