As we step into the second month of 2025, the Texas economy continues to show strength, resilience, and an optimistic trajectory across multiple sectors. From job growth and housing trends to commercial development and population shifts, Texas remains one of the nation’s top-performing states—and a strategic place to live, invest, and grow.
Here’s a snapshot of key economic trends shaping Texas this February:
Economic Growth & Employment
Texas remains an economic powerhouse, outperforming national growth averages. The state’s GDP is expected to grow by 3.1% in 2025, driven by strong performance in energy, tech, and manufacturing.
Unemployment is hovering around 3.8%, maintaining a healthy job market across urban and suburban areas.
The Austin, Dallas-Fort Worth, Houston, and San Antonio metros continue to lead in job creation, particularly in healthcare, logistics, finance, and construction.
With strong population inflows and diversified industry growth, Texas employers are optimistic, and job seekers are finding new opportunities daily.
Real Estate Market Overview
While interest rates remain slightly elevated compared to pre-pandemic lows, the Texas real estate market remains stable and competitive. Many markets are seeing a resurgence in buyer activity due to increased confidence in long-term home values.
Home prices have leveled out in many metros, providing more opportunity for first-time buyers and investors.
Inventory is still tight in major urban areas, but new construction is slowly improving supply.
Multifamily and build-to-rent communities are on the rise, meeting high rental demand.
Increased affordability initiatives and rising consumer confidence are contributing to positive momentum in both residential and commercial real estate.
Migration & Population Growth
Texas continues to be a top destination for domestic migration. Over the past year, the state added more than 450,000 new residents, many relocating from states like California, New York, and Illinois.
Increased demand for housing in suburban and secondary markets
Business growth in services, education, and infrastructure
Strong opportunities for local entrepreneurs and real estate investors
With its favorable tax climate, cost of living, and lifestyle appeal, Texas is expected to remain one of the fastest-growing states in the U.S. through 2030.
Infrastructure & Development
Major transportation and infrastructure projects are underway across the state, including highway expansions, energy grid upgrades, and urban transit developments. These investments are laying the groundwork for long-term growth and supporting business expansion in both urban cores and outlying communities
DFW’s continued investment in smart transit solutions
Houston’s push toward mixed-use urban revitalization
Austin and San Antonio’s technology-driven development corridors
Final Thoughts
The outlook for the Texas economy in February 2025 is strong, with balanced growth across sectors and promising conditions for residents, business owners, and investors alike. Whether you’re looking to buy your first home, expand your real estate portfolio, or launch a new venture, Texas remains a land of opportunity—resilient, dynamic, and open for growth.
At Onyx Group, we continue to monitor economic trends closely to better serve our clients and guide them through smart, informed decisions. Whether you’re buying, selling, or investing—we’re here to help you move forward with confidence in the Lone Star State.
