Consumer spending on financial services in Texas

Consumer spending on financial services in Texas was $93.61 billion in 2025, according to the U.S. Bureau of Economic Analysis. That is up 10.8% from 2024. That is the 2nd highest of 51 states in 2025.

2025, USD million93,608.4

Change on 2024+10.8%

Rank2nd of 51US states ranked

Series high93,608.42025

Series low17,048.81997

Next release: Thursday, 30 September 2027, 08:30 ET, announced by BEA. Release calendar

Consumer spending on financial services in Texas, 1997 to 2025

USD million. Source: BEA, SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states. Retrieved 2026-10-12, published 2026-09-30.

All 29 values

Period	USD million
2025	93,608.4
2024	84,483
2023	76,906.7
2022	71,586.4
2021	67,386.2
2020	59,820.6
2019	58,715.7
2018	56,715.8
2017	55,568.1
2016	51,525.7
2015	50,335.9
2014	47,580.7
2013	45,661.8
2012	43,285.3
2011	40,682
2010	38,290.3
2009	35,242
2008	37,326
2007	35,330.8
2006	32,860.8
2005	30,130.5
2004	27,199.9
2003	25,192.3
2002	23,261
2001	22,245.3
2000	22,801.9
1999	20,265.2
1998	18,622.7
1997	17,048.8

Compared with United States

Place	2025
Texas	93,608.4
United States	1,107,018.9

Texas compared with nearby places

Under 3,000
3,000 to 8,000
8,000 to 12K
12K to 20K
20K to 29K
29K and over

Consumer spending on financial services, 2025, USD million. Texas is outlined. Same source and period for every area shown. Source: U.S. Bureau of Economic Analysis. Boundaries: U.S. Census Bureau cartographic boundary files.

Rankings

US states by consumer spending on financial services 51 places

Definition

Personal consumption expenditures on financial service charges, fees and commissions, and financial services furnished without payment, by the households and nonprofit institutions serving households resident in the place, in millions of current US dollars. Bureau of Economic Analysis, PCE by state by type of product (table SAPCE3, line 87, Financial services); the national figure equals the national accounts (NIPA table 2.4.5).

About half is an estimate of the value of banking services paid for through lower interest on deposits rather than explicit fees. Millions of current US dollars: not adjusted for inflation or for price differences between states (see regional_price_parity). Spending is assigned to the state where the buyer lives, wherever the purchase is made. It includes purchases paid on behalf of households by employers, insurers and government programs, and the spending of nonprofit institutions serving households. Not the same as retail sales, which count store sales where the store is, and not the PCE price index. BEA revises the latest years every September.

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How to cite

U.S. Bureau of Economic Analysis. SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states. https://apps.bea.gov/regional/zip/SAPCE.zip. Retrieved 2026-10-12.

Citation styles

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APA 7

U.S. Bureau of Economic Analysis. (2026). SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states (Consumer spending on financial services, Texas, 1997 to 2025) [Data set]. Retrieved October 12, 2026, from https://apps.bea.gov/regional/zip/SAPCE.zip

MLA 9

SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states, Consumer spending on financial services, Texas, 1997 to 2025. U.S. Bureau of Economic Analysis, 30 Sept. 2026, https://apps.bea.gov/regional/zip/SAPCE.zip. Invokely, https://invokely.ai/en/consumer-spending-financial-services/texas. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Bureau of Economic Analysis. 2026. SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states. Consumer spending on financial services, Texas, 1997 to 2025. Dataset. Accessed October 12, 2026. https://apps.bea.gov/regional/zip/SAPCE.zip. Also distributed by Invokely, https://invokely.ai/en/consumer-spending-financial-services/texas.

Harvard

U.S. Bureau of Economic Analysis (2026) SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states, Consumer spending on financial services, Texas, 1997 to 2025 [Dataset]. Available at: https://apps.bea.gov/regional/zip/SAPCE.zip, via Invokely: https://invokely.ai/en/consumer-spending-financial-services/texas (Accessed: 12 October 2026).

BibTeX

@misc{bureau_consumer_spending_on_financial_2025,
  author = {{U.S. Bureau of Economic Analysis}},
  title = {{SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states: Consumer spending on financial services, Texas, 1997 to 2025}},
  year = {2026},
  howpublished = {Data set},
  url = {https://apps.bea.gov/regional/zip/SAPCE.zip},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/consumer-spending-financial-services/texas. Publisher attribution: U.S. Bureau of Economic Analysis. SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states. https://apps.bea.gov/regional/zip/SAPCE.zip. Retrieved 2026-10-12.},
}

RIS

TY  - DATA
AU  - U.S. Bureau of Economic Analysis
TI  - SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states: Consumer spending on financial services, Texas, 1997 to 2025
PY  - 2026
DA  - 2026/09/30
PB  - U.S. Bureau of Economic Analysis
DB  - Invokely
UR  - https://apps.bea.gov/regional/zip/SAPCE.zip
L2  - https://invokely.ai/en/consumer-spending-financial-services/texas
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/consumer-spending-financial-services/texas.
N1  - Publisher attribution: U.S. Bureau of Economic Analysis. SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states. https://apps.bea.gov/regional/zip/SAPCE.zip. Retrieved 2026-10-12.
ER  -

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Questions

What is the consumer spending on financial services in Texas?

Where does this figure come from?

U.S. Bureau of Economic Analysis. SAPCE3: personal consumption expenditures by state by type of product, financial services (line 87), millions of current dollars, United States and states. Retrieved by Invokely on 2026-10-12.

What was the highest consumer spending on financial services in Texas?

$93.61 billion in 2025, the highest value since 1997 in this series.

Consumer spending on financial services elsewhere in United States

Related statistics for Texas

All statistics for Texas | Texas in figures