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Texas

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Overall Rank

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2

Ease of doing business

theboardiQ Economic Relevance Score, ranks States of USA based on 14 parameters and 4 Pillars

4 Pillars National Ranking

Economic Scale & Vitality
Innovation & Enterprise
Human Capital & Living
Structural & Policy
1
7
2
3

14 Core Economic Indicators National Ranking

Economic Scale & Vitality National Ranking

GDP Overall Rank
Trade Overall Rank
Employment Overall Rank
2
9
10

Innovation & Enterprise National Ranking

R&D Overall Rank
F500 Rank
VC Per Capita Rank
26
2
25

Human & Capital Living National Ranking

Education Rank
Disposable Income Rank
Cost of Living Rank
Labor Productivity Rank
36
22
15
2

Structural & Policy National Ranking

Tax Rank
Agri Rank
Manufacturing Rank
Infra & Energy Rank
7
3
2
34

STATE PERFORMANCE GAUGE CHARTS



US STATES ECONOMIC & INNOVATION COMPETITIVENESS

An executive-grade benchmarking index developed by theboardiQ LLC to evaluate and rank the macroeconomic strength, innovation capacity, and structural competitiveness of 50 States in the United States.

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Designed for corporate board directors, institutional investors, and policymakers, the index synthesizes raw macroeconomic and institutional data into a standardized 0–100 Composite Score across 4 Strategic Macro Pillars and 14 Underlying Sub-Metrics.

The Executive Dashboard incorporates a boardroom governance matrix mapping strategic mandates, benchmark metrics, director compensation, and critical oversight inquiries across 9 Board Roles/Industry Lens

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COMPETITIVENESS SWOT

Texas

Strengths

• 2nd largest state GDP in the U.S. ($2.93T) with 57 Fortune 500 headquarters• Unmatched energy dominance (oil, gas, wind, solar) and international trade volume ($369B exports)• Top-tier labor productivity (#2), low cost of living (#15), and no individual income tax

Weaknesses

• Power grid vulnerabilities to severe weather events and long-term water scarcity• Educational quality disparities (#41) and high uninsured healthcare rates• High fiscal dependence on energy sector taxes and global oil market cycles

Opportunities

• Clean energy leadership (utility-scale solar, wind, hydrogen, and grid storage)• Tech cluster expansion ("Silicon Hills"), semiconductor fabs, and aerospace/spaceflight• Freight transportation infrastructure modernization and cross-border trade expansion

Threats

• Severe weather events (hurricanes, deep freezes) threatening critical grid infrastructure• Extreme long-term drought and acute water allocation disputes• Macroeconomic energy price downturns impacting state revenues

METRICS DEEPDIVE

Economic Scale & Vitality

GDP

GDP Overall Rank
GDP 2025 Current-Dollar GDP ($ Billions)
GDP Share of U.S. Total
2
$2,932.3B
9.55%

Trade

Trade Overall Rank
Trade Surplus / Deficit
Exports in Millions USD
Total US Overall Exports 2026 YTD
Export %
9
$1,036
$369,424
$1,639,475
22.53%
Imports in Millions USD
Total US Overall Imports 2026 YTD
Import %
$368,388
$2,415,187
15.25%

Employment

Emp Overall Rank
Unemp Rank
Unemp Rate (%)
Emp Rank
Total Emp (thousands)
10
37
4.4
2
14,461.30
12-Mo % Change
12-Mo Net Change (thousands)
Labor Force Participation Rate
1.1
154.3
64.40%

Innovation & Enterprise

R&D

R&D Overall Rank
R&D spend as a % of GDP
Patents Awarded per 1K S&E Occ
Bus Perf R&D (% Output)
26
1.71%
12.21
1.46%

F500 Representation

F500 Rank
F500 HQs
F500 Combined Revenue
2
57
$2,770.0B

VC Per Capita

VC Per Capita Rank
Patents issued per 100K residents
VC deal value (per capita)
R&D expenditure(per capita)
25
$35
$370
$1,480

Human & Capital Living

Education

Education Rank
State Overall Education Score
Educational Attainment Rank
Quality of Education
36
40
41st
22nd
% of Pop with Grad Degree
% of Pop with Bach Degree
% of Pop with Assoc Degree
% of Pop with High Sch Diploma
12.40%
20.00%
8.00%
30.70%

Disposable Income

Disposable Income Rank
Disposable Income Per Capita ($)
10-Year Growth (%)
1-Year Growth (%)-1
22
$65,880
56.9%
3.6%

Cost of Living

Cost of Living Rank
State Index
Grocery
Housing
Utilities
Transport
Health
15
91
96
77
101
96
98

Labor Productivity

Lab Productivity Rank
2025 Value (Mill of Hrs)
Lab Productivity
GDP
Absolute Lab Productivity
2
23877.282
116.4
$2,932.3B
25.19

Structural & Policy

Tax

Tax Rank
Corporate Tax
Individual Income Tax
Sales Tax
Property Tax
Unemploy.Ins Tax
7
46
1
36
38
31

Agriculture

Agri Rank
Gross Receipts ($B)
Cumulative Share (%)
3
42
25.10%

Manufacturing

Mfg Rank
Total nonfarm Jobs
Mfg Jobs
% Share of Total Mfg GDP
Mfg GDP ($B)
2
14,461.30
990.6
11.33%
$332.1B
% of Nonfarm Jobs
% Share of Total Mfg Jobs
6.85%
7.88%

Infra & Energy

Infra & Energy Rank
Home Energy Efficiency Rank
Auto Energy Efficiency Rank
34
27
41

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265 Garnet Dr 

Livermore, CA 94550

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