Texas

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A row of one- and two-story brick shopfronts along a wide main street under a blue sky with scattered clouds, with a diner, a massage studio and other small businesses and a parked SUV.
Business

Americans Have Filed 13 Per Cent More Business Applications This Year. Filings From Firms Planning to Pay Wages Fell Everywhere but Oklahoma.

Americans filed 5.23 million applications for new business tax IDs in the first ten months of 2026, 13.0 per cent more than a year earlier, according to Census Bureau data released on 12 November 2026. Applications that named a date for paying wages fell 14.2 per cent. By our count they fell in every state and the District of Columbia except Oklahoma.

A tall land drilling rig with equipment and soil piles at its base stands in a bare ploughed field under heavy grey clouds.
The Numbers

Oil Averaged $96 in the Spring. The Economies of America's Oil States Shrank.

In the second quarter, when West Texas crude averaged $95.65 a barrel, the current-dollar economies of Alaska, New Mexico, Texas, North Dakota, Wyoming and West Virginia grew faster than any others. Measured in real terms, West Virginia, Wyoming, Alaska and North Dakota shrank, along with Kansas and Nebraska. Real mining output fell in every big energy state. The oil price raised the value of what they produced, not the amount.