Lubbock Ranks Well Nationwide For Economic Growth

Lubbock has the 65th best economic growth rate in the United States for 2013, according to a company called Global Insight.
LUBBOCK, TX - Lubbock has the 65th best economic growth rate in the United States for 2013, according to a company called Global Insight. The Global Insight report was prepared in November for the United States Conference of Mayors and the Council on Metro Economies and the New American City.

According to the report, the Lubbock economy shrank 2.7% in 2011. It grew 4.3% in 2012, and 2.2% in 2013. Lubbock is projected to have 1.9% growth for 2014. Lubbock’s gross metropolitan product for 2013 is $11.3 billion and projected to be $11.7 billion next year. Lubbock ranked 72nd best this year for non-farm employment growth.
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