High Plains Region
2.76% of TX personal income
3.09% of TX population
3.06% of TX retail sales
2.89% of TX output
3.08% of TX jobs
Short-term Projections 2018 - 2023
Employment is projected to grow by almost 35.8 thousand net new positions, an increase of 1.73% each year from 2018 to 2023.
The majority of job growth over the next five years is projected to occur in the education and health services industries (just under 7.8 thousand new jobs) and the trade, transportation, and utilities industries (almost 6.8 thousand new jobs).
Real gross product is forecast to expand at a 3.07% annual pace, resulting in a gain of over $8.3 billion over the next five years.
The natural resources and mining industries are expected to contribute the most to this growth with an increase of more than $2.0 billion from 2018 to 2023, followed by the trade, transportation, and utilities industries, with an increase of over $1.6 billion over the same time period.