Nope. "The economy of the State of Texas is the second largest by GDP in the United States after that of California." https://en.wikipedia.org/wiki/Economy_of_Texas

Texas has been growing rapidly in some areas, the thing is though is the political redistricting which means those voting power may skew towards those in rural areas. So if you see, for example, a technology company in a city like Austin trying to evangelize connecting to community to flip the vote, it might be effort done within a vacuum with less effectiveness than perceived.