Dallas Stats

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Dallas Has the 6th Fastest Growing Economy

U.S. economic output grew by 2.2% in 2014 to $15.77 trillion. Some sectors — such as the manufacturing and mining industries — grew. Others — including agriculture and government — shrank. Similarly, some metropolitan area economies grew much faster than the nation, while other city economies actually contracted. U.S. metro areas are the largest contributors […]

Why Cancer is Less Common in Dallas

Surpassed by only heart disease, cancer is second leading cause of death in the United States. There are roughly 448 cases of cancer per 100,000 Americans, accounting for 22.5% of all deaths nationwide. In the Dallas-Fort Worth-Arlington metro area, an estimated 426 out of every 100,000 residents have been diagnosed with cancer, lower than the […]

Dallas Property Crime Rate On Par With Nation

There were 2,487 property crimes — larceny, burglary, and motor vehicle theft — reported per 100,000 Americans in 2015, an 11.6% decline from five years prior. The FBI estimates that property crime resulted in $14.3 billion in losses in 2015, down from $15.6 billion in 2011. For several centuries, crime has been more common in […]

Nearly 60% of Adults in Texas Use Only Cellphones

Americans are steadily abandoning traditional telephone landlines and exclusively using wireless devices. While 8.4% of U.S. households used only cellphones in 2005, this was true of nearly half of all American households only a decade later. The likelihood of living in a cellphone-only household varies considerably across states. New Jersey has the lowest share of […]

Identity Theft More Common in Texas

The risk of identity theft in the United States continues to rise. The incidence of such crimes rose consistently over the last decade, from 246,214 in 2006 to 399,225 last year. The rate of identity theft varies considerably between states. Using the Federal Trade Commission’s 2017 Consumer Sentinel Network Data Book, 24/7 Wall St. reviewed […]

Texas More Tax-Friendly for Business Than Most States

States compete to attract new businesses, which can generate jobs and contribute to economic growth. While every state levies some form of taxes on businesses, some states are more tax-friendly than others. In addition to other factors, such as the strength of the labor force, a state’s tax code is an important consideration for businesses […]

Gas Prices Are Near the Lowest in Texas

The price of gas, a necessity for most Americans, tends to be somewhat unpredictable. The common, often erratic, fluctuations are due to basic supply and demand factors, but the price of gas also changes with the seasons, after natural disasters, and due to other events in the United States or around the world. The average […]

Texas is One of Only Seven States With No Income Tax

The U.S. government collects a portion of every working American’s paycheck. States are free to levy an additional income tax. While taxes on individual incomes are a significant source of revenue for most states, a handful of states have no individual income tax. 24/7 Wall St. reviewed state level tax codes using tax data compiled […]

Wal-Mart is the Largest Employer in Texas

Most state economies are relatively diverse, yet it is not uncommon for a single industry to have an outsized impact on the state’s economy and labor market. In some cases, a single company employs a significant share of the state’s workforce. State governments tend to be the largest employers in each state. There are more […]

Texas Has the 5th Lowest Taxes in America

In the U.S. federalist system, each state government decides how to generate revenue — that is, which taxes to collect, and how. No state tax code is identical, and largely as a result, what the average American pays annually in taxes varies from state to state. 24/7 Wall St. reviewed each state’s tax burden — […]

Texas Spends Significantly Less On Gambling Than Other States

Taking risks is at the heart of the entrepreneurial spirit that is often associated with the American way of life. While not exactly entrepreneurial, perhaps nowhere is risk-taking more apparent than across the U.S. gaming sector. In a given year, state governments together generate nearly $63 billion in revenue from casinos and lotteries. This revenue […]

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