Texas Business & Employment Growth Since 2009

  • 126,841 more businesses
  • 2,152,255 more employees
  • 21.2% increase in total wages
  • $12,052 increase in annual wages per employee
  • 26.4% increase in wages per employee

Since 2009, the number of businesses in Texas has grown by 22.4% (10.9% greater than the national average of 11.4%). Employment in Texas has grown by 21.2% (7.6% greater than the national average of 13.6%). Wages have grown by 26.3% since the end of the Great Recession. This wage growth is 0.6% greater than the national average of 25.7%.
The average weekly wage in Texas of $1,110 is 0.8% above the national average of $1,101. The gap between the national average has widened from 0.3% a widening of 0.5% since the end of the recession.

Sector Growth

Business Sector Growth

The Professional services sector has the most businesses in the state of Texas. Since the end of the recession, the number of businesses has grown from 68,496 to 92,277, a gain of 34.7%. The table below illustrates the change in number of businesses in each sector.
Sector20182009Pct Chg
Professional services92,27768,49634.7%
Healthcare82,47753,66653.7%
Retail trade78,09670,67110.5%
Other services56,35454,7912.9%
Accommodation and food services54,78441,55031.9%
Construction51,26544,78314.5%
Wholesale trade46,44341,88610.9%
Finance and insurance41,05234,68818.3%
Waste services38,00229,70028.0%
Real estate and rental32,48925,55827.1%
Manufacturing24,72123,3755.8%
Transport and warehousing20,64115,68131.6%
Agriculture and forestry10,2359,4008.9%
Information9,8129,881-0.7%
Mining and oil extraction9,4668,53210.9%
Arts and entertainment7,8785,93332.8%
Educational services7,8695,14652.9%
Company management3,3852,24251.0%
Utilities1,9731,8506.6%

The sector that has had the strongest growth [in number of businesses] is the Healthcare sector, which has increased by 53.7% since 2009. The sector that has has the largest decline is the Information sector, which has declined by 0.7% since the recession.

Employment Sector Growth

The Healthcare sector has the most employees in the state of Texas. Since the end of the recession, the number of employees has grown from 1,136,058 to 1,471,952, a gain of 29.6%. The table below illustrates the change in number of employees in each sector.
Sector20182009Pct Chg
Healthcare1,471,9521,136,05829.6%
Retail trade1,328,3581,141,58016.4%
Accommodation and food services1,209,715895,48735.1%
Manufacturing879,481837,4295.0%
Waste services810,670613,21532.2%
Professional services782,867561,54539.4%
Construction738,586597,47323.6%
Wholesale trade595,450498,85319.4%
Finance and insurance534,631445,72219.9%
Transport and warehousing489,167354,38638.0%
Other services333,653291,08314.6%
Mining and oil extraction244,024202,72020.4%
Real estate and rental221,567175,24226.4%
Information203,811205,236-0.7%
Educational services169,947114,73048.1%
Arts and entertainment144,304109,51131.8%
Company management141,96476,42385.8%
Agriculture and forestry59,76658,1382.8%
Utilities51,62547,9787.6%

The sector that has had the strongest employment growth [in number of employees] is the Healthcare sector, which has increased by 29.6% since 2009. The sector that has has the largest employment decline in number of employees is the Information sector, which has declined by 0.7% since the recession.

Weekly Wage Growth By Sector

The Company management sector has the highest average weekly wage in the state of Texas. Since the end of the recession, the average wage has grown from $1,792 to $2,556, a gain of 42.6%. The table below illustrates the change in weekly wage in each sector.
Sector20182009Pct Chg
Company management$2,556$1,7920.0%
Mining and oil extraction$2,442$2,1560.0%
Utilities$2,153$1,7010.0%
Professional services$1,819$1,4250.0%
Finance and insurance$1,756$1,2570.0%
Information$1,674$1,2860.0%
Wholesale trade$1,604$1,2540.0%
Manufacturing$1,493$1,1610.0%
Construction$1,261$9420.0%
Real estate and rental$1,233$8470.0%
Transport and warehousing$1,179$9420.0%
Educational services$925$7780.0%
Healthcare$924$7820.0%
Waste services$861$6770.0%
Other services$758$5640.0%
Agriculture and forestry$727$5330.0%
Arts and entertainment$668$5680.0%
Retail trade$631$5090.0%
Accommodation and food services$391$3100.0%

The sector that has had the strongest wage growth is the Unclassified sector, which has increased by 0.0% since 2009. The sector that has has the smallest wage growth is the Accommodation and food services sector, which has declined by 0.0% since the recession.


Industry Growth

Business Industry Growth

The Restaurants and other eating places industry has the greatest number of businesses in the state of Texas. This industry currently has 43,299 businesses in it. There is no direct comparison to the total at the end of recession and is not included in the table below.

Industry20182009Pct Chg
Computer systems design and related services21,69912,4060.0%
Offices of physicians21,32218,9040.0%
Private households18,99022,4540.0%
Management consulting services16,88110,9350.0%
Services for the elderly and disabled16,5619550.0%
Offices of lawyers13,79312,7090.0%

The top industry that has had the largest increase in the number of businesses is the Services for the elderly and disabled industry, which has increased by 0.0% since 2009. The top industry that has has the largest decline in the number of businesses is the Private households industry, which has declined by 0.0% since the recession.

Employment Industry Growth

The Restaurants and other eating places industry has the greatest number of employees in the state of Texas. This industry currently has 997,151 employees in it. There is no direct comparison back to the total at the end of the recession and is not included in the table below.

Industry20182009Pct Chg
General medical and surgical hospitals299,603263,3850.0%
Home health care services264,488212,8940.0%
Temporary help services247,471166,5390.0%
Offices of physicians226,795182,0830.0%
Supermarkets and other grocery stores199,499166,8010.0%
Computer systems design and related services187,90098,2020.0%

The top industry that has had the largest increase in the number of employees is the Computer systems design and related services industry, which has increased by 0.0% since 2009. The top industry that has has the largest decline in the number of employees is the Supermarkets and other grocery stores industry, which has declined by 0.0% since the recession.

Weekly Wage Growth By Industry

The Trusts estates and agency accounts industry has the highest average weekly wage in the state of Texas. Since the end of the recession, the average wage has grown from $1,256 to $8,382, a gain of 567.4%. The table below illustrates the change in weekly wage in each sector.
Industry20182009Pct Chg
Trusts estates and agency accounts$8,382$1,2560.0%
Artificial fibers and filaments manufacturing$5,574$1,0950.0%
Investment banking and securities dealing$4,589$2,7040.0%
Commodity contracts brokerage$4,321$2,5060.0%
Other financial vehicles$3,772$2,7520.0%
All other pipeline transportation$3,552$9660.0%

The top industry that has had the strongest wage growth is the Trusts estates and agency accounts industry, which has increased by 0.0% since 2009. The top industry that has has the largest wage decline is the Other financial vehicles industry, which has declined by 0.0% since the recession.


Company Size

Business Growth By Company Size

The biggest percentage change in the number of businesses has been in businesses with 1,000 or more employees. The number of businesses with this number of employees has grown from 381 to 525, which is an increase of 37.8%.

The smallest percentage change in the number of businesses has been in businesses with 5 to 9 employees. The number of businesses with this number of employees has grown from 99,941 to 113,089, which is an increase of 13.2%.

Table: Change in the number of Businesses by Size of Business, since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees376,850306,07023.1%
5-9 Employees113,08999,94113.2%
10-19 Employees82,46169,86418.0%
20-49 Employees59,98348,58323.5%
50-99 Employees20,78316,33027.3%
100-249 Employees11,5899,14726.7%
250-499 Employees3,1372,42229.5%
500-999 Employees1,04382526.4%
More Than 1,000 Employees52538137.8%


Employment Growth by Company Size

The biggest percentage change in the number of employees has been in businesses with 1,000 or more employees. The number of employees in companies this size has grown from 763,144 to 1,044,678, which is an increase of 36.9%.

The smallest percentage change in the number of employees has been in businesses with 5 to 9 employees. The number of employees with this number of employees has grown from 657,342 to 745,342, which is an increase of 13.4%.

Table: Change in the number of Employees by Size of Business, since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees631,872534,80218.2%
5-9 Employees745,342657,34213.4%
10-19 Employees1,107,426940,54917.7%
20-49 Employees1,785,4191,449,68623.2%
50-99 Employees1,420,1821,113,23727.6%
100-249 Employees1,726,5091,355,41827.4%
250-499 Employees1,063,210827,54228.5%
500-999 Employees693,662559,01324.1%
More Than 1,000 Employees1,044,678763,14436.9%


Weekly Wage Growth by Company Size

The biggest percentage change in the average weekly wage has been in businesses with 1,000 or more employees. The average weekly wage in companies this size has grown from $1,373 to $1,858, which is an increase of 35.3%.

The smallest percentage change in the average weekly wage has been in businesses with 250 to 499 employees. The average weekly wage in companies this size has grown from $1,053 to $1,332, which is an increase of 26.5%.

Table: Change Average Weekly Wage by Size Since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees$1,043$79531.2%
5-9 Employees$928$70731.3%
10-19 Employees$934$72329.2%
20-49 Employees$979$76028.8%
50-99 Employees$1,101$83931.2%
100-249 Employees$1,219$92332.1%
250-499 Employees$1,332$1,05326.5%
500-999 Employees$1,614$1,25428.7%
More Than 1,000 Employees$1,858$1,37335.3%



Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.