Data shows El Paso experiences slight economic growth

Data shows El Paso experiences slight economic growth
MGN
News
Thursday, September 19, 2013 - 1:23pm

The U.S. Department of Commerce recently released new data on the economic growth in metropolitan areas for 2012. The numbers shine a positive light for most Texas cities.

The majority of metropolitan areas experienced positive growth, 305 out of the nation's 381. The rankings are based off real Gross Domestic Product (GDP) growth.

According to the U.S. Bureau of Economic Analysis, real GDP increased nationwide by 2.5 percent, up from 1.7 in 2011.

In West Texas, El Paso experienced slight economic growth, growing 0.5 percent and ranking in the bottom third at 279.

The table below lists all of Texas' metropolitan areas, their growth rate and 2012 rank.

 
City Real GDP Growth (%) Rank out of 381
Abilene 4.9 30
Amarillo 1.3 225
Austin-Round Rock 6.5 13
Beaumont-Port Arthur 1.9 169
Brownsville-Harlingen 1.3 221
College Station-Bryan 4.4 34
Corpus Christi 6.9 12
Dallas-Fort Worth-Arlington 4.3 39
El Paso 0.5 279
Houston-The Woodlands-Sugar Land 5.3 23
Killeen-Temple 0.0 305
Laredo 3.9 56
Longview 5.4 20
Lubbock 4.3 37
McAllen-Edinburg-Mission 1.8 173
Midland 14.4 1
Odessa 14.1 2
San Angelo 3.5 68
San Antonio-New Braunfels 3.8 60
Sherman-Denison 2.0 159
Texarkana 1.5 207
Tyler 1.2 233
Victoria 8.7 6
Waco 4.0 52
Wichita Falls 3.1 91

You can see the entire report on the BEA's website.

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