S&P bullish on the state of Texas

The Housing Wire reports:

Texans like to brag that everything in their state is bigger.

Now New York-based Standard & Poor's, in a new research report, pretty much agrees with that assessment. The ratings agency said the Lone Star State, with its large and diversified economy, continues to outperform the nation in terms of housing, economic activity and employment.

"By most measures, Texas has been one of the most rapidly expanding and diversifying economies in the nation over the past decade. The state's growing population, coupled with what we believe is a relatively low cost of living and of doing business, has fueled strong growth in industries and sectors that just two decades ago had a limited presence in the state."

Could be a Rick Perry campaign commercial for President.