Dallas-Fort Worth led the way among large metro areas, adding more jobs than 46 states.
The leisure and hospitality sector helped drive Texas' growth last year with 155,000 job gains. The category includes bars and restaurants, such as Chicken N Pickle in Grand Prairie.Texas added 650,100 jobs in 2022, more than any state and more than double its historical average, as the economy continued to expand and leave the pandemic hangover behind.
For perspective, consider that Dallas-Fort Worth added more jobs last year than 46 states — and accounted for 36% of Texas’ net gains.That growth draws more businesses, which creates more jobs, attracts more workers, stokes population increases — and contributes to a booming consumer market, he said: “Growth is fueling growth.”, a Waco economist who’s tracked Texas trends for over 40 years, cited several factors for the state’s impressive run, starting with domestic migration.
Texas’ oil and gas industry has added considerable momentum to the economy, especially after Russia invaded Ukraine in February 2022. The state has about 100 more oil rigs in operation compared with a year ago, Perryman said, and the impact lifts industries and locations up and down the production chain.
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