Story perspectives

Texas Economic Surge Outpaces California Ahead of 2026 Elections

1/31/2026

Summary

Story summary

Texas saw per-capita output rise 10.1% from 2021 to 2024, increasing from $64,000 to nearly $71,000.
The growth is driven by low taxes and strong energy production.
The stronger Texas performance contrasts with California, where per-capita output rose from $80,000 to $84,000 over the same period.
As the 2026 midterm elections approach, Texas' economic success may influence political discussions, highlighting GOP arguments against expanded federal involvement.

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Story summary

Texas saw per-capita output rise 10.1% from 2021 to 2024, increasing from $64,000 to nearly $71,000.
The growth is driven by low taxes and strong energy production.
The stronger Texas performance contrasts with California, where per-capita output rose from $80,000 to $84,000 over the same period.
As the 2026 midterm elections approach, Texas' economic success may influence political discussions, highlighting GOP arguments against expanded federal involvement.