Governor Greg Abbott is celebrating the strength of Texas’ robust economy as new data released by the U.S. Bureau of Economic Analysis (BEA) shows the Texas economy growing at a faster rate than the nation as a whole. The state’s real gross domestic product (GDP) expanded in the second quarter of 2025 at an annual rate of 6.8.%, well ahead of the U.S. rate of 3.8%. GDP is the value of all goods and services produced. Data from BEA also shows personal incomes in Texas increased in the 2nd quarter at an annual rate of 6.4%, ahead of the national average of 5.5%.