Experts see the Texas economic outlook being stronger in 2023 than other states

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Experts see the Texas economic outlook being stronger in 2023 than other states
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Texas is better off than most other areas in the U.S. heading into 2023 when many think a mild recession may happen, says a top Texas economist.

, coupled with the flood of people moving into the state, said Ray Perryman, CEO of The Perryman Group, at an event this week hosted by the Dallas Regional Chamber at UT Southwestern Medical Center. By 2050, his firm expects Texas’s population to hit 42 million, compared with about 30 million today.

Next year will see about 340,700 jobs added, less than the 725,100 total jobs projected for this year, because the state can’t continue to grow at its existing rate, the report projected. “When you wake up in Texas, think about this for the next week, every morning when you wake up, there’s another thousand people who call Texas home,” he said.Recession, employment, real gross product

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