According to 24/7 Wall St. (June 15, 2013), Texas ranked #2 on the list of States with the Fastest Growing Economies based on GDP.
Here is the list of the Top 10 States. The entire article can be viewed at http://www.usatoday.com/story/money/business/2013/06/15/states-with-the-fastest-growing-economies/2416239/
1. North Dakota
> GDP growth: 13.4%
> Real 2012 GDP: $38.7 billion (5th smallest)
> 1-yr. population change: 2.17% (the highest)
> 1-yr. employment growth: 3.02% (the highest)
2. Texas
> GDP growth: 4.8%
> Real 2012 GDP: $1.21 trillion (2nd largest)
> 1-yr. population change: 1.67% (2nd highest)
> 1-yr. employment growth: 2.17% (6th highest)
3. Oregon
> GDP growth: 3.9%
> Real 2012 GDP: $187.4 billion (25th largest)
> 1-yr. population change: 0.80% (21st highest)
> 1-yr. employment growth: 0.35% (8th lowest)
4. Washington
> GDP growth: 3.6%
> Real 2012 GDP: $324.2 billion (14th largest)
> 1-yr. population change: 1.08% (11th highest)
> 1-yr. employment growth: 1.12% (22nd highest)
5. Minnesota
> GDP growth: 3.5% (tied for 5th highest)
> Real 2012 GDP: $253.0 billion (17th largest)
> 1-yr. population change: 0.60% (25th lowest)
> 1-yr. employment growth: 0.88% (23rd lowest)
6. California
> GDP growth: 3.5% (tied for 5th highest)
> Real 2012 GDP: $1.75 trillion (the largest)
> 1-yr. population change: 0.95% (18th highest)
> 1-yr. employment growth: 1.99% (7th highest)
7. Utah
> GDP growth: 3.4%
> Real 2012 GDP: $111.8 billion (18th smallest)
> 1-yr. population change: 1.45% (4th highest)
> 1-yr. employment growth: 1.76% (11th highest)
8. Indiana
> GDP growth: 3.3% (tied for 8th highest)
> Real 2012 GDP: $255.4 billion (16th largest)
> 1-yr. population change: 0.32% (15th lowest)
> 1-yr. employment growth: 0.38% (10th lowest)
9. Tennessee
> GDP growth: 3.3% (tied for 8th highest)
> Real 2012 GDP: $240.5 billion (18th largest)
> 1-yr. population change: 0.88% (19th highest)
> 1-yr. employment growth: 1.26% (20th highest)
10. West Virginia
> GDP growth: 3.3% (tied for 8th highest)
> Real 2012 GDP: $56.4 billion (11th smallest)
> 1-yr. population change: 0.03% (3rd lowest)
> 1-yr. employment growth: 0.77% (17th lowest)