Federal Reserve Bank of Dallas: 'Texas High Tech Shakes Off Post-Pandemic Slump, Readies New Growth Path'
May 05, 2024
May 05, 2024
DALLAS, Texas, May 5 -- The Federal Reserve Bank of Dallas issued the following article on May 3, 2024, by senior business economist Emily Kerr and Luis Torres and research analyst Robert Leigh:
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High tech represents nearly 5 percent of Texas' gross domestic product and more than 9 percent of employment, both outsized shares relative to the U.S. The sector also contributes disproportionately to innovation and technological development and is crucial to productivity . . .
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High tech represents nearly 5 percent of Texas' gross domestic product and more than 9 percent of employment, both outsized shares relative to the U.S. The sector also contributes disproportionately to innovation and technological development and is crucial to productivity . . .