According to newly published figures, the Texas economy has climbed in global rankings.
Texas is now ranked as the 9th largest economy in the world ($1.8T) ahead of Brazil (1.7T), Canada (1.6T), and Spain, Australia, Mexico, and Russia (1.1T-1.2T). And, at the current rate of economic growth, Texas is also on track to overtake Italy and end 2016 as the 8th largest economy in the world.