Changes

In the 1960s, Texas began to develop its technology industries as oil became less easy to exploit—even though soaring oil prices in the 1970s caused the energy industry to boom. Since then, the state has become a preferred location for the headquarters of large corporations from airlines and retail chains to telecommunications and chemical companies. High-technology industries have boomed since the 1980s, especially in the Dallas–Fort Worth, Houston, and Austin areas. The state's economy proved still vulnerable to the fluctuations of the energy industry in the mid-1980s, however, when falling oil prices resulted in massive layoffs, hurting the state's real estate market and in turn precipitating the failure of hundreds of savings and loans in the state.

In the 1960s, Texas began to develop its technology industries as oil became less easy to exploit—even though soaring oil prices in the 1970s caused the energy industry to boom. Since then, the state has become a preferred location for the headquarters of large corporations from airlines and retail chains to telecommunications and chemical companies. High-technology industries have boomed since the 1980s, especially in the Dallas–Fort Worth, Houston, and Austin areas. The state's economy proved still vulnerable to the fluctuations of the energy industry in the mid-1980s, however, when falling oil prices resulted in massive layoffs, hurting the state's real estate market and in turn precipitating the failure of hundreds of savings and loans in the state.

Texas has, however, continued to grow, becoming the second most populous state in the nation. Its population increased by nearly 23% between 1990 and 2000, and its economy slowly recovered in the 1990s. Its political influence has grown commensurately, and since the 1960s three sons (or adopted sons) of Texas have been president of the nation: Lyndon Johnson, George Herbert Walker Bush, and George Walker Bush. In Sept., 2005, SE Texas suffered extensive damage as a result of Hurricane Rita, but it was spared the devastating storm surge that ravaged the neighboring SW Louisiana coast.

Texas has, however, continued to grow, becoming the second most populous state in the nation. Its population increased by nearly 23% between 1990 and 2000, and its economy slowly recovered in the 1990s. Its political influence has grown commensurately, and since the 1960s three sons (or adopted sons) of Texas have been president of the nation: Lyndon Johnson, George Herbert Walker Bush, and [[Directory:George W. Bush|George Walker Bush]]. In Sept., 2005, SE Texas suffered extensive damage as a result of Hurricane Rita, but it was spared the devastating storm surge that ravaged the neighboring SW Louisiana coast.

== Trivia ==

== Trivia ==