News

Politics

On HALO

1 hour ago

How residents in this southern state are getting richer amid its population explosion

Texas isn't just getting more populated, its residents are getting richer.For years, critics have argued that Texas' economic success is mostly a numbers game: more people move in, businesses follow, and the economy naturally gets larger. But the latest federal data suggest there's more to it.Even after accounting for one of the nation's biggest population booms, the Lone Star State is generating more wealth for the average resident than it did just a few years ago, a sign that the state's economy is getting stronger, not just larger.For decades, California and New York have dominated America'...