Economic Development. Economic Growth. California Beating Texas. 3 Reasons Why.
- California wins based on time frame, post-2011, & by using raw numbers counts
- Caliornia is helped by its larger population
- California wins on GDP and personal income growth (0.9% in CA to 0.8% in Texas)
What bodes well for Texas?
- Texas has a lower unemployment rate, for a longer period of time
- Texas has had a better nonfarm employment-to-population ratio
- Examining a bigger picture, from May 2006 to May 2016, TX job gains of 18.6%. California experienced 8%.
Politifact Texas | Julián Castro says California besting Texas in creating jobs, economic growth